EOG Resources Inc. [NYSE: EOG] price surged by 8.33 percent to reach at $5.79. The company report on August 31, 2021 that EOG Resources to Present at Upcoming Conference.
EOG Resources, Inc. (EOG) is scheduled to present at the Barclays CEO Energy-Power Conference at 8:45 a.m. Central time (9:45 a.m. Eastern time) on Wednesday, September 8. Ezra Y. Yacob, President, will present on behalf of EOG.
Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year.
A sum of 8383050 shares traded at recent session while its average daily volume was at 4.61M shares. EOG Resources Inc. shares reached a high of $75.53 and dropped to a low of $71.02 until finishing in the latest session at $75.31.
The one-year EOG stock forecast points to a potential upside of 23.2. The average equity rating for EOG stock is currently 2.10, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on EOG Resources Inc. [EOG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EOG shares is $98.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EOG stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Tudor Pickering have made an estimate for EOG Resources Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 13, 2021. The new note on the price target was released on August 30, 2021, representing the official price target for EOG Resources Inc. stock. Previously, the target price had yet another raise to $88, while Wells Fargo analysts kept a Overweight rating on EOG stock.
The Average True Range (ATR) for EOG Resources Inc. is set at 2.40, with the Price to Sales ratio for EOG stock in the period of the last 12 months amounting to 3.37. The Price to Book ratio for the last quarter was 2.09, with the Price to Cash per share for the same quarter was set at 6.62. Price to Free Cash Flow for EOG in the course of the last twelve months was 9.39 with Quick ratio for the last quarter at 1.60.
EOG Stock Performance Analysis:
EOG Resources Inc. [EOG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.10. With this latest performance, EOG shares gained by 14.24% in over the last four-week period, additionally plugging by 4.20% over the last 6 months – not to mention a rise of 97.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EOG stock in for the last two-week period is set at 66.11, with the RSI for the last a single of trading hit 75.23, and the three-weeks RSI is set at 59.35 for EOG Resources Inc. [EOG]. The present Moving Average for the last 50 days of trading for this stock 71.22, while it was recorded at 69.88 for the last single week of trading, and 69.29 for the last 200 days.
Insight into EOG Resources Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and EOG Resources Inc. [EOG] shares currently have an operating margin of -0.14 and a Gross Margin at +9.54. EOG Resources Inc.’s Net Margin is presently recorded at -6.09.
Return on Total Capital for EOG is now -0.05, given the latest momentum, and Return on Invested Capital for the company is -2.32. Return on Equity for this stock declined to -2.88, with Return on Assets sitting at -1.66. When it comes to the capital structure of this company, EOG Resources Inc. [EOG] has a Total Debt to Total Equity ratio set at 33.26. Additionally, EOG Total Debt to Total Capital is recorded at 24.96, with Total Debt to Total Assets ending up at 18.86. Long-Term Debt to Equity for the company is recorded at 27.96, with the Long-Term Debt to Total Capital now at 20.98.
Reflecting on the efficiency of the workforce at the company, EOG Resources Inc. [EOG] managed to generate an average of -$208,473 per employee. Receivables Turnover for the company is 5.37 with a Total Asset Turnover recorded at a value of 0.27.EOG Resources Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.70.
EOG Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EOG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for EOG Resources Inc. go to 60.06%.