EOG Resources Inc. (NYSE:EOG) trading with a subtraction of -$1.46 to $88.95 on Thursday, a downside of -1.61 percent. An average of 3,851,996 shares of common stock have been traded in the last five days. There was a gain of $3.99 in the past week, and it reached a new high 34 times over the past 12 months. The last 20 days have seen an average of 4,930,204 shares traded, while the 50-day average volume stands at 4,732,708.
EOG stock has increased by 30.05% in the last month. The company shares reached their 1-month lowest point of $70.41 on 09/20/21. With the stock rallying to its 52-week high on 10/11/21, shares of the company touched a low of $30.83 and a high of $93.07 in 52 weeks. It has reached a new high 24 times so far this year and achieved 83.60% or $39.91 in price. In spite of this, the price is down -4.43% from the 52-week high.
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135 days have passed since EOG Resources Inc. (EOG) last reported insider trading activity. Boedeker Kenneth W., who is EVP Exploration and Production, most recently acquired $8,711 shares at $85.00 per share on Jun 01. In this transaction, the insider spent $740,444. President, Yacob Ezra Y, disposed of 3,273 shares at a price of $74.90 on Mar 12. The insider now owns more than $245,148 worth of shares. Prior to that, Chief Operating Officer Helms Lloyd W Jr went on to Sale 8,623 shares at $74.74 each on Mar 12. An amount of $644,466 was transacted.
EOG Resources Inc. (EOG) has a trailing price-to-earnings (P/E) ratio of 28.05, which compares with the 18.90 for the broader industry and 19.83 for the sector. In the last five years, EOG Resources Inc.’s PE ratio has ranged between 10941.00 and 6.305. The stock’s beta is 2.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.83, the price-to-book (PB) ratio at 2.51, and the price-to-cash flow ratio at 10.65.
EOG Resources Inc. pays a $1.65 dividend per share annually. It offers a dividend yield of 1.86%. The company has a payout ratio of 48.60%. The company’s most recent quarterly dividend payment was $0.4125 a share, representing a down of -142.42 from $1.00 last year. Its dividend has been increased for the last 4 consecutive years with the latest decrease dividend $0.5875 reported on Wednesday September 22 2021. Dividends have grown by 110.82% each year over the last three years.
EOG Resources Inc. will next go ex-dividend on 14-Jan-2022. The next dividend payment EOG Resources Inc. will make is expected to be $0.4125.
The quick ratio of EOG Resources Inc. for the three months ended June 29 was 1.60, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.24 and a total debt to equity ratio of 0.25 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 59.40% against a 5-year average of 56.9%. EOG Resources Inc.’s EBITDA margin for the year ending June 29 is 38.97%, while its operating margin for the same period stands at 19.80%. Its gross profit as reported stood at -$544.02 million compared to revenue of $11.03 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, EOG Resources Inc.’s return on assets was 5.20%, compared to 4.3% over the last five years. In the past year, the return on investment has been -1.60%, and the 5-year average is 6.5%. Meanwhile, the return on equity (ROE) for the past 12 months has been 9.20% and the 5-year average holds at 7.7%. For the broader industry, ROE averaged 12.45 over the past year.
For the three-month period that ended June 29, EOG Resources Inc. had $5.09 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $907.0 million in the quarter, while revenues of $677.0 million were grew 200.26%. The analyst consensus anticipated EOG Resources Inc.’s latest quarter earnings to come in at $1.56 per share, but it turned out to be $1.73, a 10.90% surprise. For the quarter, EBITDA amounted to $2.08 billion. Shareholders own equity worth $583.86 million.
From a technical analysis perspective, let’s take a brief look at EOG Resources Inc. (EOG) price momentum. RSI 9-day as of the close on 13 October was 73.98%, suggesting the stock is Overbought, with historical volatility in this time frame at 30.69%.
As of today, EOG’s price is $90.20 +4.65% or $3.99 from its 5-day moving average. EOG is currently trading +21.37% higher than its 20-day SMA and +12.03% higher than its 100-day SMA. However, the stock’s current price level is +26.92% above the SMA50 and +84.47% above the SMA200.
The stochastic %K and %D were 81.18% and 85.07%, respectively, and the average true range (ATR) was 2.94. With the 14-day stochastic at 75.00% and the average true range at 2.87, the RSI (14) stands at 72.36%. The stock has reached 1.56 on the 9-day MACD Oscillator while the 14-day reading was at 3.88.
BofA Securities downgraded EOG Resources Inc. (NYSE: EOG) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for EOG Resources Inc. (EOG) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell EOG, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 22 others rate it as a “buy”.
What is EOG’s price target for the next 12 months?
Analysts predict a range of price targets between $83.00 and $122.00, with a median target of $100.00. Taking a look at these predictions, the average price target given by analysts for EOG Resources Inc. (EOG) stock is $101.65.