EOG Resources: An Undervalued Energy Stock For Long-Term Dividend Growth Investors
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Jason FieberInvesting GroupFollow5ShareSavePlay(20min)CommentsSummaryEOG Resources is an American energy company that engages in hydrocarbon exploration and production.To date, EOG Resources has increased its dividend for eight consecutive years.EOG has a stellar financial position. The long-term debt/equity ratio is 0.1, while the interest coverage ratio is over 50.EOG's P/E ratio is now sitting at 10.9. That’s less than half that of the broader market’s earnings multiple. JHVEPhoto/iStock Editorial via Getty Images EOG Resources Inc. (EOG) is an American energy company that engages in hydrocarbon exploration and production. Founded in 1999, EOG Resources is now a $61 billion (by market cap) O&G enterprise that employs approximately 3,000 people. EOG Resources primarily operatesThis article was written byJason Fieber4.06K FollowersFollowFounder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey to financial independence back in 2011. By living well below my means and intelligently investing my hard-earned capital, I went from below broke at age 27 to financially free at 33 years old. I regularly create content on dividend growth investing, living off of dividends, undervalued high-quality dividend growth stocks, high-yield situations, and other long-term investment opportunities.