This evening we watched EOG Resources rise 3.1% to a price of $120.6 per share. The large-cap Oil & Gas Drilling company is now trading -18.22% below its average target price of $147.46. Analysts have set target prices ranging from $113.0 to $172.0 per share for EOG Resources, and have given the stock an average rating of buy.
EOG Resources's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.4%. The stock's short ratio is 2.5. The company's insiders own 0.49% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 91.0%. In conclusion, we believe there is mixed market sentiment regarding EOG Resources.
Institutions Invested in EOG Resources
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 9% | 54,067,704 | $6,520,565,019 |
| 2023-09-30 | Blackrock Inc. | 7% | 40,441,979 | $4,877,302,605 |
| 2023-09-30 | Capital Research Global Investors | 6% | 36,277,283 | $4,375,040,274 |
| 2023-09-30 | State Street Corporation | 6% | 34,683,397 | $4,182,817,625 |
| 2023-09-30 | JP Morgan Chase & Company | 5% | 29,369,421 | $3,541,952,127 |
| 2023-09-30 | Wellington Management Group, LLP | 4% | 23,604,339 | $2,846,683,247 |
| 2023-09-30 | Capital World Investors | 3% | 15,965,295 | $1,925,414,552 |
| 2023-09-30 | Charles Schwab Investment Management, Inc. | 2% | 12,937,070 | $1,560,210,622 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 12,474,863 | $1,504,468,458 |
| 2023-09-30 | Capital International Investors | 2% | 12,125,554 | $1,462,341,793 |
