EOG vs FANG vs MPC Stock Comparison

Eog Resources, Diamondback Energy and Marathon Petroleum Prices as of Nov 5, 2026 Peers: Industry group
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EOG Eog Resources Inc
$144.80 +0.4% 1M +37.7% 1Y
Market cap
$76.55B
P/E
9.4x
Revenue (TTM)
$29.73B
Div. yield
0.03%
Oil and Gas Exploration and Production Energy
6 wins
FANG Diamondback Energy, Inc.
$179.58 -2.9% 1M +30.8% 1Y
Market cap
$50.12B
P/E
24.4x
Revenue (TTM)
$18.61B
Div. yield
–
Oil and Gas Exploration and Production Energy
MPC Marathon Petroleum Corp
$377.51 -12.7% 1M +102.8% 1Y
Market cap
$103.92B
P/E
7.1x
Revenue (TTM)
$176.81B
Div. yield
0.01%
Oil Refining Energy
6 wins

Head to Head

12 decided of 12

Marathon Petroleum leads on 6 of the 12 questions below (Marathon Petroleum 6, Eog Resources 6). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEOGFANGMPCLeader
Larger companyMarket capitalisation $76.55B $50.12B $103.92B MPC
Cheaper on earningsLower P/E, profitable companies only 9.4x 24.4x 7.1x MPC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.6x 8.1x 5.5x MPC
Faster revenue growthRevenue growth, trailing twelve months +31.7% +21.1% +30.7% EOG
More profitableNet margin, trailing twelve months 27.5% 11.0% 8.3% EOG
Better return on capitalReturn on invested capital 20.5% 3.3% 28.3% MPC
Less leveragedLower net debt / EBITDA 0.1x 1.7x 0.8x EOG
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.01% EOG
Better 1-year returnPrice return, last 12 months +37.7% +30.8% +102.8% MPC
Better 5-year returnAnnualised price return, 5 years +8.8%/yr +9.6%/yr +41.9%/yr MPC
Less volatileAnnualised volatility, 1 year 29.7% 33.2% 37.8% EOG
Higher overall scoreMean of the five percentile scores vs peers 73/100 51/100 68/100 EOG

Percentile Scorecard

EOGFANGMPC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEOGFANGMPC
Valuation 50 #50 of 98 44 #55 of 98 50 #12 of 23
Growth 82 #18 of 97 54 #45 of 97 78 #5 of 19
Profitability 98 #3 of 94 50 #48 of 94 89 #3 of 19
Financial Health 89 #12 of 101 46 #55 of 101 54 #12 of 25
Shareholder Returns 46 #43 of 79 60 #32 of 79 67 #7 of 19
Overall 73 51 68
  • EOG ranked among 103 companies in Oil and Gas Upstream
  • FANG ranked among 103 companies in Oil and Gas Upstream
  • MPC ranked among 25 companies in Refining and Marketing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEOGFANGMPCSPY
1 month +0.4%-2.9%-12.7% -5.9%
3 months +6.3%-5.3%+26.2% -4.6%
6 months +10.6%-5.7%+55.8% +0.2%
Year to date +37.9%+19.5%+132.1% +7.5%
1 year +37.7%+30.8%+102.8% +8.2%
3 years +14.5%+12.1%+151.8% +68.3%
3 years, per year +4.6%+3.9%+36.1% +19.0%
5 years +52.2%+57.8%+473.6% +56.5%
5 years, per year +8.8%+9.6%+41.9% +9.4%
10 years +57.7%+95.9%+815.6% +251.5%
10 years, per year +4.7%+7.0%+24.8% +13.4%

