Stocks of EOG Resources, Inc (NYSE:EOG) traded higher last session on Wall Street, down -0.51% to $124.30.
EOG stock price is now -3.68% away from the 50-day moving average and -1.96% away from the 200-day moving average. The market capitalization of the company currently stands at $68.85B.
With the price target enhanced from $150 to $155, RBC Capital Mkts Upgraded its rating from Sector Perform to Outperform for EOG Resources, Inc (NYSE: EOG). On January 13, 2025, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $151 to quote $144, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Leitzell Jeffrey R., EVP & COO sold 4,000 shares of the company’s stock on Dec 31 ’24. The stock was sold for $483,560 at an average price of $120.89. Upon completion of the transaction, the EVP & COO now directly owns 42,703 shares in the company, valued at $5.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 31 ’24, Officer Leitzell Jeffrey R. bought 4,000 shares of the business’s stock. A total of $483,560 was incurred on buying the stock at an average price of $120.89. A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, EOG Resources, Inc has had a low of $115.78 and a high of $139.67. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 2.10, and a quick ratio of 1.91. According to the stock market information, the enterprise value for the company is $67553042432, which is based on a 11.07 price-to-earnings ratio, a 4.94 price-to-earnings-growth ratio, and a beta of 0.95. The fifty day moving average price for EOG is $129.0446 and a two-hundred day moving average price translates $126.787 for the stock.
The latest earnings results from EOG Resources, Inc (NYSE: EOG) was released for 2024-12-31. The net profit margin was 27.27% and return on equity was 22.29% for EOG. The company reported revenue of $5.58 billion for the quarter, compared to $6.36 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.14 percent.
