EOG Resources, Inc. s chart and data analysis indicates that the stock price has dropped -7.17% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.94% . Looking at the past 52 week period, the stock price is up at 42.67% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of EOG Resources, Inc. has a positive value of 39.3 compared to overall market.
EOG Resources, Inc. stock has recorded a 20-day Moving Average of 3.9% and the 50-Day Moving Average is 5.93%.The 200 Day SMA reached 4.64%EOG Resources, Inc. is having a Relative Strength Index of 34.68 which indicates the stock is not yet over sold or over bought based on the technical indicators.EOG Resources, Inc. (NYSE:EOG) has tumbled 2.76% during the past week and has dropped 6.41% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.42%. EOG Resources, Inc. (NYSE:EOG) has underperformed the index by 9.29% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
EOG Resources, Inc. (NYSE:EOG) stock ended Friday session in the red zone in a volatile trading. The stock closed down 1.27 points or 1.3% at $96.3 with 3,590,310 shares getting traded. Post opening the session at $96.52, the shares hit an intraday low of $95.65 and an intraday high of $97.5 and the price was in this range throughout the day. The company has a market cap of $55,513 million and the number of outstanding shares has been calculated to be 576,457,690 shares. The 52-week high of EOG Resources, Inc. (NYSE:EOG) is $109.37 and the 52-week low is $62.53.
Currently the company Insiders own 0.52% of EOG Resources, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.15% . Institutional Investors own 86.05% of EOG Resources, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -5.37%. Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Frank G Wisner (director) sold 1,000 shares at 102.94 per share price.On Dec 19, 2016, Donald F Textor (director) sold 6,402 shares at 103.29 per share price.On Dec 2, 2016, Michael P Donaldson (EVP, Gen. Counsel & Corp Sec) sold 2,931 shares at 106.54 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.EOG Resources Inc was Upgraded by BofA/Merrill to Buy on Jan 4, 2017. Company shares were Reiterated by FBR & Co. on Dec 13, 2016 to Outperform, Raises Price Target to $ 128 from a previous price target of $108 .Company shares were Upgraded by Stifel on Dec 1, 2016 to Buy, Raises Price Target to $ 120 from a previous price target of $95 .
EOG Resources Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $-0.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $-0.31. The company had revenue of $2118.50 million for the quarter, compared to analysts expectations of $1866.82 million. The companys revenue was down -2.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.02 EPS.
EOG Resources, Inc. is engaged, either directly or through a marketing subsidiary with regard to domestic operations or through various subsidiaries with regard to international operations, in the exploration for, and the development, production and marketing of, natural gas and crude oil primarily in major producing basins in the United States, as well as in Canada and Trinidad. The companys business strategy is to maximize the rate of return on investment of capital by controlling all operating and capital costs.