EOG Resources (EOG) has been under a strong bear grip, hence the stock is down -0.39% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.39% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.89% in the last 1 week, and is up 3.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 1.72% and the 50-Day Moving Average is 2.87%.
EOG Resources (NYSE:EOG): The stock opened at $84.51 on Friday but the bulls could not build on the opening and the stock topped out at $84.90 for the day. The stock traded down to $83.64 during the day, due to lack of any buying support eventually closed down at $84.10 with a loss of -0.63% for the day. The stock had closed at $84.63 on the previous day. The total traded volume was 2,473,836 shares.
The company Insiders own 0.52% of EOG Resources shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.68% . Institutional Investors own 92.22% of EOG Resources shares. During last six month period, the net percent change held by insiders has seen a change of -6.44%. In a related news,The officer (EVP, Exploration & Production) of Eog Resources Inc, Helms Lloyd W Jr sold 4,875 shares at $81.83 on July 8, 2016. The Insider selling transaction had a total value worth of $398,921. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
EOG Resources, Inc. (EOG), is engaged in the exploration, development, production and marketing of crude oil and natural gas. The Company operates in producing basins in the United States, Canada, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The Peoples Republic of China (China) and the Argentine Republic (Argentina), among others. As of December 31, 2014, EOGs total estimated net proved reserves were 2,497 million barrels of oil equivalent (MMBoe), of which 1,140 million barrels (MMBbl) are crude oil and condensate reserves, 467 MMBbl are natural gas liquids (NGLs) reserves and 5,343 billion cubic feet, or 890 MMBoe, are natural gas reserves. As of December 31, 2014, approximately 97% of the Companys net proved reserves, on a crude oil equivalent basis, are located in the United States and 3% in Trinidad. Its operations are focused in the basins in the United States, with a focus on crude oil.