EOG Resources vs Diamondback Energy
EOG Resources is the larger business, with $22.63bn of revenue in fiscal 2025 against $15.03bn for Diamondback Energy (1.5 times as much). Diamondback Energy grew faster (35.8% against -4.5%). EOG Resources kept more of each dollar of sales as profit: a net margin of 22.0% against 11.1%.
| Latest fiscal year | EOG ResourcesEOG, 2025 | Diamondback EnergyFANG, 2025 |
|---|---|---|
| Revenue | $22.63bn | $15.03bn |
| Revenue growth | -4.5% | 35.8% |
| Net income | $4.98bn | $1.66bn |
| Operating margin | 28.2% | — |
| Net margin | 22.0% | 11.1% |
| Return on equity | 16.8% | 4.5% |
| Free cash flow | $3.93bn | $2.82bn |
| Cash | $3.40bn | $104m |
| Total debt | $7.94bn | $14.49bn |
| Debt to equity | 26.6% | — |
| Dividend per share | $3.99 | $4.00 |
| Dividend yield | 2.6% | 2.1% |
| Share buybacks | $2.56bn | — |
| Employees | — | 1,983 |
| Market value | $82.05bn | $54.23bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 86 (Strong) | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 12 sales | 0 buys, 97 sales |