EOG Resources, Inc (NYSE:EOG) shares, rose in value on Wednesday, January 22, with the stock price down by -1.48% to the previous day’s close as strong demand from buyers drove the stock to $134.02.
Actively observing the price movement in the last trading, the stock closed the session at $136.04, falling within a range of $133.85 and $136.19. The value of beta (5-year monthly) was 1.289 whereas the PE ratio was 10.79 over 12-month period. Referring to stock’s 52-week performance, its high was $139.67, and the low was $108.94. On the whole, EOG has fluctuated by 12.03% over the past month.
With the market capitalization of EOG Resources, Inc currently standing at about $75.38 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 3.71, with its dividend yield at 2.76%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EOG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 10.79, with the price of EOG currently trading nearly 4.67% and 3.51% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.46, while the 7-day volatility ratio is showing 1.55% which for the 30-day chart, stands at 1.82%. Furthermore, EOG Resources, Inc (EOG)’s beta value is 1.28, and its average true range (ATR) is 2.58.
A comparison of EOG Resources, Inc (EOG) with its peers suggests the former has fared considerably weaker in the market. EOG showed an intraday change of -1.48% in last session, and over the past year, it grew by 21.65%%.
Data on historical trading for EOG Resources, Inc (NYSE:EOG) indicates that the trading volumes over the past 10 days have averaged 3.46 and over the past 3 months, they’ve averaged 3.05 million. According to company’s latest data on outstanding shares, there are 564.72 million shares outstanding.
Nearly 0.26% of EOG Resources, Inc’s shares belong to company insiders and institutional investors own 92.27% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.49 million shares as on 2024-12-31, resulting in a short ratio of 4.07. According to the data, the short interest in EOG Resources, Inc (EOG) stood at 240.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 12.91 million. The stock has risen by 9.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EOG stock heading into the next quarter.