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EOG Resources (EOG Resources) Cyclically Adjusted FCF per Share : $3.67 (As of Dec. 2023)


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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 Dec. 2023 was $2.709. 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 $3.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EOG Resources's average Cyclically Adjusted FCF Growth Rate was 33.00% 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 (2024-04-27), EOG Resources's current stock price is $135.70. EOG Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.67. EOG Resources's Cyclically Adjusted Price-to-FCF of today is 36.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of EOG Resources was 1252.14. The lowest was 30.02. And the median was 60.78.


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 -1.18 -0.26 1.14 2.76 3.67

EOG Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.76 3.14 3.27 3.48 3.67

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 Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.709/129.4194*129.4194
=2.709

Current CPI (Dec. 2023) = 129.4194.

EOG Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.666 99.695 0.865
201406 -0.529 100.560 -0.681
201409 0.407 100.428 0.524
201412 0.189 99.070 0.247
201503 -1.073 99.621 -1.394
201506 -0.692 100.684 -0.889
201509 -0.413 100.392 -0.532
201512 -0.415 99.792 -0.538
201603 -0.515 100.470 -0.663
201606 -0.204 101.688 -0.260
201609 0.193 101.861 0.245
201612 0.112 101.863 0.142
201703 -0.084 102.862 -0.106
201706 0.089 103.349 0.111
201709 -0.229 104.136 -0.285
201712 0.467 104.011 0.581
201803 0.191 105.290 0.235
201806 0.444 106.317 0.540
201809 0.929 106.507 1.129
201812 1.349 105.998 1.647
201903 -0.677 107.251 -0.817
201906 1.936 108.070 2.318
201909 0.982 108.329 1.173
201912 0.757 108.420 0.904
202003 1.545 108.902 1.836
202006 -0.622 108.767 -0.740
202009 1.256 109.815 1.480
202012 0.484 109.897 0.570
202103 1.635 111.754 1.893
202106 0.918 114.631 1.036
202109 2.226 115.734 2.489
202112 3.685 117.630 4.054
202203 -0.309 121.301 -0.330
202206 1.061 125.017 1.098
202209 6.078 125.227 6.282
202212 3.547 125.222 3.666
202303 2.779 127.348 2.824
202306 1.295 128.729 1.302
202309 2.034 129.860 2.027
202312 2.709 129.419 2.709

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


EOG Resources  (NYSE:EOG) 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
=135.70/3.67
=36.98

* 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 30.02. And the median was 60.78.


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 (EOG Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EOG Resources Inc (NYSE:EOG) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2022, it reported net proved reserves of 4.2 billion barrels of oil equivalent. Net production averaged 908 thousand barrels of oil equivalent per day in 2022 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
Executives
Helms Lloyd W Jr officer: EVP, Operations 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Jeffrey R. Leitzell officer: EVP Exploration and Production 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
Michael P Donaldson officer: VP, General Counsel & Corp Sec 1111 BAGBY STREET, 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
Ezra Y Yacob officer: EVP Exploration and Production 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
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