EOG Resources, Inc (NYSE: EOG) is -1.58% 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 $118.22 in the last trading session, with the day’s gains setting it 0.82%.
Currently trading at $119.04, the stock is -6.91% and -7.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.02 million and changing 0.69% at the moment leaves the stock -6.40% off its SMA200. EOG registered -1.97% loss for a year compared to 6-month gain of -5.00%. The firm has a 50-day simple moving average (SMA 50) of $128.1092 and a 200-day simple moving average (SMA200) of $127.1756.
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The stock witnessed a -12.62% loss in the last 1 month and extending the period to 3 months gives it a -6.80%, and is -6.10% 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 2.56% over the week and 2.14% over the month.
EOG Resources, Inc (EOG) has around 3050 employees, a market worth around $67.42B and $23.86B in sales. Current P/E ratio is 9.58 and Fwd P/E is 10.88. Profit margin for the company is 29.92%. Distance from 52-week low is 9.27% and -14.77% from its 52-week high. The company has generated returns on investments over the last 12 months (21.43%).
with sales reaching $5.95B over the same period.The EPS is expected to shrink by -1.46% this year, but quarterly earnings will post -0.96% year-over-year. Quarterly sales are estimated to shrink -6.36% in year-over-year returns.
EOG Resources, Inc (EOG) Top Institutional Holders
1948.0 institutions hold shares in EOG Resources, Inc (EOG), with institutional investors hold 93.00% of the company’s shares. The shares outstanding are 564.72M, and float is at 560.97M with Short Float at 2.30%. Institutions hold 92.71% 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 CLARK JANET F, the company’s Director. SEC filings show that CLARK JANET F sold 568 shares of the company’s common stock on Nov 19 ’24 at a price of $135.33 per share for a total of $76867.0. Following the sale, the insider now owns 43532.0 shares.
Still, SEC filings show that on Aug 26 ’24, Donaldson Michael P (EVP, Gen. Counsel & Corp Sec) disposed off 11,037 shares at an average price of $129.50 for $1.43 million. The insider now directly holds 74,250 shares of EOG Resources, Inc (EOG).
