EOG Resources is Among the Companies in the Oil & Gas Exploration & Production Industry With the Highest P/E Ratio (EOG, QEP, WLL, EQT, CRZO)
Below are the three companies in the Oil & Gas Exploration & Production industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
EOG Resources ranks highest with a a P/E ratio of 98.48. Following is QEP Resources with a a P/E ratio of 83.11. Whiting Petroleum ranks third highest with a a P/E ratio of 71.85.
EQT follows with a a P/E ratio of 48.22, and Carrizo Oil & Gas rounds out the top five with a a P/E ratio of 42.70.
SmarTrend is monitoring the recent change of momentum in Carrizo Oil & Gas. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Carrizo Oil & Gas in search of a potential trend change.
Keywords: highest p/e ratio EOG Resources qep resources whiting petroleum carrizo oil & gas