EOG Resources Inc. (NYSE:EOG) shares traded higher over the last trading session, gaining 3.79% on 05/14/21. The shares fell to a low of $80.54 before closing at $82.60. Intraday shares traded counted 4.04 million, which was 8.57% higher than its 30-day average trading volume of 4.42M. EOG’s previous close was $79.58 while the outstanding shares total 583.65M. The firm has a beta of 2.13, a 12-month trailing P/E ratio of 834.34, and a growth ratio of 15.32. The stock’s Relative Strength Index (RSI) is 63.46, with weekly volatility at 3.55% and ATR at 3.00. The EOG stock’s 52-week price range has touched low of $31.22 and a $86.60 high.
Investors have identified the Oil & Gas E&P company EOG Resources Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $46.44 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
EOG Resources Inc. (EOG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For EOG, the company has in raw cash 3.39 billion on their books with 39.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 6.19 billion total, with 3.31 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 5.86 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EOG sounds very interesting.
Is the stock of EOG attractive?
In related news, President, Yacob Ezra Y sold 3,273 shares of the company’s stock in a transaction that recorded on Mar 12. The sale was performed at an average price of 74.90, for a total value of 245,148. As the sale deal closes, the Chief Operating Officer, Helms Lloyd W Jr now sold 8,623 shares of the company’s stock, valued at 644,466. Also, EVP, Gen. Counsel & Corp Sec, Donaldson Michael P sold 6,223 shares of the company’s stock in a deal that was recorded on Mar 12. The shares were price at an average price of 74.98 per share, with a total market value of 466,625. Following this completion of acquisition, the EVP Exploration and Production, Boedeker Kenneth W. now holds 1,379 shares of the company’s stock, valued at 71,708. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
18 out of 35 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on EOG Resources Inc.. 0 analysts has assigned a Sell rating on the EOG stock. The 12-month mean consensus price target for the company’s shares has been set at $83.19.