EOG Resources Inc. (NYSE: EOG) on January 23, 2023, started off the session at the price of $133.50, soaring 1.08% from the previous trading day. During the day, the shares moved up to $135.03 and dropped to $133.26 before settling in for the closing price of $132.75. Within the past 52 weeks, EOG’s price has moved between $89.96 and $149.10.
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During the last 5-year period, the sales growth of Energy Sector giant was 20.10%. The company achieved an average annual earnings per share of 864.80%. With a float of $584.77 million, this company’s outstanding shares have now reached $587.39 million.
Let’s determine the extent of company efficiency that accounts for 2800 employees. In terms of profitability, gross margin is +44.80, operating margin of +36.93, and the pretax margin is +30.00.
EOG Resources Inc. (EOG) Insider Activity
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of EOG Resources Inc. is 0.30%, while institutional ownership is 89.00%. The most recent insider transaction that took place on Jan 12, was worth 2,609,854. In this transaction Director of this company bought 20,000 shares at a rate of $130.49, taking the stock ownership to the 170,000 shares. Before that another transaction happened on Nov 30, when Company’s President & COO sold 5,455 for $141.68, making the entire transaction worth $772,876. This insider now owns 151,917 shares in total.
EOG Resources Inc. (EOG) Earnings and Forecasts
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported $2.74 earnings per share (EPS) for the period topping the consensus outlook (set at $2.63) by $0.11. This company achieved a net margin of +23.58 while generating a return on equity of 21.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 864.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.61% during the next five years compared to 43.20% growth over the previous five years of trading.
EOG Resources Inc. (NYSE: EOG) Trading Performance Indicators
EOG Resources Inc. (EOG) is currently performing well based on its current performance indicators. A quick ratio of 1.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.12. Likewise, its price to free cash flow for the trailing twelve months is 14.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.73, a number that is poised to hit 3.46 in the next quarter and is forecasted to reach 14.54 in one year’s time.
Technical Analysis of EOG Resources Inc. (EOG)
Looking closely at EOG Resources Inc. (NYSE: EOG), its last 5-days average volume was 2.9 million, which is a drop from its year-to-date volume of 2.91 million. As of the previous 9 days, the stock’s Stochastic %D was 82.32%. Additionally, its Average True Range was 3.86.
During the past 100 days, EOG Resources Inc.’s (EOG) raw stochastic average was set at 63.69%, which indicates a significant decrease from 93.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.81% in the past 14 days, which was lower than the 40.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $132.82, while its 200-day Moving Average is $123.49. However, in the short run, EOG Resources Inc.’s stock first resistance to watch stands at $135.05. Second resistance stands at $135.93. The third major resistance level sits at $136.82. If the price goes on to break the first support level at $133.28, it is likely to go to the next support level at $132.39. Should the price break the second support level, the third support level stands at $131.51.
EOG Resources Inc. (NYSE: EOG) Key Stats
Market capitalization of the company is 77.95 billion based on 587,390K outstanding shares. Right now, sales total 18,642 M and income totals 4,664 M. The company made 7,593 M in profit during its latest quarter, and 2,854 M in sales during its previous quarter.