Question 1

What is EOG Resources's P/FCF ratio?

Accepted Answer

EOG Resources (EOG) P/FCF ratio is 18.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for EOG Resources?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For EOG Resources specifically, the relevant sector benchmark is the current sector median of 22.1×.

Question 5

Is EOG Resources's P/FCF ratio high or low?

Accepted Answer

EOG Resources's P/FCF ratio of 18.9× is above its own 5-year average of 13.9× and below the sector median of 22.1×. That places the current reading at the 88th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is EOG Resources's historical P/FCF ratio range?

Accepted Answer

In the available daily series, EOG Resources (EOG) P/FCF ratio has ranged from a low of 6.9× in 2020 to a high of 5962.1× in 2017. The 5-year average is 13.9× and the 5-year median is 13.9×.

Question 7

What was EOG Resources's P/FCF ratio in 2025?

Accepted Answer

EOG Resources (EOG) P/FCF ratio at the end of 2025 was 15.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does EOG Resources's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$56.6B	$3.56B	15.9×	+4.1×	Dec 31, 2025
2024	$68.3B	$5.77B	11.8×	-1.8×	Dec 31, 2024
2023	$70B	$5.16B	13.6×	+1.2×	Dec 31, 2023
2022	$75.6B	$6.09B	12.4×	+2.0×	Dec 31, 2022
2021	$51.6B	$4.94B	10.4×	-8.3×	Dec 31, 2021
2020	$28.9B	$1.54B	18.7×	-9.1×	Dec 31, 2020
2019	$48.4B	$1.74B	27.8×	-1.9×	Dec 31, 2019
2018	$50.3B	$1.69B	29.7×	-410.3×	Dec 31, 2018
2017	$62.1B	$141M	440.1×	—	Dec 31, 2017
2016	$56.9B	-$224M	—	—	Dec 31, 2016
2015	$38.5B	-$1.42B	—	—	Dec 31, 2015
2014	$50.1B	$402M	124.6×	-44.3×	Dec 31, 2014
2013	$45.4B	$269M	168.9×	—	Dec 31, 2013
2012	$32.5B	-$2.12B	—	—	Dec 31, 2012
2011	—	-$2.37B	—	—	Dec 31, 2011
2010	$22.9B	-$2.87B	—	—	Dec 31, 2010
2009	$24.3B	-$581M	—	—	Dec 31, 2009
2008	$16.5B	-$562M	—	—	Dec 31, 2008
2007	$21.7B	-$786M	—	—	Dec 31, 2007
2006	$15.1B	-$241M	—	—	Dec 31, 2006
2005	$17.6B	$645M	27.2×	-275.6×	Dec 31, 2005
2004	$8.38B	$27.7M	302.9×	+257.2×	Dec 31, 2004
2003	$5.29B	$116M	45.6×	—	Dec 31, 2003
2002	$4.58B	-$45.6M	—	—	Dec 31, 2002


Phillips 66 (PSX)	615.5×
Targa Resources (TRGP)	205.8×
Williams Companies (WMB)	123.3×
Enbridge (ENB)	73.7×
Texas Pacific Land (TPL)	66.3×
Diamondback Energy (FANG)	35.1×
Enphase Energy (ENPH)	34.2×
Chevron (CVX)	30.6×
National Fuel Gas (NFG)	29.1×
Baker Hughes (BKR)	26.4×
ONEOK (OKE)	25.4×
Energy Transfer LP (ET)	18.2×
Occidental Petroleum (OXY)	17.8×
SLB (SLB)	16.5×
Halliburton (HAL)	16.5×
Marathon Petroleum (MPC)	12.6×
Valero Energy (VLO)	12.4×
Devon Energy (DVN)	11.9×
ConocoPhillips (COP)	10.5×
APA (APA)	10.1×
Expand Energy (EXE)	9.2×

P/FCF Ratio for EOG Resources (EOG) 2003-2026

P/FCF Ratio daily chart for EOG Resources (EOG)

Historical P/FCF Ratio for EOG Resources (EOG) from 2002 to 2025

About P/FCF Ratio at EOG Resources (EOG)

EOG Resources P/FCF Ratio by Year

EOG Resources P/FCF Ratio 2025: 15.9×

EOG Resources P/FCF Ratio 2024: 11.8×

EOG Resources P/FCF Ratio 2023: 13.6×

EOG Resources P/FCF Ratio 2022: 12.4×

EOG Resources P/FCF Ratio 2021: 10.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

EOG Resources (EOG) Key Financials