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 (EOG -1.36%).
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.
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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.
