EOG Resources, Inc (NYSE: EOG) is 10.76% 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 $134.49 in the last trading session, with the day’s gains setting it 1.28%.
Currently trading at $135.77, the stock is 8.99% and 5.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.22 million and changing 0.95% at the moment leaves the stock 6.65% off its SMA200. EOG registered 18.08% gain for a year compared to 6-month loss of 2.35%. The firm has a 50-day simple moving average (SMA 50) of $127.836 and a 200-day simple moving average (SMA200) of $127.25985.
The stock witnessed a 6.44% gain in the last 1 month and extending the period to 3 months gives it a 2.51%, and is 7.42% 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 2.38% over the week and 1.96% over the month.
EOG Resources, Inc (EOG) has around 3050 employees, a market worth around $76.36B and $23.86B in sales. Current P/E ratio is 10.93 and Fwd P/E is 12.28. Profit margin for the company is 29.92%. Distance from 52-week low is 24.63% and -2.79% from its 52-week high. The company has generated returns on investments over the last 12 months (21.43%).
with sales reaching $5.96B over the same period.The EPS is expected to shrink by -1.58% this year, but quarterly earnings will post -0.85% year-over-year. Quarterly sales are estimated to shrink -6.28% in year-over-year returns.
EOG Resources, Inc (EOG) Top Institutional Holders
1938.0 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 560.98M with Short Float at 2.40%. 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 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 Dec 31 ’24 at a price of $120.89 per share for a total of $0.48 million. Following the sale, the insider now owns 42703.0 shares.
Still, SEC filings show that on Nov 19 ’24, CLARK JANET F (Director) disposed off 568 shares at an average price of $135.33 for $76867.0. The insider now directly holds 43,532 shares of EOG Resources, Inc (EOG).
