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

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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.

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