EOG Resources, Inc. (NYSE: EOG) on Friday, soared 0.66% from the previous trading day, before settling in for the closing price of $125.20. Within the past 52 weeks, EOG’s price has moved between $108.94 and $139.67.
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Annual sales at Energy sector company grew by 16.89% over the past five years. The company achieved an average annual earnings per share of 1.20%. With a float of $567.13 million, this company’s outstanding shares have now reached $580.86 million.
Let’s look at the performance matrix of the company that is accounted for 3050 employees.
EOG Resources, Inc. (EOG) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of EOG Resources, Inc. is 0.26%, while institutional ownership is 92.78%. The most recent insider transaction that took place on Aug 26 ’24, was worth 1,429,292. In this transaction EVP, Gen. Counsel & Corp Sec of this company sold 11,037 shares at a rate of $129.50, taking the stock ownership to the 74,250 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Officer proposed sale 11,037 for $129.50, making the entire transaction worth $1,429,292.
EOG Resources, Inc. (EOG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 1.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.40% during the next five years compared to 17.16% 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 1.89 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 2.97. Likewise, its price to free cash flow for the trailing twelve months is 14.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.96, a number that is poised to hit 2.97 in the next quarter and is forecasted to reach 11.65 in one year’s time.
Technical Analysis of EOG Resources, Inc. (EOG)
EOG Resources, Inc. (NYSE: EOG) saw its 5-day average volume 5.24 million, a positive change from its year-to-date volume of 3.23 million. As of the previous 9 days, the stock’s Stochastic %D was 89.95%. Additionally, its Average True Range was 2.50.
During the past 100 days, EOG Resources, Inc.’s (EOG) raw stochastic average was set at 50.72%, which indicates a significant decrease from 89.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.02% in the past 14 days, which was higher than the 21.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $125.65, while its 200-day Moving Average is $123.35. Nevertheless, the first resistance level for the watch stands at $126.81 in the near term. At $127.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $129.01. If the price goes on to break the first support level at $124.60, it is likely to go to the next support level at $123.17. The third support level lies at $122.40 if the price breaches the second support level.
EOG Resources, Inc. (NYSE: EOG) Key Stats
Market capitalization of the company is 71.66 billion based on 574,711K outstanding shares. Right now, sales total 24,186 M and income totals 7,594 M. The company made 6,025 M in profit during its latest quarter, and 1,690 M in sales during its previous quarter.
