EOG (EOG Resources) Dividend Payout Ratio : 0.29 (As of Jun. 2024)

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What is EOG Resources Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. EOG Resources's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.29.

The historical rank and industry rank for EOG Resources's Dividend Payout Ratio or its related term are showing as below:

EOG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 3.76
Current: 0.28

During the past 13 years, the highest Dividend Payout Ratio of EOG Resources was 3.76. The lowest was 0.11. And the median was 0.16.

EOG's Dividend Payout Ratio is ranked better than
71.68% of 452 companies
in the Oil & Gas industry
Industry Median: 0.46 vs EOG: 0.28

As of today (2024-10-08), the Dividend Yield % of EOG Resources is 2.72%.

During the past 13 years, the highest Trailing Annual Dividend Yield of EOG Resources was 3.87%. The lowest was 0.43%. And the median was 1.18%.

EOG Resources's Dividends per Share for the months ended in Jun. 2024 was $0.91.

During the past 12 months, EOG Resources's average Dividends Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 35.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of EOG Resources was 45.90% per year. The lowest was 4.00% per year. And the median was 14.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

EOG Resources Dividend Payout Ratio Historical Data

The historical data trend for EOG Resources's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EOG Resources Dividend Payout Ratio Chart

EOG Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.20

3.76

0.16

0.27

EOG Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.32	0.24	0.27	0.33	0.29

Competitive Comparison of EOG Resources's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, EOG Resources's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

EOG Resources's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EOG Resources's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where EOG Resources's Dividend Payout Ratio falls into.

EOG Resources Dividend Payout Ratio Calculation

EOG Resources's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.3	/	12.046
	=	0.27

EOG Resources's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.91	/	3.097
	=	0.29

EOG Resources (NYSE:EOG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

EOG Resources Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of EOG Resources's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

EOG Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EOG Resources Inc (NYSE:EOG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

EOG:Mexico 0IDR:UK EO5:Germany EO5:Germany EOGR:Austria

Address

1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002

Website

https://www.eogresources.com

EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2023, it reported net proven reserves of 4.5 billion barrels of oil equivalent. Net production averaged roughly 985,000 barrels of oil equivalent per day in 2023 at a ratio of 71% oil and natural gas liquids and 29% natural gas.

Executives

Michael P Donaldson	officer: VP, General Counsel & Corp Sec	1111 BAGBY STREET, SKY LOBBY 2, HOUSTON TX 77002
Charles R Crisp	director	1301 MCKINNEY STE 700, HOUSTON TX 77010
Jeffrey R. Leitzell	officer: EVP Exploration and Production	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Ezra Y Yacob	officer: EVP Exploration and Production	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Helms Lloyd W Jr	officer: EVP, Operations	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Lynn A Dugle	director	4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Michael T. Kerr	director	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Kenneth W. Boedeker	officer: EVP Exploration and Production	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Timothy K Driggers	officer: VP Accounting & Land Admin
Ann D. Janssen	officer: VP, Accounting	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Donald F Textor	director	P O BOX 4362, HOUSTON TX 772104362
Frank G Wisner	director	P O BOX 4362, HOUSTON TX 7721042362
Julie J Robertson	director	13135 S DAIRY ASHFORD, STE 800, SUGAR LAND TX 77478
David W Trice	officer: EVP, Exploration & Production	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
William R. Thomas	officer: Sr. Executive VP, Exploitation	1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002