EOG Resources, Inc. (NYSE: EOG) on Tuesday, plunged -0.51% from the previous trading day, before settling in for the closing price of $125.71. Within the past 52 weeks, EOG’s price has moved between $108.94 and $139.67.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 16.89%. The company achieved an average annual earnings per share of -1.63%. With a float of $567.07 million, this company’s outstanding shares have now reached $580.86 million.
The extent of productivity of a business whose workforce counts for 3050 workers is very important to gauge. In terms of profitability, gross margin is 60.04%, operating margin of 38.63%, and the pretax margin is 39.78%.
EOG Resources, Inc. (EOG) Insider Updates
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of EOG Resources, Inc. is 0.27%, while institutional ownership is 92.83%. 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) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.44 earnings per share (EPS) for the period topping the consensus outlook (set at 3.02) by 0.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.28% 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 2.95. Likewise, its price to free cash flow for the trailing twelve months is 14.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.96, a number that is poised to hit 2.78 in the next quarter and is forecasted to reach 11.18 in one year’s time.
Technical Analysis of EOG Resources, Inc. (EOG)
The latest stats from [EOG Resources, Inc., EOG] show that its last 5-days average volume of 2.4 million was inferior to 3.17 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 6.18%. Additionally, its Average True Range was 2.52.
During the past 100 days, EOG Resources, Inc.’s (EOG) raw stochastic average was set at 47.11%, which indicates a significant increase from 0.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.67% in the past 14 days, which was lower than the 22.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $126.11, while its 200-day Moving Average is $124.12. Now, the first resistance to watch is $126.07. This is followed by the second major resistance level at $127.06. The third major resistance level sits at $127.61. If the price goes on to break the first support level at $124.53, it is likely to go to the next support level at $123.98. Assuming the price breaks the second support level, the third support level stands at $122.99.
EOG Resources, Inc. (NYSE: EOG) Key Stats
Market capitalization of the company is 71.11 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.
