EOG Resources, Inc (NYSE: EOG) is -11.05% lower on its value in year-to-date trading and has touched a low of $109.19 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 $110.55 in the last trading session, with the day’s loss setting it -1.52%.
Currently trading at $109.03, the stock is -12.05% and -13.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.27 million and changing -1.37% at the moment leaves the stock -14.17% off its SMA200. EOG registered -18.65% loss for a year compared to 6-month loss of -16.64%. The firm has a 50-day simple moving average (SMA 50) of $126.7458 and a 200-day simple moving average (SMA200) of $127.0304.
The stock witnessed a -12.96% gain in the last 1 month and extending the period to 3 months gives it a -13.86%, and is -14.98% 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 4.58% over the week and 2.88% over the month.
EOG Resources, Inc (EOG) has around 3150 employees, a market worth around $60.39B and $23.48B in sales. Current P/E ratio is 9.71 and Fwd P/E is 9.31. Profit margin for the company is 27.27%. Distance from 52-week low is -0.15% and -21.94% from its 52-week high. The company has generated returns on investments over the last 12 months (18.67%).
with sales reaching $5.95B over the same period.The EPS is expected to shrink by -5.95% this year, but quarterly earnings will post 2.63% year-over-year. Quarterly sales are estimated to shrink -2.81% in year-over-year returns.
EOG Resources, Inc (EOG) Top Institutional Holders
1994.0 institutions hold shares in EOG Resources, Inc (EOG), with institutional investors hold 94.63% of the company’s shares. The shares outstanding are 557.21M, and float is at 552.43M with Short Float at 2.50%. Institutions hold 94.37% 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 7.1027 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
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 4,037 shares of the company’s common stock on Apr 01 ’25 at a price of $127.76 per share for a total of $0.52 million. Following the sale, the insider now owns 47732.0 shares.
Still, SEC filings show that on Dec 31 ’24, Leitzell Jeffrey R. (EVP & COO) disposed off 4,000 shares at an average price of $120.89 for $0.48 million. The insider now directly holds 42,703 shares of EOG Resources, Inc (EOG).
