In the current session, the stock is trading at $127.32, after a 0.74% spike. Over the past month, EOG Resources Inc. (NYSE:EOG) stock increased by 11.23%, and in the past year, by 11.06%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
Comparing EOG Resources P/E Against Its Peers
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market ...