EOG Resources Inc. [EOG] gain 15.05% so far this year. What now?

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EOG Resources Inc. [NYSE: EOG] traded at a high on 01/11/22, posting a 4.22 gain after which it closed the day’ session at $102.20. The company report on December 16, 2021 that EOG Resources to Participate in Panel at Upcoming Conference.

EOG Resources, Inc. (EOG) is scheduled to participate in a panel at the Goldman Sachs Global Energy and Clean Technology Conference at 11:40 a.m. Central time (12:40 p.m. Eastern time) on Thursday, January 6. Ezra Y. Yacob, CEO, will participate on behalf of EOG.


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Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year.

The results of the trading session contributed to over 4864182 shares changing hands. Over the past one week, the price volatility of EOG Resources Inc. stands at 3.83% while the volatility over the past one month is 3.29%.

The market cap for EOG stock reached $58.19 billion, with 585.09 million shares outstanding and 583.05 million shares in the current float. Compared to the average trading volume of 4.21M shares, EOG reached a trading volume of 4864182 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about 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 $113.03 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 2.00. 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.

BofA Securities have made an estimate for EOG Resources Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 05, 2021. While these analysts kept the previous recommendation, The Benchmark Company raised their target price to Buy. The new note on the price target was released on November 03, 2021, representing the official price target for EOG Resources Inc. stock. Previously, the target price had yet another raise from $99 to $104, while BofA Securities kept a Neutral rating on EOG stock.

The Average True Range (ATR) for EOG Resources Inc. is set at 3.21, with the Price to Sales ratio for EOG stock in the period of the last 12 months amounting to 3.75. The Price to Book ratio for the last quarter was 2.73, with the Price to Cash per share for the same quarter was set at 7.54. Price to Free Cash Flow for EOG in the course of the last twelve months was 11.53 with Quick ratio for the last quarter at 2.00.

How has EOG stock performed recently?

EOG Resources Inc. [EOG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.18. With this latest performance, EOG shares gained by 16.61% in over the last four-week period, additionally plugging by 32.95% over the last 6 months – not to mention a rise of 69.61% 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 74.35, with the RSI for the last a single of trading hit 80.01, and the three-weeks RSI is set at 67.67 for EOG Resources Inc. [EOG]. The present Moving Average for the last 50 days of trading for this stock 90.53, while it was recorded at 97.51 for the last single week of trading, and 81.08 for the last 200 days.

EOG Resources Inc. [EOG]: Deeper insight into the fundamentals

EOG Resources Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.10.

Earnings analysis for EOG Resources Inc. [EOG]

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 74.16%.

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Insider trade positions for EOG Resources Inc. [EOG]

There are presently around $52,112 million, or 87.90% of EOG stock, in the hands of institutional investors. The top three institutional holders of EOG stocks are: VANGUARD GROUP INC with ownership of 49,943,329, which is approximately 3.642% of the company’s market cap and around 0.30% of the total institutional ownership; CAPITAL INTERNATIONAL INVESTORS, holding 48,369,841 shares of the stock with an approximate value of $4.94 billion in EOG stocks shares; and BLACKROCK INC., currently with $4.49 billion in EOG stock with ownership of nearly -0.128% of the company’s market capitalization.

Positions in EOG Resources Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 516 institutional holders increased their position in EOG Resources Inc. [NYSE:EOG] by around 40,039,670 shares. Additionally, 412 investors decreased positions by around 43,767,357 shares, while 132 investors held positions by with 426,091,958 shares. The mentioned changes placed institutional holdings at 509,898,985 shares, according to the latest SEC report filing. EOG stock had 121 new institutional investments in for a total of 7,513,496 shares, while 95 institutional investors sold positions of 6,520,421 shares during the same period.