CVX vs EOG: Which Is the Better Dividend Stock?
As of July 2026, CVX and EOG are closely matched. CVX offers the higher yield at 3.80%, CVX has the higher dividend-safety score, and EOG trades at the larger discount to fair value (+28%).
| Metric | CVX | EOG |
|---|---|---|
| Forward yield | 3.80% | 2.92% |
| Annual dividend | $7.12 | $4.08 |
| Payout ratio | 120% | 39% |
| Years of growth | 38 yr | 2 yr |
| 5-yr dividend growth | 5.8% | 22.8% |
| 5-yr total return | 94% | 107% |
| Dividend safety score | 86 (A) | 65 (C) |
| Fair value estimate | $154.80 | $178.72 |
| Upside to fair value | -17% | +28% |
| Frequency | quarterly | quarterly |
| Market cap | $377.8B | $75.1B |
| P/E ratio | 32.7 | 13.8 |
Higher yield
CVX
3.80%
Safer dividend
CVX
Grade A
Faster growth
EOG
22.8%
Better value
EOG
+28% upside
CVX vs EOG — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


