EOG Resources, Inc (NYSE: EOG) is -1.66% lower on its value in year-to-date trading and has touched a low of $113.83 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 $126.94 in the last trading session, with the day’s loss setting it -6.4%.
Currently trading at $120.54, the stock is -7.01% and -6.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.43 million and changing -5.04% at the moment leaves the stock -5.06% off its SMA200. EOG registered 5.58% gain for a year compared to 6-month gain of -6.35%.
The stock witnessed a -7.12% loss in the last 1 month and extending the period to 3 months gives it a -9.05%, and is -9.80% 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 3.38% over the week and 2.59% over the month.
EOG Resources, Inc (EOG) has around 3150 employees, a market worth around $66.77B and $23.48B in sales. Current P/E ratio is 10.73 and Fwd P/E is 9.87. Profit margin for the company is 27.27%. Distance from 52-week low is 5.89% and -13.70% from its 52-week high. The company has generated returns on investments over the last 12 months (18.67%).
with sales reaching $5.89B over the same period.The EPS is expected to shrink by -2.13% this year, but quarterly earnings will post 3.41% year-over-year. Quarterly sales are estimated to shrink -3.82% in year-over-year returns.
EOG Resources, Inc (EOG) Top Institutional Holders
The shares outstanding are 557.21M, and float is at 552.39M with Short Float at 2.43%.
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 6.2873% and valued at over $4.5 billion, while CAPITAL WORLD INVESTORS holds 5.762 of the shares totaling 32.79 million with a market value of $4.13 billion.
EOG Resources, Inc (EOG) Insider Activity
A total of 0 insider transactions have happened at EOG Resources, Inc (EOG) in the last six months, with sales accounting for 0 and purchases happening 0 times. 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).
EOG Resources, Inc (EOG): Who are the competitors?
The company’s main competitors (and peers) include Devon Energy Corp. (DVN) that is trading -22.45% down over the past 12 months. Occidental Petroleum Corp. (OXY) that is -23.45% lower over the same period.
