Oil & Gas Exploration & Production
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EOG vs APA
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Exploration & Production
EOG vs APA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production |
| Market Cap | $69.72B | $12.81B |
| Revenue (TTM) | $23.48B | $8.61B |
| Net Income (TTM) | $5.50B | $1.53B |
| Gross Margin | 71.3% | 53.9% |
| Operating Margin | 36.9% | 34.6% |
| Forward P/E | 9.1x | 6.6x |
| Total Debt | $8.41B | $4.81B |
| Cash & Equiv. | $3.40B | $516M |
EOG vs APA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| EOG Resources, Inc. (EOG) | 100 | 256.8 | +156.8% |
| APA Corporation (APA) | 100 | 335.9 | +235.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: EOG vs APA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
EOG carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta -0.07, yield 3.1%
- Rev growth -3.5%, EPS growth -19.0%, 3Y rev CAGR -8.5%
- 108.2% 10Y total return vs APA's -15.0%
APA is the clearest fit if your priority is value and momentum.
- Lower P/E (6.6x vs 9.1x)
- +140.6% vs EOG's +25.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -3.5% revenue growth vs APA's -8.4% | |
| Value | Lower P/E (6.6x vs 9.1x) | |
| Quality / Margins | 23.4% margin vs APA's 17.8% | |
| Stability / Safety | Lower D/E ratio (28.2% vs 68.7%) | |
| Dividends | 3.1% yield, 1-year raise streak, vs APA's 2.8% | |
| Momentum (1Y) | +140.6% vs EOG's +25.0% | |
| Efficiency (ROA) | 10.8% ROA vs APA's 8.4%, ROIC 19.1% vs 17.8% |
EOG vs APA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
EOG vs APA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
EOG leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
EOG is the larger business by revenue, generating $23.5B annually — 2.7x APA's $8.6B. EOG is the more profitable business, keeping 23.4% of every revenue dollar as net income compared to APA's 17.8%. On growth, EOG holds the edge at +15.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $23.5B | $8.6B |
| EBITDAEarnings before interest/tax | $13.6B | $5.3B |
| Net IncomeAfter-tax profit | $5.5B | $1.5B |
| Free Cash FlowCash after capex | $4.2B | $1.5B |
| Gross MarginGross profit ÷ Revenue | +71.3% | +53.9% |
| Operating MarginEBIT ÷ Revenue | +36.9% | +34.6% |
| Net MarginNet income ÷ Revenue | +23.4% | +17.8% |
| FCF MarginFCF ÷ Revenue | +18.0% | +17.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +15.7% | -11.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +39.6% | +32.6% |
Valuation Metrics
APA leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 9.1x trailing earnings, APA trades at a 37% valuation discount to EOG's 14.4x P/E. On an enterprise value basis, APA's 3.2x EV/EBITDA is more attractive than EOG's 5.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $69.7B | $12.8B |
| Enterprise ValueMkt cap + debt − cash | $74.7B | $17.1B |
| Trailing P/EPrice ÷ TTM EPS | 14.37x | 9.08x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.12x | 6.58x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 5.90x | 3.24x |
| Price / SalesMarket cap ÷ Revenue | 3.09x | 1.44x |
| Price / BookPrice ÷ Book value/share | 2.37x | 1.86x |
| Price / FCFMarket cap ÷ FCF | 17.74x | 7.20x |
Profitability & Efficiency
EOG leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
APA delivers a 21.8% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $18 for EOG. EOG carries lower financial leverage with a 0.28x debt-to-equity ratio, signaling a more conservative balance sheet compared to APA's 0.69x. On the Piotroski fundamental quality scale (0–9), APA scores 5/9 vs EOG's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +18.3% | +21.8% |
| ROA (TTM)Return on assets | +10.8% | +8.4% |
| ROICReturn on invested capital | +19.1% | +17.8% |
| ROCEReturn on capital employed | +17.6% | +16.7% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.28x | 0.69x |
| Net DebtTotal debt minus cash | $5.0B | $4.3B |
| Cash & Equiv.Liquid assets | $3.4B | $516M |
| Total DebtShort + long-term debt | $8.4B | $4.8B |
| Interest CoverageEBIT ÷ Interest expense | 30.26x | 14.22x |
Total Returns (Dividends Reinvested)
EOG leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EOG five years ago would be worth $19,105 today (with dividends reinvested), compared to $18,737 for APA. Over the past 12 months, APA leads with a +140.6% total return vs EOG's +25.0%. The 3-year compound annual growth rate (CAGR) favors EOG at 7.9% vs APA's 5.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +23.9% | +44.9% |
| 1-Year ReturnPast 12 months | +25.0% | +140.6% |
| 3-Year ReturnCumulative with dividends | +25.6% | +18.6% |
