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Wednesday, September 27, 2023

The Question Is Whether To Buy Or Not To Buy EOG Resources Inc. (NYSE: EOG)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for EOG Resources Inc. (EOG) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $134.09. The EOG Resources Inc. has recorded 65,126 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that EOG Resources to Present at Upcoming Conference.

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Stocks Info

EOG Resources Inc. is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $134.09 and fluctuated between $134.22 as its day high and $131.41 as its day low. The current market capitalization of EOG Resources Inc. is $77.38B. A total of 2.43 million shares were traded on the day, compared to an average of 2.95M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, EOG has seen 16 BUY and 1 SELL insider trades, representing the acquisition of 2,907 and the disposition of 2,031 shares. Over the last 12 months, there were 140 BUYs and 72 SELLs from insiders. Insiders purchased 466,392 shares during that period but sold 321,935.

In the most recent transaction, Helms Lloyd W Jr sold 4,551 shares of EOG for 130.76 per share on Aug 15. After the transaction, the President & COO now owns 145,259 company shares. In a previous transaction on Jul 07, Leitzell Jeffrey R. sold 2,031 shares at 117.26 per share. EOG shares that EVP Exploration and Production owns now total 37,607.

Among the insiders who sold shares, Helms Lloyd W Jr disposed of 5,000 shares on Jun 07 at a per-share price of $115.87. This resulted in the President & COO holding 149,689 shares of EOG after the transaction. In another insider transaction, Helms Lloyd W Jr sold 7,677 shares at $116.15 per share on May 08. Company shares held by the President & COO now total 154,689.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. EOG Resources Inc. pays an annual dividend of $3.30, resulting in a dividend yield of 2.46%, and it has a price to earnings (P/E) ratio of 9.03. EOG’s most recent ex-dividend date was 10/16/2023 when it declared a $0.8250 quarterly dividend that was paid in cash on 10/31/2023. Previously, the company paid the dividend on 7/31/2023 with an ex-dividend date of 7/14/2023. The EOG stock dividend was $0.8250 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for EOG in the last 3 months, the mean price target is $147.31 with high estimates of $169.00 and low estimates of $113.00. In terms of 52-week highs and lows, EOG has a high of $147.74 and a low of $98.52.

As of this writing, EOG has an earnings estimate of $2.73 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $3.11 per share and a lower estimate of $2.33. The company reported an EPS of $2.69 in the last quarter, which was 8.50% higher than expectations of $2.48.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EOG’s latest balance sheet shows that the firm has $5.21B in Cash & Short Term Investments as of fiscal 2021. There were $5.35B in debt and $4.04B in liabilities at the time. Its Book Value Per Share was $45.27, while its Total Shareholder’s Equity was $22.18B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EOG is Buy with a score of 4.60.

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