Risk

MeasureEOGFANGMPCSPY
Volatility, 1Y 29.7%33.2%37.8% 13.6%
Downside volatility, 1Y 31.4%33.0%38.1% 14.2%
Beta vs S&P 500, 1Y -0.67-0.50-0.26 1.00
Return / volatility, 1Y 1.270.932.72 0.60
Max drawdown, 5Y -34.8%-43.5%-45.9% -25.4%
From 52-week high -12.6%-16.0%-22.2% -5.9%
52-week high $165.71$213.69$485.05 $779.14
52-week low $101.78$137.29$162.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEOGFANGMPC
P/E now vs peer median 9.2xmedian 10.1x 24.5xmedian 10.1x 7.2xmedian 8.0x
P/S now vs peer median 2.5xmedian 1.7x 2.7xmedian 1.7x 0.6xmedian 0.3x
EV/EBITDA now vs peer median 4.9xmedian 5.1x 8.2xmedian 5.1x 4.9xmedian 4.9x
P/FCF now vs peer median 10.6xmedian 8.9x 12.5xmedian 8.9x 4.9xmedian 4.9x
P/B now vs peer median 2.3xmedian 1.3x 1.1xmedian 1.3x 3.4xmedian 1.6x
PEG now vs peer median 1.81median 0.94 -0.96median 0.94 0.34median 0.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEOGFANGMPC
Revenue $29.73B $18.61B $176.81B
Gross profit – – $29.83B
Operating income $10.66B $2.35B $21.87B
Net income $8.19B $2.32B $16.25B
Free cash flow $7.11B $4.03B $20.84B
R&D $196.00M – –
EPS (diluted) $15.68 $7.33 $52.25
Cash & equivalents $5.75B $558.00M $12.81B
Total debt $7.92B $13.23B $33.49B
Shares (diluted) 522.00M 279.96M 280.00M
Enterprise value $58.65B $48.82B $76.72B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEOGFANGMPC
P/E 9.2x 24.5x 7.2x
P/FCF 10.6x 12.5x 4.9x
P/Operating cash flow 5.3x 4.8x 4.1x
P/S 2.5x 2.7x 0.6x
P/B 2.3x 1.1x 3.4x
P/Tangible book 2.3x 1.1x 3.8x
EV/EBITDA 4.9x 8.2x 4.9x
EV/EBIT 7.3x 26.8x 5.6x
EV/Revenue 2.6x 3.4x 0.7x
EV/FCF 10.9x 15.6x 5.9x
EV/Operating cash flow 5.5x 6.1x 4.9x
PEG (3Y EPS CAGR) 1.81 -0.96 0.34

Growth

14 metrics
MetricEOGFANGMPC
Revenue growth (1Y) 31.7% 21.1% 30.7%
Revenue CAGR (3Y) 6.6% 31.3% 4.8%
Gross profit growth (1Y) – – 111.2%
Gross profit CAGR (3Y) – – 7.5%
Operating income growth (1Y) 51.5% -57.0% 224.6%
Operating income CAGR (3Y) 2.3% -20.2% 9.1%
Net income growth (1Y) 48.0% -49.6% 246.8%
Net income CAGR (3Y) 1.3% -11.5% 7.9%
EPS growth (1Y) 54.3% -49.5% 451.0%
EPS CAGR (3Y) 5.1% -25.7% 21.4%
Operating cash flow growth (1Y) 37.9% 18.3% 241.6%
Operating cash flow CAGR (3Y) 6.4% 21.8% 13.4%
Free cash flow growth (1Y) 89.9% 467.9% 387.4%
Free cash flow CAGR (3Y) 8.8% 64.9% 11.0%

Profitability

14 metrics
MetricEOGFANGMPC
Gross margin – – 16.9%
EBITDA margin 52.6% 40.9% 14.3%
Operating margin 35.8% 12.6% 12.4%
Pretax margin 35.4% 14.8% 11.6%
Net margin 27.5% 11.0% 8.3%
FCF margin 23.9% 21.6% 11.8%
Operating cash flow margin 47.3% 55.7% 14.3%
Return on equity 25.2% 4.9% 58.5%
Return on assets 14.7% 3.1% 16.5%
Return on invested capital 20.5% 3.3% 28.3%
Return on capital employed 21.4% 3.6% 31.5%
Asset turnover 0.5x 0.3x 1.8x
Cash conversion (OCF / net income) 1.7x 4.5x 1.6x
Stock comp / revenue 0.8% – –

Financial Health

11 metrics
MetricEOGFANGMPC
Debt / assets 14.0% 18.3% 32.7%
Debt / equity 0.2x 0.3x 1.1x
Net debt / EBITDA 0.1x 1.7x 0.8x
Debt / FCF 1.1x 3.3x 1.6x
Liabilities / assets 41.4% 37.4% 70.9%
Equity / assets 58.6% 62.6% 29.1%
Interest coverage 40.1x – 16.3x
Current ratio 1.9x 0.5x 1.4x
Quick ratio 1.6x 0.5x 1.1x
Cash ratio 1.0x 0.1x 0.5x
Altman Z-score 4.07 1.58 4.14

