EOG Resources, Inc. (EOG) vs EQT Corporation (EQT)

EOG Resources, Inc. and EQT Corporation are both Oil & Gas E&P companies. EOG Resources, Inc. is the larger, with a market value of $74.2B against $32.5B — 2.3× the size. EOG Resources, Inc. trades at the lower P/E: 10.9× against 11.7×. EQT Corporation grew revenue faster over the last twelve months: 32.3% against 19.1%. EQT Corporation has the higher net margin (28.4% vs 25.4%) and the lower return on invested capital (7.36% vs 16.0%). Both pay a dividend; EOG Resources, Inc. yields more (4.75% vs 1.69%). Across the 22 metrics below, EOG Resources, Inc. leads on 11 and EQT Corporation on 11.

Valuation

Metric EOG EQT Oil & Gas E&P median
P/E 10.85 11.71 10.57
P/S 2.73 3.34 1.80
P/B 2.32 1.10 1.27
Price to free cash flow 10.90 8.45 9.99
EV/EBITDA 5.59 5.53 5.08
EV/Sales 2.84 3.92 2.39
Earnings yield 9.21% 8.54% 6.06%
Free cash flow yield 9.17% 11.84% 6.17%

Profitability

Metric EOG EQT Oil & Gas E&P median
Gross margin 100.00% 79.26% 80.41%
Operating margin 32.95% 42.47% 21.39%
Net margin 25.44% 28.44% 14.17%
Free cash flow margin 25.06% 39.48% 9.71%
Return on equity 22.51% 10.05% 10.05%
Return on assets 13.61% 6.70% 5.81%
Return on invested capital 15.96% 7.36% 6.32%

Growth

Metric EOG EQT Oil & Gas E&P median
Revenue growth (TTM) 19.07% 32.32% 9.94%
EPS growth (last fiscal year) (18.93%) 635.56% —
Revenue growth, 5-year CAGR 15.46% 23.09% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EOG EQT Oil & Gas E&P median
Debt to equity 0.25 0.20 0.28
Current ratio 1.85 0.67 0.96
Net debt to EBITDA 0.42 1.31 0.91

Dividend

Metric EOG EQT Oil & Gas E&P median
Dividend yield 4.75% 1.69% 4.93%
Payout ratio 0.21 0.07 0.07

Size

Metric EOG EQT Oil & Gas E&P median
Market cap 74.17b 32.45b 923.59m

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