6.07% percent quarterly performance for EOG Resources, Inc (EOG) is not indicative of the underlying story

On Friday, EOG Resources, Inc (NYSE: EOG) was -1.70% drop from the session before settling in for the closing price of $130.02. 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

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 16.89%. When this article was written, the company’s average yearly earnings per share was at -1.58%. With a float of $560.99 million, this company’s outstanding shares have now reached $564.72 million.

Considering the fact that the conglomerate employs 3050 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 57.8%, operating margin of 37.06%, and the pretax margin is 38.35%.

EOG Resources, Inc (EOG) Insider Activity

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 0.26%, while institutional ownership is 92.20%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -1.58% 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

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 2.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96. Likewise, its price to free cash flow for the trailing twelve months is 11.87.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.42, a number that is poised to hit 2.57 in the next quarter and is forecasted to reach 11.11 in one year’s time.

Technical Analysis of EOG Resources, Inc (EOG)

Compared to the last year’s volume of 3.12 million, its volume of 2.79 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.89%. Additionally, its Average True Range was 2.82.

During the past 100 days, EOG Resources, Inc’s (EOG) raw stochastic average was set at 54.83%, which indicates a significant increase from 13.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.81% in the past 14 days, which was lower than the 24.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $129.16, while its 200-day Moving Average is $126.72. Nevertheless, the first resistance level for the watch stands at $129.60 in the near term. At $131.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $133.03. If the price goes on to break the first support level at $126.17, it is likely to go to the next support level at $124.52. Should the price break the second support level, the third support level stands at $122.74.

EOG Resources, Inc (NYSE: EOG) Key Stats

There are 562,450K outstanding shares of the company, which has a market capitalization of 70.66 billion. As of now, sales total 24,186 M while income totals 7,594 M. Its latest quarter income was 5,965 M while its last quarter net income were 1,673 M.