EOG Long Term Debt Total vs Property Plant Equipment Analysis

EOG Stock  USD 129.94  2.02  1.58%   
EOG Resources financial indicator trend analysis is much more than just examining EOG Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EOG Resources is a good investment. Please check the relationship between EOG Resources Long Term Debt Total and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.

Long Term Debt Total vs Property Plant Equipment

Long Term Debt Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EOG Resources Long Term Debt Total account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between EOG Resources' Long Term Debt Total and Property Plant Equipment is 0.26. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of EOG Resources, assuming nothing else is changed. The correlation between historical values of EOG Resources' Long Term Debt Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of EOG Resources are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt Total i.e., EOG Resources' Long Term Debt Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt Total

Property Plant Equipment

Most indicators from EOG Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EOG Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.At this time, EOG Resources' Enterprise Value Over EBITDA is most likely to slightly decrease in the upcoming years. The EOG Resources' current Enterprise Value Multiple is estimated to increase to 5.93, while Sales General And Administrative To Revenue is projected to decrease to 0.03.
 2021 2022 2023 2024 (projected)
Gross Profit14.3B24.0B17.6B18.5B
Total Revenue19.7B29.5B23.2B24.3B

EOG Resources fundamental ratios Correlations

0.430.440.90.970.97-0.280.950.870.780.980.740.780.920.30.570.850.740.780.670.880.440.750.570.570.71
0.430.180.30.240.590.650.160.47-0.070.56-0.06-0.070.220.640.940.10.020.390.880.030.12-0.04-0.17-0.170.21
0.440.180.650.440.34-0.40.390.370.610.350.410.610.560.430.250.350.470.490.410.590.60.07-0.02-0.020.35
0.90.30.650.90.84-0.390.880.850.780.860.80.780.950.390.430.810.750.740.610.870.70.550.380.380.59
0.970.240.440.90.91-0.450.980.80.860.930.850.860.940.230.380.90.790.790.510.930.480.820.680.680.76
0.970.590.340.840.91-0.060.880.880.621.00.610.620.840.350.690.780.640.740.760.740.370.670.480.480.65
-0.280.65-0.4-0.39-0.45-0.06-0.49-0.09-0.79-0.1-0.63-0.79-0.440.180.44-0.44-0.53-0.260.27-0.69-0.28-0.48-0.54-0.54-0.38
0.950.160.390.880.980.88-0.490.820.850.890.80.850.930.130.330.940.810.660.460.940.40.850.730.730.66
0.870.470.370.850.80.88-0.090.820.540.870.480.540.860.280.610.760.690.480.70.70.320.520.350.350.3
0.78-0.070.610.780.860.62-0.790.850.540.650.811.00.80.120.140.740.760.670.290.970.420.710.630.630.71
0.980.560.350.860.931.0-0.10.890.870.650.660.650.860.350.660.80.660.770.730.770.40.690.50.50.67
0.74-0.060.410.80.850.61-0.630.80.480.810.660.810.790.220.030.720.640.790.210.820.690.680.590.590.77
0.78-0.070.610.780.860.62-0.790.850.541.00.650.810.80.120.140.740.760.670.290.970.420.710.630.630.71
0.920.220.560.950.940.84-0.440.930.860.80.860.790.80.260.350.890.810.710.510.910.520.70.560.560.6
0.30.640.430.390.230.350.180.130.280.120.350.220.120.260.680.020.060.480.770.140.44-0.15-0.1-0.10.27
0.570.940.250.430.380.690.440.330.610.140.660.030.140.350.680.220.180.410.970.220.090.1-0.01-0.010.24
0.850.10.350.810.90.78-0.440.940.760.740.80.720.740.890.020.220.770.520.340.860.420.840.750.750.57
0.740.020.470.750.790.64-0.530.810.690.760.660.640.760.810.060.180.770.490.310.830.330.550.560.560.46
0.780.390.490.740.790.74-0.260.660.480.670.770.790.670.710.480.410.520.490.530.680.620.510.360.360.89
0.670.880.410.610.510.760.270.460.70.290.730.210.290.510.770.970.340.310.530.380.290.150.040.040.32
0.880.030.590.870.930.74-0.690.940.70.970.770.820.970.910.140.220.860.830.680.380.450.770.660.660.68
0.440.120.60.70.480.37-0.280.40.320.420.40.690.420.520.440.090.420.330.620.290.450.110.010.010.48
0.75-0.040.070.550.820.67-0.480.850.520.710.690.680.710.7-0.150.10.840.550.510.150.770.110.910.910.65
0.57-0.17-0.020.380.680.48-0.540.730.350.630.50.590.630.56-0.1-0.010.750.560.360.040.660.010.911.00.55
0.57-0.17-0.020.380.680.48-0.540.730.350.630.50.590.630.56-0.1-0.010.750.560.360.040.660.010.911.00.55
0.710.210.350.590.760.65-0.380.660.30.710.670.770.710.60.270.240.570.460.890.320.680.480.650.550.55
Click cells to compare fundamentals

