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EOG Resources, Inc. (EOG)
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EOG Resources, Inc. (EOG) DCF Valuation

Transparent DCF models put EOG Resources, Inc. (EOG)'s fair value in a range of $151.79$309.87 — the low end is TGM's conservative base case (5% FCF growth, 10% discount), the high end the analyst consensus (FMP). Today's price of $137.33 sits below that range — by these conservative assumptions it screens as potentially undervalued.

Reverse DCF: at today's $137.33, the market is pricing in roughly +3.7%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of +21.5%. The price assumes a slowdown from its track record — a potential value signal if growth holds.

Current Price

$137.33

Fair-Value Range

$151.79 – $309.87

Market-Implied Growth

+3.7%/yr

vs +21.5% 5Y actual

EOG DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.

5%/yr
Historical FCF CAGR: 3Y -18.8% · 5Y 21.5% · 10Y 23.3%
10%
2.5%
10yr

Base inputs: FCF $5.2B · 0.53B shares · net debt $5.0B

Estimated Fair Value

$151.79

+10.5% vs $137.33

Current price$137.33
Analyst DCF (FMP)$309.87

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $137.33; red = below. Your current case is outlined.

WACC ↓ / Terminal →1.50%2.00%2.50%3.00%3.50%
8.0%$191$201$213$228$246
9.0%$163$170$178$187$198
10.0%$141$146$152$158$166
11.0%$124$128$132$137$142
12.0%$111$113$116$120$124

About EOG Resources, Inc.

EOG Resources, Inc., alongside its subsidiaries, is actively involved in the exploration, development, production, and commercialization of crude oil, natural gas, and natural gas liquids. The company's primary operational hubs for production are located in New Mexico and Texas within the United States, as well as the Republic of Trinidad and Tobago. As of December 31, 2021, its total estimated net proved reserves amounted to 3,747 million barrels of oil equivalent. This figure comprised 1,548 million barrels of crude oil and condensate, 829 million barrels of natural gas liquids, and 8,222 billion cubic feet of natural gas. Formerly known as Enron Oil & Gas Company, EOG Resources, Inc. was established in 1985 and has its corporate headquarters in Houston, Texas.

Houston, TX
3,150 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Ezra Y. Yacob