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EOG Resources (EOG) Financial Forecast Calculator

Interactive 5-year forecast and DCF for EOG Resources. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from EOG Resources’s most recent SEC filings.

Revenue FY30
$36.56B
from $24.19B
FCF FY30
$17.47B
Margin 47.8%
Enterprise value
$237.78B
9.8× LTM revenue
Equity value
$240.12B
Net debt -$2.34B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
8.6%
-10.0%baseline 8.6%40.0%
Gross margin
45.0%
5.0%baseline 45.0%90.0%
Capex % of revenue
3.2%
0.0%baseline 3.2%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the EOG Resources forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What does EOG Resources do, and where does it operate?+

EOG Resources is one of the largest independent crude oil and natural gas exploration and production (E&P) companies in the United States. It focuses on high-return, low-cost wells primarily in the Delaware Basin, Eagle Ford, and Bakken, with operations also in Trinidad and other international areas.

How does EOG Resources generate its revenue?+

EOG Resources generates revenue primarily from the sale of crude oil and condensate, natural gas liquids (NGLs), and natural gas. Revenue for each commodity is driven by the volume produced and the realized market price per barrel or per thousand cubic feet.

What is EOG Resources' capital expenditure strategy?+

EOG Resources guides capital expenditure between $6.3 billion and $6.7 billion for 2026, with approximately 70% allocated to maintenance and 30% to growth. While historically an organic grower, the company recently made a significant $4.48 billion acquisition of Encino Acquisition Partners.

What are the key assumptions for EOG Resources' financial model regarding growth and costs?+

The financial model assumes a revenue growth rate of approximately 8.6% and projects COGS as 55% of revenue. Selling, General, and Administrative (SGA) expenses are modeled at about 3% of revenue, with depreciation and amortization at 20% of revenue.

What is the purpose of the EOG Resources financial model, and what is its forecast horizon?+

The EOG Resources financial model provides a comprehensive equity valuation and free cash flow forecast. Its main purpose is to assess whether the company's premium drilling strategy and recent acquisition justify its current market valuation, with a forecast horizon from FY2026 to FY2030.

Can I download an Excel financial model for EOG Resources?+

Yes, an Excel financial model for EOG Resources is available for download. This model offers detailed forecasts and assumptions for the company's financial performance, including revenue drivers and cost structures.

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