As at Apr 18, 2024, the EOG stock has a PE ratio of 10.08. This is based on the current EPS of $13.07 and the stock price of $131.76 per share. An increase of 21% has been recorded in the P/E ratio compared to the average of 8.3 of the last 4 quarters.
The mean historical PE ratio of Eog Resources over the last ten years is 204.8. The current 10.08 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.
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's current P/E ratio is lower than the 3, 5 and 10-year averages.
Compared to its peers COP and PXD, EOG's PE ratio stands lower, however it is higher than DVN's and CHK's. Eog Resources's current PE ratio of 10.08 is comparable to the average of its peer group, which is 10.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APA Apache Corp | 3.5 | $9.79B |
| CHK Chesapeake Energy Corp | 4.8 | $11.42B |
| DVN Devon Energy Corp | 8.78 | $32.66B |
| EOG Eog Resources Inc | 10.08 | $76.42B |
| MRO Marathon Oil Corp | 10.7 | $15.82B |
| PXD Pioneer Natural Resources Co | 12.83 | $62.6B |
| COP Conocophillips | 14.08 | $150.36B |
| OXY Occidental Petroleum Corp | 15.65 | $58.08B |
| HES Hess Corp | 33.58 | $46.62B |
The price to earnings ratio for EOG stock is 10.08 as of Apr 18, 2024.
The average PE ratio for EOG stock over the past 3 years is 11.92.
The average PE ratio for EOG stock over the past 5 years is 51.5.
The highest quarterly PE ratio in the last ten years has been 4,837 and it was in the Sep 2017 quarter.
EOG's current price to earnings ratio is 95% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 18, 2024), Eog Resources's stock price is $131.76. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $13.07. Therefore, Eog Resources's P/E ratio for today is 10.08. PE RATIO(10.08) = STOCK PRICE($131.76) / TTM EPS($13.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.