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The EOG Tug-of-War: 2023’s Market Gains and Losses Analyzed

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 12.62%.However, over the last six months, we can see a weaker performance of 4.28%. Over the last 30 days, the price of EOG has fallen by 8.90%. And in the last five days, it has surged by 7.47%.

EOG Resources, Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $139.67 on 04/12/24 and the lowest value was $108.94 on 02/05/24.

52-week price history of EOG Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. EOG Resources, Inc’s current trading price is -1.16% away from its 52-week high, while its distance from the 52-week low is 26.72%. The stock’s price range during this period has varied between$108.94 and $139.67. The EOG Resources, Inc’s shares, which operate in the Energy, saw a trading volume of around 2.72 million for the day, a figure considerably lower than their average daily volume of 3.02 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

EOG Resources, Inc (EOG) has experienced a quarterly rise of 8.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 77.65B and boasts a workforce of 3050 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 127.10, with a change in price of +12.83. Similarly, EOG Resources, Inc recorded 3,117,668 in trading volume during the last 100 days, posting a change of +10.25%.

EOG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for EOG stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.13.

EOG Stock Stochastic Average

EOG Resources, Inc’s raw stochastic average for the past 50 days is presently 99.37%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 99.37%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 99.16% and 95.46%, respectively.