Shareholder Returns

7 metrics
MetricEOGFANGMPC
Dividend yield 2.8% 2.4% 1.1%
Net buyback yield 4.6% 2.7% 7.1%
Shareholder yield 7.4% 5.1% 8.1%
Payout ratio (earnings) 26.6% – 7.2%
Payout ratio (FCF) 30.6% – 5.6%
Dividend growth (1Y) 2.7% – 2.8%
Dividend CAGR (3Y) -13.5% – -3.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEOGFANGMPC
Forward P/E 8.6xFY2026 8.1xFY2026 5.5xFY2026
EPS, next fiscal year $16.78FY2026 $22.08FY2026 $68.65FY2026
EPS growth, next FY +65.2%FY2026 +65.1%FY2026 +541.6%FY2026
EPS growth, the year after -6.6% -6.3% -11.2%
Revenue, next fiscal year $29.71BFY2026 $18.84BFY2026 $191.50BFY2026
Revenue growth, next FY +31.3%FY2026 +40.1%FY2026 +41.6%FY2026
Revenue growth, the year after -5.6% -8.0% -8.6%
EOG estimates →FANG estimates →MPC estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEOGFANGMPC
Held by institutions 95.8% 71.6% 75.7%
Institutions holding 1,632 1,192 1,934
Change in shares held, QoQ -0.6% +8.6% -0.3%
Institutions buying 839 609 856
Institutions selling 580 396 702
Buyers to sellers 1.45 1.54 1.22
EOG holders →FANG holders →MPC holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EOGFANGMPC
EOG 1.00 0.83 0.57
FANG 0.83 1.00 0.49
MPC 0.57 0.49 1.00

Add a Peer

Largest companies in the same industry
EOG · Oil and Gas Exploration and Production
+COPConocophillips +CNQCanadian Natural Resources +DVNDevon Energy +EXEExpand Energy +PRPermian Resources +OVVOvintiv +APAApa +RRCRange Resources
Plot all 83 Oil and Gas Exploration and Production stocks → Plot all 18 Oil Refining stocks →

Related Comparisons

EOG vs COPConocophillips EOG vs CNQCanadian Natural Resources EOG vs DVNDevon Energy EOG vs EXEExpand Energy

Frequently Asked Questions

Which is bigger, EOG, FANG and MPC?

Marathon Petroleum (MPC) is the largest by market capitalisation: Eog Resources (EOG) $76.55B, Diamondback Energy (FANG) $50.12B, Marathon Petroleum (MPC) $103.92B.

Which stock is cheaper, EOG, FANG and MPC?

Marathon Petroleum (MPC) trades on the lowest price-to-earnings ratio (Eog Resources (EOG) 9.4x, Diamondback Energy (FANG) 24.4x, Marathon Petroleum (MPC) 7.1x). On next year's consensus earnings, Marathon Petroleum (MPC) is cheapest (Eog Resources (EOG) 8.6x, Diamondback Energy (FANG) 8.1x, Marathon Petroleum (MPC) 5.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Eog Resources (EOG) grew revenue fastest over the trailing twelve months: Eog Resources (EOG) +31.7%, Diamondback Energy (FANG) +21.1%, Marathon Petroleum (MPC) +30.7%.

Which company is more profitable?

Eog Resources (EOG) has the highest net margin (Eog Resources (EOG) 27.5%, Diamondback Energy (FANG) 11.0%, Marathon Petroleum (MPC) 8.3%). On return on invested capital, Marathon Petroleum (MPC) leads (Eog Resources (EOG) 20.5%, Diamondback Energy (FANG) 3.3%, Marathon Petroleum (MPC) 28.3%).

Which stock has performed better?

Over the past year Marathon Petroleum (MPC) returned the most: Eog Resources (EOG) +37.7%, Diamondback Energy (FANG) +30.8%, Marathon Petroleum (MPC) +102.8%. Over five years, Marathon Petroleum (MPC) compounded fastest (Eog Resources (EOG) +8.8%/yr, Diamondback Energy (FANG) +9.6%/yr, Marathon Petroleum (MPC) +41.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Eog Resources (EOG) has the highest dividend yield: Eog Resources (EOG) 0.03%, Diamondback Energy (FANG) 0.00%, Marathon Petroleum (MPC) 0.01%. Diamondback Energy (FANG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Eog Resources (EOG) has been the steadiest (Eog Resources (EOG) 29.7%, Diamondback Energy (FANG) 33.2%, Marathon Petroleum (MPC) 37.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EOG, FANG and MPC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Marathon Petroleum (MPC) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.