EOG Resources, Inc (EOG) concluded trading on Wednesday at a closing price of $119.63, with 4.49 million shares of worth about $537.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.93% during that period and on December 18, 2024 the price saw a loss of about -2.86%. Currently the company’s common shares owned by public are about 564.72M shares, out of which, 560.97M shares are available for trading.
Stock saw a price change of -6.22% in past 5 days and over the past one month there was a price change of -12.38%. Year-to-date (YTD), EOG shares are showing a performance of -1.09% which decreased to -1.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $108.94 but also hit the highest price of $139.67 during that period. The average intraday trading volume for EOG Resources, Inc shares is 2.95 million. The stock is currently trading -7.70% below its 20-day simple moving average (SMA20), while that difference is down -6.99% for SMA50 and it goes to -5.92% lower than SMA200.
EOG Resources, Inc (NYSE: EOG) currently have 564.72M outstanding shares and institutions hold larger chunk of about 92.19% of that.
The stock has a current market capitalization of $67.29B and its 3Y-monthly beta is at 1.28. PE ratio of stock for trailing 12 months is 9.63, while it has posted earnings per share of $12.42 in the same period. Its PEG reads 4.50 and has Quick Ratio of 2.07 while making debt-to-equity ratio of 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EOG, volatility over the week remained 2.15% while standing at 2.05% over the month.
Stock’s fiscal year EPS is expected to drop by -1.46% while it is estimated to decrease by -4.98% in next year. EPS is likely to shrink at an annualized rate of 2.14% for next 5-years, compared to annual growth of 17.16% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on December 17, 2024 offering an Overweight rating for the stock and assigned a target price range of between $147 and $150 to it. Coverage by Piper Sandler stated EOG Resources, Inc (EOG) stock as a Neutral in their note to investors on November 18, 2024, suggesting a price target of $149 for the stock. On July 18, 2024, Wolfe Research Resumed their recommendations, while on May 16, 2024, Truist Downgrade their ratings for the stock with a price target of $136. Stock get a Sector perform rating from Scotiabank on April 11, 2024.
