EOG Resources, Inc. (NYSE: EOG) is 3.56% higher on its value in year-to-date trading and has touched a low of $108.94 and a high of $139.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EOG stock was last observed hovering at around $128.24 in the last trading session, with the day’s loss setting it -2.99%.
Currently trading at $125.25, the stock is -0.45% and -0.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.87 million and changing -2.33% at the moment leaves the stock 1.75% off its SMA200. EOG registered -2.89% loss for a year compared to 6-month gain of 10.71%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -1.32% loss in the last 1 month and extending the period to 3 months gives it a -3.55%, and is -0.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.61% over the week and 2.19% over the month.
EOG Resources, Inc. (EOG) has around 3050 employees, a market worth around $71.22B and $24.11B in sales. Current P/E ratio is 9.67 and Fwd P/E is 10.14. Profit margin for the company is 31.10%. Distance from 52-week low is 14.97% and -10.32% from its 52-week high. The company has generated returns on investments over the last 12 months (23.13%).
The EPS is expected to grow by 3.69% this year.
EOG Resources, Inc. (EOG) Top Institutional Holders
1914.0 institutions hold shares in EOG Resources, Inc. (EOG), with institutional investors hold 93.66% of the company’s shares. The shares outstanding are 580.86M, and float is at 566.85M with Short Float at 1.79%. Institutions hold 93.33% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 54.28 million shares valued at $6.94 billion. The investor’s holdings represent 9.4393 of the EOG Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 40.98 million shares valued at $5.24 billion to account for 7.1261 of the shares outstanding. The other top investors are STATE STREET CORP which holds 35.13 million shares representing 6.1103 and valued at over $4.49 billion, while JPMORGAN CHASE & CO holds 5.3782 of the shares totaling 30.92 million with a market value of $3.95 billion.
EOG Resources, Inc. (EOG) Insider Activity
The most recent transaction is an insider sale by Leitzell Jeffrey R., the company’s EVP & COO. SEC filings show that Leitzell Jeffrey R. sold 4,000 shares of the company’s common stock on Aug 09 ’24 at a price of $126.48 per share for a total of $0.51 million. Following the sale, the insider now owns 35058.0 shares.
Still, SEC filings show that on May 21 ’24, Yacob Ezra Y (Chairman & CEO) disposed off 4,729 shares at an average price of $129.31 for $0.61 million. The insider now directly holds 150,474 shares of EOG Resources, Inc. (EOG).
