As at Jun 22, 2026, the EOG stock has a PE ratio of 12.97. This is based on the current EPS of $10.24 and the stock price of $132.83 per share. An increase of 8% has been recorded in the P/E ratio compared to the average of 12.0 of the last 4 quarters.
EOG PE ratio history
The mean historical PE ratio of Eog Resources over the last nine years is 179.4. The current 12.97 PE ratio is 93% below the historical average. In the past nine 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: 138.34% in 2012
Maximum annual decrease: -83.42% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 11.45 | 5.63% | $105.01 | $9.17 |
| 2024 | 10.84 | 17.19% | $122.58 | $11.31 |
| 2023 | 9.25 | -4.93% | $120.95 | $13.07 |
| 2022 | 9.73 | -12.03% | $129.52 | $13.31 |
| 2021 | 11.06 | N/A | $88.83 | $8.03 |
| 2020 | N/A | N/A | $49.87 | -$1.04 |
| 2019 | 17.71 | 20.39% | $83.76 | $4.73 |
| 2018 | 14.71 | -38.78% | $87.21 | $5.93 |
| 2017 | 24.03 | N/A | $107.91 | $4.49 |
| 2016 | N/A | N/A | $101.1 | -$1.98 |
| 2015 | N/A | N/A | $70.79 | -$8.29 |
| 2014 | 17.18 | -16.68% | $92.07 | $5.36 |
| 2013 | 20.62 | -63.47% | $83.92 | $4.07 |
| 2012 | 56.44 | 138.34% | $60.4 | $1.07 |
| 2011 | 23.68 | -83.42% | $49.26 | $2.08 |
Eog Resources PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 14.12 | 23.32% | $144.57 | $10.24 |
| Dec 2025 | 11.45 | 3.34% | $105.01 | $9.17 |
| Sep 2025 | 11.08 | -3.9% | $112.12 | $10.12 |
| Jun 2025 | 11.53 | -2.37% | $119.61 | $10.37 |
| Mar 2025 | 11.81 | 8.95% | $128.24 | $10.86 |
| Dec 2024 | 10.84 | 9.94% | $122.58 | $11.31 |
| Sep 2024 | 9.86 | 1.96% | $122.93 | $12.47 |
| Jun 2024 | 9.67 | -3.78% | $125.87 | $13.01 |
| Mar 2024 | 10.05 | 8.65% | $127.84 | $12.72 |
| Dec 2023 | 9.25 | -1.07% | $120.95 | $13.07 |
| Sep 2023 | 9.35 | 22.22% | $126.76 | $13.56 |
| Jun 2023 | 7.65 | 7.44% | $114.44 | $14.95 |
| Mar 2023 | 7.12 | -26.82% | $114.63 | $16.11 |
| Dec 2022 | 9.73 | 11.58% | $129.52 | $13.31 |
| Sep 2022 | 8.72 | -22.63% | $111.73 | $12.82 |
EOG Price vs fair value
EOG average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
EOG's current P/E ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.
PE comparison
Eog Resources's P/E of 12.97 is above its peers average but below the Energy sector and the industry average. Compared to its Energy sector average of 16.89, Eog Resources's P/E is 23% lower.
EOG PE vs peers
Compared to its peer COP, EOG's PE ratio stands lower, however it is higher than OXY's and DVN's. Eog Resources's PE ratio is trading above the peer group average of 11.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXE Expand Energy Corp. | 6.58 | $21.29B |
| APA Apache Corp | 7.94 | $12.04B |
| DVN Devon Energy Corp | 12.02 | $26.96B |
| OXY Occidental Petroleum Corp | 12.91 | $52.02B |
| EOG Eog Resources Inc | 13.2 | $71.98B |
| COP Conocophillips | 18.65 | $134.04B |
Frequently asked questions
What is Eog Resources's PE ratio?
The price to earnings ratio for EOG stock is 12.97 as of Jun 22, 2026.
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 10.56.
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 11.58.
What is the highest PE ratio for EOG?
The highest quarterly PE ratio in the last nine 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 93% below its 9-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 (Jun 22, 2026), Eog Resources's stock price is $132.83. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $10.24. Therefore, Eog Resources's P/E ratio for today is 12.97. PE RATIO(12.97) = STOCK PRICE($132.83) / TTM EPS($10.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.