On Friday, EOG Resources, Inc. (NYSE: EOG) was -1.02% drop from the session before settling in for the closing price of $124.44. A 52-week range for EOG has been $108.94 – $139.67.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Energy sector has jumped its sales by 16.89% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -1.63%. With a float of $567.07 million, this company’s outstanding shares have now reached $580.86 million.
In an organization with 3050 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward EOG Resources, Inc. stocks. The insider ownership of EOG Resources, Inc. is 0.27%, while institutional ownership is 92.76%. 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
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
You can see what EOG Resources, Inc. (EOG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91. Likewise, its price to free cash flow for the trailing twelve months is 13.85.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.15 million. That was inferior than the volume of 3.16 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.73%. Additionally, its Average True Range was 2.46.
During the past 100 days, EOG Resources, Inc.’s (EOG) raw stochastic average was set at 37.47%, which indicates a significant increase from 5.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.35% in the past 14 days, which was lower than the 21.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $125.94, while its 200-day Moving Average is $124.24. However, in the short run, EOG Resources, Inc.’s stock first resistance to watch stands at $125.08. Second resistance stands at $126.98. The third major resistance level sits at $128.23. If the price goes on to break the first support level at $121.92, it is likely to go to the next support level at $120.67. Assuming the price breaks the second support level, the third support level stands at $118.77.
EOG Resources, Inc. (NYSE: EOG) Key Stats
There are 574,711K outstanding shares of the company, which has a market capitalization of 70.03 billion. As of now, sales total 24,186 M while income totals 7,594 M. Its latest quarter income was 6,025 M while its last quarter net income were 1,690 M.