EOG Resources Account Relationship Matchups

EOG Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.1B35.8B38.2B41.4B43.9B46.0B
Short Long Term Debt Total5.5B6.1B5.3B5.4B4.8B3.1B
Other Current Liab252.8M279.6M569M1.4B286M225.3M
Total Current Liabilities4.5B3.5B4.0B5.5B4.1B4.3B
Total Stockholder Equity21.6B20.3B22.2B24.8B28.1B29.5B
Property Plant And Equipment Net30.4B28.6B28.4B29.4B32.3B33.9B
Net Debt3.5B2.8B140M(598M)(478M)(454.1M)
Retained Earnings15.6B14.2B15.9B18.5B22.6B23.8B
Accounts Payable2.4B1.7B2.2B2.5B2.4B2.6B
Cash2.0B3.3B5.2B6.0B5.3B5.5B
Non Current Assets Total31.9B29.9B29.7B30.9B33.9B35.6B
Non Currrent Assets Other1.5B1.3B1.2B1.4B1.6B1.7B
Cash And Short Term Investments2.0B3.3B5.2B6.0B5.3B5.5B
Net Receivables2.2B1.5B2.3B2.9B2.7B2.9B
Common Stock Shares Outstanding580.4M580.8M578.9M584M587M443.8M
Liabilities And Stockholders Equity37.1B35.8B38.2B41.4B43.9B46.0B
Non Current Liabilities Total11.0B12.0B12.0B11.1B11.7B6.3B
Inventory767.3M629.4M584M1.1B1.3B1.3B
Other Current Assets323.4M294.0M456M574M560M588M
Other Stockholder Equity5.8B5.9B6.1B6.1B5.3B5.5B
Total Liab15.5B15.5B16.1B16.6B15.8B8.1B
Total Current Assets5.3B5.9B8.6B10.5B9.9B10.4B
Short Term Debt1.4B1.1B277M1.6B359M406.3M
Property Plant And Equipment Gross30.4B28.6B28.4B29.4B77.6B81.5B
Accumulated Other Comprehensive Income(4.7M)(12.3M)(12M)(8M)(9M)(9.5M)
Common Stock Total Equity205.8M205.8M205.8M206M236.9M223.8M
Common Stock205.8M205.8M205.8M206M236.9M223.9M
Other Liab6.4B7.0B6.9B6.7B7.7B8.1B
Other Assets713.7M58.5B59.5B2.0B2.3B2.2B
Long Term Debt4.2B5.0B5.1B3.6B3.6B4.0B
Treasury Stock(42.2M)(26.5M)(6.6M)(20M)(23M)(24.2M)
Property Plant Equipment30.4B28.6B28.4B30.3B34.8B19.7B
Current Deferred Revenue421.1M423.2M954M992M1.1B1.2B
Net Tangible Assets21.6B20.3B22.2B24.8B28.5B18.1B
Retained Earnings Total Equity15.6B14.2B15.9B18.5B21.2B12.7B
Long Term Debt Total4.2B5.0B5.1B3.8B3.4B4.2B
Capital Surpluse5.8B5.9B6.1B6.2B7.1B4.3B

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When determining whether EOG Resources is a strong investment it is important to analyze EOG Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EOG Resources' future performance. For an informed investment choice regarding EOG Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running EOG Resources' price analysis, check to measure EOG Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EOG Resources is operating at the current time. Most of EOG Resources' value examination focuses on studying past and present price action to predict the probability of EOG Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EOG Resources' price. Additionally, you may evaluate how the addition of EOG Resources to your portfolios can decrease your overall portfolio volatility.
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Is EOG Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EOG Resources. If investors know EOG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EOG Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
3.47
Earnings Share
12.65
Revenue Per Share
40.663
Quarterly Revenue Growth
0.047
The market value of EOG Resources is measured differently than its book value, which is the value of EOG that is recorded on the company's balance sheet. Investors also form their own opinion of EOG Resources' value that differs from its market value or its book value, called intrinsic value, which is EOG Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EOG Resources' market value can be influenced by many factors that don't directly affect EOG Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EOG Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if EOG Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EOG Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.