A new trading day began on Monday, with EOG Resources, Inc (NYSE: EOG) stock price down -3.20% from the previous day of trading, before settling in for the closing price of $136.35. EOG’s price has ranged from $108.94 to $139.67 over the past 52 weeks.
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
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 16.89%. Meanwhile, its annual earnings per share averaged -1.51%. With a float of $560.94 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 57.99%, operating margin of 36.9%, and the pretax margin is 38.17%.
EOG Resources, Inc (EOG) Insider Updates
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 0.27%, while institutional ownership is 92.28%. The most recent insider transaction that took place on Nov 19 ’24, was worth 76,867. In this transaction Director of this company sold 568 shares at a rate of $135.33, taking the stock ownership to the 43,532 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Director proposed sale 568 for $135.33, making the entire transaction worth $76,867.
EOG Resources, Inc (EOG) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 3.07 per share, which was $0.1 lower 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.14% 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
Here are EOG Resources, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.11. Likewise, its price to free cash flow for the trailing twelve months is 12.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.42, a number that is poised to hit 2.59 in the next quarter and is forecasted to reach 11.11 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 3.17 million was superior to 3.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 47.07%. Additionally, its Average True Range was 2.85.
During the past 100 days, EOG Resources, Inc’s (EOG) raw stochastic average was set at 73.84%, which indicates a significant increase from 55.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.85% in the past 14 days, which was higher than the 24.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $128.16, while its 200-day Moving Average is $126.02. Now, the first resistance to watch is $135.55. This is followed by the second major resistance level at $139.13. The third major resistance level sits at $141.05. If the price goes on to break the first support level at $130.05, it is likely to go to the next support level at $128.13. Assuming the price breaks the second support level, the third support level stands at $124.55.
EOG Resources, Inc (NYSE: EOG) Key Stats
With a market capitalization of 74.23 billion, the company has a total of 562,450K Shares Outstanding. Currently, annual sales are 24,186 M while annual income is 7,594 M. The company’s previous quarter sales were 5,965 M while its latest quarter income was 1,673 M.