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EOG Eog Resources PE ratio, current and historical analysis

As at Jun 20, 2024, the EOG stock has a PE ratio of 9.59. This is based on the current EPS of $12.72 and the stock price of $121.99 per share. An increase of 6% has been recorded in the P/E ratio compared to the average of 9.1 of the last 4 quarters.

EOG PE ratio history

How has EOG's PE ratio performed in the past

The mean historical PE ratio of Eog Resources over the last ten years is 198.31. The current 9.59 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.

Average
198.31
Median
15.65
Minimum
7.12
Maximum
4,837

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

What is the average PE ratio of EOG for the past years

EOG's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
11.76
5-year avg
49.2
10-year avg
198.31
15-year avg
137.55

EOG PE vs peers

What is EOG's PE ratio compared to its 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 PE ratio is trading below the peer group average of 12.1.

Stock name PE ratio Market cap
APA Apache Corp 3.15 $10.42B
DVN Devon Energy Corp 8.69 $28.96B
EOG Eog Resources Inc 9.6 $70.14B
CHK Chesapeake Energy Corp 10.29 $10.8B
MRO Marathon Oil Corp 11.47 $15.66B
COP Conocophillips 12.58 $130.22B
OXY Occidental Petroleum Corp 15.42 $54.01B
HES Hess Corp 22.28 $45.04B

Frequently asked questions

What is Eog Resources's PE ratio?

The price to earnings ratio for EOG stock is 9.59 as of Jun 20, 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 11.76.

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 49.2.

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.

Why is Eog Resources's PE ratio so low?

EOG's PE ratio of 9.59 is considered low because the company's stock price is trading at a lower multiple of earnings.

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 (Jun 20, 2024), Eog Resources's stock price is $121.99. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $12.72. Therefore, Eog Resources's P/E ratio for today is 9.59. PE RATIO(9.59) = STOCK PRICE($121.99) / TTM EPS($12.72)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.