EOG

Market Inference Brief -- EOG Stock

Large-cap Energy company EOG Resources has logged a 2.9% change today on a trading volume of 3,524,647. The average volume for the stock is 2,939,130.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. Based in Houston, United States the company has 3,050 full time employees and a market cap of $76,235,407,360. EOG Resources currently offers its equity investors a dividend that yields 2.7% per year.

The company is now trading -8.94% away from its average analyst target price of $145.68 per share. The 28 analysts following the stock have set target prices ranging from $125.0 to $169.0, and on average give EOG Resources a rating of buy.

Over the last 52 weeks, EOG stock has risen 5.0%, which amounts to a -18.6% difference compared to the S&P 500. The stock's 52 week high is $139.67 whereas its 52 week low is $108.94 per share. Based on EOG Resources's average net margin growth of 7.8% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 24,186,000 7,594,000 31 3.33
2022 25,702,000 7,759,000 30 20.0
2021 18,642,000 4,664,000 25 600.0
2020 11,032,000 -605,000 -5 -131.25
2019 17,380,000 2,735,000 16 -20.0
2018 17,275,399 3,419,040 20
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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