EOG Resources Inc. [NYSE: EOG] plunged by -$2.07 during the normal trading session on Friday and reaching a high of $120.345 during the day while it closed the day at $115.80. The company report on February 24, 2022 that EOG Resources Reports Fourth Quarter and Full-Year 2021 Results; Announces 2022 Capital Program; Declares $1.00 per Share Special Dividend.
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— EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 2021 results. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions, along with a related presentation, are also available on EOG’s website at http://investors.eogresources.com/investors.
EOG Resources Inc. stock has also gained 0.10% of its value over the past 7 days. However, EOG stock has inclined by 35.52% in the 3 months of the year. Over the past six months meanwhile, it has gained 60.96% and gained 31.49% year-on date.
The market cap for EOG stock reached $69.00 billion, with 584.00 million shares outstanding and 583.07 million shares in the current float. Compared to the average trading volume of 4.65M shares, EOG reached a trading volume of 25272132 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $128.63 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 Neutral, with their previous recommendation back on March 08, 2022. The new note on the price target was released on March 02, 2022, representing the official price target for EOG Resources Inc. stock. Previously, the target price had yet another raise from $111 to $135, while Truist kept a Buy rating on EOG stock. On November 05, 2021, analysts increased their price target for EOG shares from 104 to 110.
The Average True Range (ATR) for EOG Resources Inc. is set at 5.11, with the Price to Sales ratio for EOG stock in the period of the last 12 months amounting to 3.70. The Price to Book ratio for the last quarter was 3.05, with the Price to Cash per share for the same quarter was set at 8.74. Price to Free Cash Flow for EOG in the course of the last twelve months was 11.70 with Quick ratio for the last quarter at 2.00.
EOG stock trade performance evaluation
EOG Resources Inc. [EOG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.10. With this latest performance, EOG shares gained by 4.50% in over the last four-week period, additionally plugging by 60.96% over the last 6 months – not to mention a rise of 72.71% 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 54.47, with the RSI for the last a single of trading hit 51.41, and the three-weeks RSI is set at 54.85 for EOG Resources Inc. [EOG]. The present Moving Average for the last 50 days of trading for this stock 110.66, while it was recorded at 115.27 for the last single week of trading, and 89.19 for the last 200 days.
EOG Resources Inc. [EOG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and EOG Resources Inc. [EOG] shares currently have an operating margin of +36.93 and a Gross Margin at +44.80. EOG Resources Inc.’s Net Margin is presently recorded at +23.58.
Return on Equity for this stock inclined to 21.96, with Return on Assets sitting at 12.60.
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 per share (EPS) analysis for EOG Resources Inc. [EOG] stock
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 36.63%.
EOG Resources Inc. [EOG]: Insider Ownership positions
There are presently around $58,666 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 51,345,348, which is approximately 2.807% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 46,118,313 shares of the stock with an approximate value of $5.34 billion in EOG stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $4.88 billion in EOG stock with ownership of nearly -12.833% of the company’s market capitalization.
Positions in EOG Resources Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 609 institutional holders increased their position in EOG Resources Inc. [NYSE:EOG] by around 38,145,780 shares. Additionally, 421 investors decreased positions by around 41,359,213 shares, while 129 investors held positions by with 427,108,561 shares. The mentioned changes placed institutional holdings at 506,613,554 shares, according to the latest SEC report filing. EOG stock had 196 new institutional investments in for a total of 8,556,631 shares, while 65 institutional investors sold positions of 2,861,239 shares during the same period.