EOG Resources, Inc. (NYSE: EOG) is -1.64% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EOG stock was last observed hovering at around $120.50 in the last trading session, with the day’s loss setting it -1.53%.
Currently trading at $118.97, the stock is -5.71% and -5.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.93 million and changing -1.27% at the moment leaves the stock -3.52% off its SMA200. EOG registered -9.22% loss for a year compared to 6-month gain of -1.53%.
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The stock witnessed a -5.97% loss in the last 1 month and extending the period to 3 months gives it a -2.15%, and is -3.77% 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 2.01% over the week and 1.72% over the month.
EOG Resources, Inc. (EOG) has around 3050 employees, a market worth around $67.65B and $24.11B in sales. Current P/E ratio is 9.18 and Fwd P/E is 9.59. Profit margin for the company is 31.10%. Distance from 52-week low is 9.21% and -14.82% from its 52-week high. The company has generated returns on investments over the last 12 months (23.13%).
with sales reaching $5.65B over the same period.The EPS is expected to grow by 4.01% this year, but quarterly earnings will post -1.90% year-over-year. Quarterly sales are estimated to shrink -1.90% in year-over-year returns.
EOG Resources, Inc. (EOG) Top Institutional Holders
1923.0 institutions hold shares in EOG Resources, Inc. (EOG), with institutional investors hold 93.65% of the company’s shares. The shares outstanding are 580.86M, and float is at 567.15M with Short Float at 1.69%. Institutions hold 93.37% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 53.87 million shares valued at $6.78 billion. The investor’s holdings represent 9.3686% of the EOG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 40.41 million shares valued at $5.09 billion to account for 7.0286 of the shares outstanding. The other top investors are STATE STREET CORP which holds 35.77 million shares representing 6.2217% and valued at over $4.5 billion, while CAPITAL WORLD INVESTORS holds 5.7019 of the shares totaling 32.79 million with a market value of $4.13 billion.
EOG Resources, Inc. (EOG) Insider Activity
The most recent transaction is an insider sale by Donaldson Michael P, the company’s EVP, Gen. Counsel & Corp Sec. SEC filings show that Donaldson Michael P sold 11,037 shares of the company’s common stock on Aug 26 ’24 at a price of $129.50 per share for a total of $1.43 million. Following the sale, the insider now owns 74250.0 shares.
Still, SEC filings show that on Aug 21 ’24, CRISP CHARLES R (Director) disposed off 6,500 shares at an average price of $125.60 for $0.82 million. The insider now directly holds 60,892 shares of EOG Resources, Inc. (EOG).
