EOG Eog Resources PE ratio, current and historical analysis
As at Nov 15, 2024, the EOG stock has a PE ratio of 10.79. This is based on the current EPS of $12.47 and the stock price of $134.56 per share. An increase of 11% has been recorded in the P/E ratio compared to the average of 9.7 of the last 4 quarters.
EOG PE ratio history
The mean historical PE ratio of Eog Resources over the last ten years is 197.49. The current 10.79 PE ratio is 95% below the historical average. In the past ten years, EOG's PE ratio was at its highest in the Sep 2017 quarter at 4,837, with a price of $96.74 and an EPS of $0.02. The Mar 2023 quarter recorded the bottom point at 7.12, with a price of $114.63 and an EPS of $16.11.
Eog Resources PE ratio by year
Maximum annual increase: 20.39% in 2019
Maximum annual decrease: -38.78% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.25 | -4.93% |
| 2022 | 9.73 | -12.03% |
| 2021 | 11.06 | N/A |
| 2020 | N/A | N/A |
| 2019 | 17.71 | 20.39% |
| 2018 | 14.71 | -38.78% |
| 2017 | 24.03 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 17.18 | -16.68% |
EOG average PE ratio chart
EOG's current P/E ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.
EOG PE vs peers
Compared to its peers COP and OXY, EOG's PE ratio stands lower, however it is higher than DVN's and APA's. Eog Resources's current PE ratio of 10.79 is comparable to the average of its peer group, which is 10.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APA Apache Corp | 3.17 | $8.28B |
| DVN Devon Energy Corp | 7.1 | $25.27B |
| EOG Eog Resources Inc | 10.79 | $75.68B |
| OXY Occidental Petroleum Corp | 12.19 | $46.89B |
| MRO Marathon Oil Corp | 12.27 | $15.99B |
| COP Conocophillips | 13.31 | $129.27B |
| HES Hess Corp | 16.92 | $44.87B |
| EXE Expand Energy Corp. | 48.22 | $21.95B |
Frequently asked questions
What is Eog Resources's PE ratio?
The price to earnings ratio for EOG stock is 10.79 as of Nov 15, 2024.
What is the 3-year average PE ratio for Eog Resources (EOG)?
The average PE ratio for EOG stock over the past 3 years is 9.97.
What is the 5-year average PE ratio for Eog Resources (EOG)?
The average PE ratio for EOG stock over the past 5 years is 48.65.
What is the highest PE ratio for EOG?
The highest quarterly PE ratio in the last ten years has been 4,837 and it was in the Sep 2017 quarter.
How does the current PE ratio for EOG compare to its historical average?
EOG's current price to earnings ratio is 95% below its 10-year historical average.
How is EOG's PE ratio calculated (Eog Resources PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 15, 2024), Eog Resources's stock price is $134.56. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $12.47. Therefore, Eog Resources's P/E ratio for today is 10.79. PE RATIO(10.79) = STOCK PRICE($134.56) / TTM EPS($12.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.