Stock Surge: EOG Resources, Inc. (EOG) Closes at 129.09, Marking a -0.26 Increase/Decrease

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, EOG Resources, Inc. (NYSE: EOG) closed at $129.09 down -0.26% from its previous closing price of $129.43. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 2.56 million shares were traded. EOG stock price reached its highest trading level at $129.43 during the session, while it also had its lowest trading level at $126.54.

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 14.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.13.

On April 10, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $144.

BofA Securities Downgraded its Buy to Neutral on January 05, 2024, whereas the target price for the stock was revised from $147 to $140.

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 May 13 ’24 when Donaldson Michael P sold 2,685 shares for $130.29 per share. The transaction valued at 349,839 led to the insider holds 109,040 shares of the business.

Leitzell Jeffrey R. sold 7,802 shares of EOG for $1,014,812 on May 10 ’24. The EVP & COO now owns 39,054 shares after completing the transaction at $130.07 per share. On May 09 ’24, another insider, Helms Lloyd W Jr, who serves as the President of the company, sold 1,296 shares for $130.27 each. As a result, the insider received 168,827 and left with 161,109 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 74189438976 and an Enterprise Value of 73006391296. As of this moment, EOG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.19, and their Forward P/E ratio for the next fiscal year is 10.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.15 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 3.102 whereas that against EBITDA is 5.529.

Stock Price History:

The Beta on a monthly basis for EOG is 1.33, which has changed by 0.15238345 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, EOG has reached a high of $139.67, while it has fallen to a 52-week low of $104.97. The 50-Day Moving Average of the stock is -0.23%, while the 200-Day Moving Average is calculated to be 4.23%.

Shares Statistics:

For the past three months, EOG has traded an average of 3.55M shares per day and 3399490 over the past ten days. A total of 580.86M shares are outstanding, with a floating share count of 573.26M. Insiders hold about 0.25% of the company’s shares, while institutions hold 93.52% stake in the company. Shares short for EOG as of 1714435200 were 9563920 with a Short Ratio of 2.70, compared to 1711584000 on 9660441. Therefore, it implies a Short% of Shares Outstanding of 9563920 and a Short% of Float of 1.67.

Dividends & Splits

According to the company, the forward annual dividend rate for EOG is 3.47, from 3.47 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02680986The stock’s 5-year Average Dividend Yield is 2.25. The current Payout Ratio is 45.26% for EOG, which recently paid a dividend on 2024-04-15 with an ex-dividend date of 1721174400. Stock splits for the company last occurred on 2014-04-01 when the company split stock in a 2:1 ratio.

Most Popular