Discounted Cash Flow

EOG Resources Inc.

EOG · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $7.7b $-1.1b $2.3b -14.3% $-1.98
2017 $11.2b (46.5%) $2.6b (335.5%) $4.1b (80.6%) 23.0% (260.7%) $4.49 (326.8%)
2018 $17.3b (54.1%) $3.4b (32.4%) $7.5b (84.1%) 19.8% (-14.1%) $5.93 (32.1%)
2019 $17.4b (0.6%) $2.7b (-20.0%) $7.9b (4.8%) 15.7% (-20.5%) $4.73 (-20.2%)
2020 $11.0b (-36.5%) $-604.6m (-122.1%) $4.8b (-39.4%) -5.5% (-134.8%) $-1.04 (-122.0%)
2021 $18.6b (69.0%) $4.7b (871.5%) $8.6b (79.2%) 25.0% (556.5%) $8.03 (872.1%)
2022 $25.7b (37.9%) $7.8b (66.4%) $10.7b (24.9%) 30.2% (20.7%) $13.31 (65.8%)
2023 $24.2b (-5.9%) $7.6b (-2.1%) $10.5b (-1.6%) 31.4% (4.0%) $13.07 (-1.8%)
2024 $23.7b (-2.0%) $6.4b (-15.7%) $11.1b (5.5%) 27.0% (-13.9%) $11.31 (-13.5%)
2025 $22.6b (-4.5%) $5.0b (-22.2%) $9.6b (-14.0%) 22.0% (-18.6%) $9.17 (-18.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model