Stock Surge: EOG Resources, Inc. (EOG) Closes at 128.24, Marking a 0.14 Increase/Decrease

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In the latest session, EOG Resources, Inc. (NYSE: EOG) closed at $128.24 up 0.14% from its previous closing price of $128.06. In other words, the price has increased by $0.14 from its previous closing price. On the day, 1.97 million shares were traded. EOG stock price reached its highest trading level at $129.8 during the session, while it also had its lowest trading level at $127.85.

Ratios:

For a deeper understanding of EOG Resources, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.11.

On May 16, 2024, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $163 to $136.

Scotiabank Downgraded its Sector Outperform to Sector Perform on April 11, 2024, while the target price for the stock was maintained at $155.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 09 ’24 when Leitzell Jeffrey R. sold 4,000 shares for $126.48 per share. The transaction valued at 505,920 led to the insider holds 35,058 shares of the business.

Leitzell Jeffrey R. bought 4,000 shares of EOG for $505,920 on Aug 09 ’24. On May 21 ’24, another insider, Yacob Ezra Y, who serves as the Chairman & CEO of the company, sold 4,729 shares for $129.31 each. As a result, the insider received 611,517 and left with 150,474 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EOG now has a Market Capitalization of 72917270528 and an Enterprise Value of 71573209088. As of this moment, EOG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.90, and their Forward P/E ratio for the next fiscal year is 10.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.02 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 2.969 whereas that against EBITDA is 5.302.

Stock Price History:

Over the past 52 weeks, EOG has reached a high of $139.67, while it has fallen to a 52-week low of $108.94. The 50-Day Moving Average of the stock is 2.36%, while the 200-Day Moving Average is calculated to be 4.20%.

Shares Statistics:

For the past three months, EOG has traded an average of 2.93M shares per day and 2656860 over the past ten days. A total of 580.86M shares are outstanding, with a floating share count of 566.84M. Insiders hold about 0.31% of the company’s shares, while institutions hold 95.64% stake in the company. Shares short for EOG as of 1722384000 were 10158214 with a Short Ratio of 3.46, compared to 1719532800 on 10210811. Therefore, it implies a Short% of Shares Outstanding of 10158214 and a Short% of Float of 1.79.

Dividends & Splits

According to the company, the forward annual dividend rate for EOG is 3.56, from 3.555 in the trailing year. Against a Trailing Annual Dividend Yield of 0.027760426The stock’s 5-year Average Dividend Yield is 2.34.

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