A new trading day began on November 20, 2023, with EOG Resources, Inc. (NYSE: EOG) stock priced at $124.75, up 0.99% from the previous day of trading. During the day, the shares moved up to $125.72 and dropped to $124.14 before settling in for the closing price of $124.00. EOG’s price has ranged from $98.52 to $141.89 over the past 52 weeks.
During the last 5-year period, the sales growth of Energy Sector giant was 31.77%. Meanwhile, its annual earnings per share averaged -12.33%. With a float of $580.91 million, this company’s outstanding shares have now reached $587.70 million.
Let’s determine the extent of company efficiency that accounts for 2850 employees. In terms of profitability, gross margin is +54.73, operating margin of +47.45, and the pretax margin is +33.44.
EOG Resources, Inc. (EOG) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of EOG Resources, Inc. is 0.38%, while institutional ownership is 91.17%. The most recent insider transaction that took place on Aug 15, was worth 595,089. In this transaction President & COO of this company sold 4,551 shares at a rate of $130.76, taking the stock ownership to the 145,259 shares. Before that another transaction happened on Jul 07, when Company’s EVP Exploration and Production sold 2,031 for $117.26, making the entire transaction worth $238,157. This insider now owns 37,607 shares in total.
EOG Resources, Inc. (EOG) Recent Fiscal highlights
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $3.44 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +26.20 while generating a return on equity of 33.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 54.90% during the next five years compared to 24.27% growth over the previous five years of trading.
EOG Resources, Inc. (NYSE: EOG) Trading Performance Indicators
Here are EOG Resources, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.08. Likewise, its price to free cash flow for the trailing twelve months is 12.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.46, a number that is poised to hit 3.48 in the next quarter and is forecasted to reach 13.35 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 3.46 million, which is a jump from its year-to-date volume of 3.3 million. As of the previous 9 days, the stock’s Stochastic %D was 67.19%. Additionally, its Average True Range was 3.09.
During the past 100 days, EOG Resources, Inc.’s (EOG) raw stochastic average was set at 56.15%, which indicates a significant increase from 55.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.89% in the past 14 days, which was higher than the 26.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $127.23, while its 200-day Moving Average is $120.97. However, in the short run, EOG Resources, Inc.’s stock first resistance to watch stands at $125.92. Second resistance stands at $126.61. The third major resistance level sits at $127.50. If the price goes on to break the first support level at $124.34, it is likely to go to the next support level at $123.45. Now, if the price goes above the second support level, the third support stands at $122.76.
EOG Resources, Inc. (NYSE: EOG) Key Stats
With a market capitalization of 73.03 billion, the company has a total of 583,150K Shares Outstanding. Currently, annual sales are 25,702 M while annual income is 7,759 M. The company’s previous quarter sales were 6,212 M while its latest quarter income was 2,030 M.