EOG Resources has delivered a strong run for long term holders, yet the recent pullback raises a fresh question about what investors are paying for its earnings today. With the stock still well above levels seen several years ago, the issue is whether the current price fairly reflects the profits the business generates. Over the past 5 years, EOG Resources has returned 133.9%, which puts a lot of embedded optimism about its earning power under the microscope. The company’s fortunes remain…
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
