On a purely financial metric basis, fantastic companies are rarely cheap. But long-term investors still hold the upper hand in today's short-term-minded financial world. Good investors find visionary leaders who are constantly challenging conventional wisdom, and that is exactly what we are seeing in EOG Resources (NYSE:EOG)

Today, we answer a Twitter question from Lawrence Smith, a Motley Fool reader who is worried about the rich valuation in this growing independent E&P company.   

Check out the video below for our take on EOG Resources and why investors should not be focused exclusively on valuations metrics.  

This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy.


Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of EOG Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.