| 5-Year ReturnCumulative with dividends | +91.1% | +87.4% |
| 10-Year ReturnCumulative with dividends | +108.2% | -15.0% |
| CAGR (3Y)Annualised 3-year return | +7.9% | +5.9% |
Risk & Volatility
EOG leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
EOG is the less volatile stock with a -0.07 beta — it tends to amplify market swings less than APA's -0.02 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EOG currently trades 86.2% from its 52-week high vs APA's 79.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.07x | -0.02x |
| 52-Week HighHighest price in past year | $151.87 | $45.66 |
| 52-Week LowLowest price in past year | $101.59 | $15.20 |
| % of 52W HighCurrent price vs 52-week peak | +86.2% | +79.4% |
| RSI (14)Momentum oscillator 0–100 | 47.1 | 48.3 |
| Avg Volume (50D)Average daily shares traded | 4.8M | 9.1M |
Analyst Outlook
Evenly matched — EOG and APA each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates EOG as "Buy" and APA as "Hold". Consensus price targets imply 5.4% upside for EOG (target: $138) vs -10.4% for APA (target: $32). For income investors, EOG offers the higher dividend yield at 3.06% vs APA's 2.77%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $137.93 | $32.46 |
| # AnalystsCovering analysts | 66 | 51 |
| Dividend YieldAnnual dividend ÷ price | +3.1% | +2.8% |
| Dividend StreakConsecutive years of raises | 1 | 4 |
| Dividend / ShareAnnual DPS | $4.01 | $1.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +3.7% | +2.2% |
EOG leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). APA leads in 1 (Valuation Metrics). 1 tied.
EOG vs APA: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is EOG or APA a better buy right now?
For growth investors, EOG Resources, Inc.
(EOG) is the stronger pick with -3. 5% revenue growth year-over-year, versus -8. 4% for APA Corporation (APA). APA Corporation (APA) offers the better valuation at 9. 1x trailing P/E (6. 6x forward), making it the more compelling value choice. Analysts rate EOG Resources, Inc. (EOG) a "Buy" — based on 66 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — EOG or APA?
On trailing P/E, APA Corporation (APA) is the cheapest at 9.
1x versus EOG Resources, Inc. at 14. 4x. On forward P/E, APA Corporation is actually cheaper at 6. 6x.
03Which is the better long-term investment — EOG or APA?
Over the past 5 years, EOG Resources, Inc.
(EOG) delivered a total return of +91. 1%, compared to +87. 4% for APA Corporation (APA). Over 10 years, the gap is even starker: EOG returned +108. 2% versus APA's -15. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — EOG or APA?
By beta (market sensitivity over 5 years), EOG Resources, Inc.
(EOG) is the lower-risk stock at -0. 07β versus APA Corporation's -0. 02β — meaning APA is approximately -72% more volatile than EOG relative to the S&P 500. On balance sheet safety, EOG Resources, Inc. (EOG) carries a lower debt/equity ratio of 28% versus 69% for APA Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — EOG or APA?
By revenue growth (latest reported year), EOG Resources, Inc.
(EOG) is pulling ahead at -3. 5% versus -8. 4% for APA Corporation (APA). On earnings-per-share growth, the picture is similar: APA Corporation grew EPS 75. 0% year-over-year, compared to -19. 0% for EOG Resources, Inc.. Over a 3-year CAGR, APA leads at -7. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — EOG or APA?
EOG Resources, Inc.
(EOG) is the more profitable company, earning 22. 1% net margin versus 16. 1% for APA Corporation — meaning it keeps 22. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EOG leads at 35. 1% versus 30. 8% for APA. At the gross margin level — before operating expenses — EOG leads at 68. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is EOG or APA more undervalued right now?
On forward earnings alone, APA Corporation (APA) trades at 6.
6x forward P/E versus 9. 1x for EOG Resources, Inc. — 2. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for EOG: 5. 4% to $137. 93.
08Which pays a better dividend — EOG or APA?
All stocks in this comparison pay dividends.
EOG Resources, Inc. (EOG) offers the highest yield at 3. 1%, versus 2. 8% for APA Corporation (APA).
09Is EOG or APA better for a retirement portfolio?
For long-horizon retirement investors, EOG Resources, Inc.
(EOG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 07), 3. 1% yield, +108. 2% 10Y return). Both have compounded well over 10 years (EOG: +108. 2%, APA: -15. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between EOG and APA?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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