EOG Resources (EOG) vs Diamondback Energy (FANG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
EOG Resources (EOG) has outperformed Diamondback Energy (FANG) over the past year, gaining 34.4% versus a gain of 28.6%. Over five years, FANG leads with a +77.0% price change compared with +65.7% for EOG. EOG Resources is the larger company by market cap ($77.82 billion vs $53.79 billion), about 1.4 times the size, while Diamondback Energy is growing revenue faster (+35.8% vs -4.5%).
On valuation, EOG Resources trades at a lower forward P/E (9.6x vs 10.2x for Diamondback Energy). EOG Resources offers the higher dividend yield (2.75% vs 2.21%). EOG Resources converts more of its revenue into profit, with a net margin of 22.0% versus 11.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EOG | FANG |
|---|---|---|
| Share price | $148.37 | $192.10 |
| Market cap | $77.82B | $53.79B |
| 1-day change | -0.10% | +0.22% |
| YTD return | +41.42% | +27.51% |
| 1-year return | +34.40% | +28.58% |
| 5-year return | +65.71% | +77.02% |
| P/E ratio (TTM) | 11.55 | 36.59 |
| Forward P/E | 9.63 | 10.25 |
| EPS (TTM) | $12.85 | $5.25 |
| Dividend yield | 2.75% | 2.21% |
| Annual dividend | $4.08 | $4.25 |
| Revenue (latest FY) | $22.63B | $15.03B |
| Revenue growth (YoY) | -4.50% | +35.79% |
| Net income (latest FY) | $4.98B | $1.66B |
| Operating margin | 28.21% | 8.43% |
| Net margin | 22.00% | 11.07% |
| 52-week high | $154.16 | $216.90 |
| 52-week low | $101.59 | $137.03 |
| Distance from 52-week high | -3.76% | -11.43% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +10.54% | +22.16% |
| Average volume | 3.03M | 2.35M |
| Shares outstanding | 524.53M | 280.02M |
| Employees | 3,400 | 1,762 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Diamondback Energy trades at a higher earnings multiple (36.6x vs 11.5x trailing P/E).
- EOG Resources is more profitable, keeping 22.0 cents of every revenue dollar as net income versus 11.1 cents for Diamondback Energy.
- Diamondback Energy grew revenue faster in its latest fiscal year (+35.79% vs -4.50%).
About EOG Resources
EOG stock →EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing.
Energy · Oil & Gas Production · 3,400 employees
About Diamondback Energy
FANG stock →Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico.
Energy · Oil & Gas Production · 1,762 employees
EOG vs FANG FAQ
Which is bigger, EOG Resources or Diamondback Energy?
EOG Resources (EOG) is larger, with a market capitalization of $77.82B compared with $53.79B for Diamondback Energy (FANG).
Which stock has performed better over the past year, EOG or FANG?
EOG returned +34.40% over the past 12 months, compared with +28.58% for FANG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EOG or FANG?
EOG has the lower trailing P/E at 11.5, versus 36.6 for FANG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, EOG Resources or Diamondback Energy?
EOG Resources has the higher yield at 2.75%, compared with 2.21% for Diamondback Energy.
Are EOG Resources and Diamondback Energy in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.