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EOG Resources (FRA:EO5) Cyclically Adjusted FCF per Share : €3.95 (As of Sep. 2024)


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What is EOG Resources Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

EOG Resources's adjusted free cash flow per share for the three months ended in Sep. 2024 was €3.309. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €3.95 for the trailing ten years ended in Sep. 2024.

During the past 12 months, EOG Resources's average Cyclically Adjusted FCF Growth Rate was 28.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of EOG Resources was 49.10% per year. The lowest was -202.20% per year. And the median was -6.60% per year.

As of today (2024-12-13), EOG Resources's current stock price is €121.02. EOG Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €3.95. EOG Resources's Cyclically Adjusted Price-to-FCF of today is 30.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of EOG Resources was 1252.14. The lowest was 27.03. And the median was 45.67.


EOG Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for EOG Resources's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

EOG Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.04 -0.21 1.01 2.56 3.31

EOG Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.29 3.31 3.54 3.86 3.95

Competitive Comparison of EOG Resources's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, EOG Resources's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EOG Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where EOG Resources's Cyclically Adjusted Price-to-FCF falls into.



EOG Resources Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, EOG Resources's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3.309/133.0289*133.0289
=3.309

Current CPI (Sep. 2024) = 133.0289.

EOG Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.153 99.070 0.205
201503 -0.992 99.621 -1.325
201506 -0.617 100.684 -0.815
201509 -0.368 100.392 -0.488
201512 -0.381 99.792 -0.508
201603 -0.463 100.470 -0.613
201606 -0.182 101.688 -0.238
201609 0.172 101.861 0.225
201612 0.106 101.863 0.138
201703 -0.078 102.862 -0.101
201706 0.079 103.349 0.102
201709 -0.192 104.136 -0.245
201712 0.395 104.011 0.505
201803 0.155 105.290 0.196
201806 0.380 106.317 0.475
201809 0.796 106.507 0.994
201812 1.186 105.998 1.488
201903 -0.599 107.251 -0.743
201906 1.714 108.070 2.110
201909 0.892 108.329 1.095
201912 0.681 108.420 0.836
202003 1.398 108.902 1.708
202006 -0.552 108.767 -0.675
202009 1.066 109.815 1.291
202012 0.398 109.897 0.482
202103 1.373 111.754 1.634
202106 0.762 114.631 0.884
202109 1.892 115.734 2.175
202112 3.261 117.630 3.688
202203 -0.280 121.301 -0.307
202206 1.004 125.017 1.068
202209 6.139 125.227 6.521
202212 3.348 125.222 3.557
202303 2.595 127.348 2.711
202306 1.195 128.729 1.235
202309 1.906 129.860 1.953
202312 2.484 129.419 2.553
202403 1.703 131.776 1.719
202406 1.980 132.554 1.987
202409 3.309 133.029 3.309

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


EOG Resources  (FRA:EO5) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

EOG Resources's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=121.02/3.95
=30.64

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of EOG Resources was 1252.14. The lowest was 27.03. And the median was 45.67.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


EOG Resources Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of EOG Resources's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


EOG Resources Business Description

Industry
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Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
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.

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