EOG Resources, Inc. (NYSE: EOG) is 1.85% 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 $121.67 in the last trading session, with the day’s gains setting it 1.52%.
Currently trading at $123.19, the stock is -0.72% and -2.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.01 million and changing 1.25% at the moment leaves the stock -0.04% off its SMA200. EOG registered -5.61% loss for a year compared to 6-month gain of -0.31%.
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The stock witnessed a -3.80% loss in the last 1 month and extending the period to 3 months gives it a 3.45%, and is 3.55% up 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 1.74% over the week and 1.83% over the month.
EOG Resources, Inc. (EOG) has around 3050 employees, a market worth around $70.05B and $24.11B in sales. Current P/E ratio is 9.51 and Fwd P/E is 10.39. Profit margin for the company is 31.10%. Distance from 52-week low is 13.08% and -11.80% 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 2.20% this year.
EOG Resources, Inc. (EOG) Top Institutional Holders
1924.0 institutions hold shares in EOG Resources, Inc. (EOG), with institutional investors hold 93.68% of the company’s shares. The shares outstanding are 580.86M, and float is at 567.13M with Short Float at 2.10%. Institutions hold 93.40% 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).
