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The company’s stock performance contrasts with its recent intra-day peak of $123.90 reached earlier today. Trading volume for EOG remained consistent with its 50-day average at three million shares.
EOG Resources has been a strong performer in the oil and gas industry, leveraging a team that has helped boost annual sales figures significantly over the past five years. However, during this period, earnings per share (EPS) has seen an annual decrease.
The company’s market capitalization is noteworthy, valued in the billions with thousands of shares in circulation. Institutional entities hold over 90% of EOG’s shares, while insiders control less than 1%. In mid-August, there was a notable insider transaction when the President and COO sold off shares resulting in proceeds of approximately $600,000.
Financially, EOG Resources showcases robust profit margins across various measures—gross, operating, and pre-tax—all reporting positive percentages. Analysts project EPS for the upcoming fiscal period to be slightly above $13 but anticipate a potential 12% decline in the following year. Nonetheless, they maintain an optimistic long-term outlook, forecasting an approximate 54% rise in EPS over the next half-decade.
The company’s liquidity indicators are strong, with quick ratio figures above 2. Valuation ratios such as price-to-sales and price-to-free-cash-flow show multiples around 3 and 12, respectively, during the last full fiscal year. EOG’s 3Q revenues surpassed $6 billion.
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