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EOG Resources (LTS:0IDR) Dividend Payout Ratio : 0.32 (As of Sep. 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 Sep. 2024 was 0.32.

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

LTS:0IDR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.16   Max: 3.76
Current: 0.3


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.

LTS:0IDR's Dividend Payout Ratio is ranked better than
75.4% of 443 companies
in the Oil & Gas industry
Industry Median: 0.52 vs LTS:0IDR: 0.30

As of today (2024-12-15), the Dividend Yield % of EOG Resources is 2.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of EOG Resources was 3.87%. The lowest was 0.46%. And the median was 1.30%.

EOG Resources's Dividends per Share for the months ended in Sep. 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 3.76 0.16 0.16 0.27

EOG Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio 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 0.24 0.27 0.33 0.29 0.32

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

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 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 Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.91/ 2.872
=0.32

* 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.


EOG Resources (LTS:0IDR) 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

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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