Shares of EOG Resources (EOG) Sees Large Inflow of Net Money Flow

EOG Resources (EOG) : Fridays money flow indicated an uptick to downtick ratio was at 1.63. The total value of inflow transactions on upticks was $56.05 million, whereas, the total value of outflow trades on downticks was $34.43 million. The total money flow was $21.61 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $23.09 million. The total value of the trades done on upticks was $23.09 million. EOG Resources (EOG) was trading with a -0.63% change over previous days close. It fell $0.51 during the day and reached $80.98. The stock was -3.71% compared to the previous weeks close.


EOG Resources (EOG) : 18 Wall Street analysts covering EOG Resources (EOG) believe that the average level the stock could reach for the short term is $87.72. The maximum price target given is $98 and the minimum target for short term is around $74, hence the standard deviation is calculated at $7.35.

EOG Resources (NYSE:EOG): On Fridays trading session , Opening price of the stock was $82.05 with an intraday high of $82.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $80.19. However, the stock managed to close at $80.98, a loss of 0.63% for the day. On the previous day, the stock had closed at $81.49. The total traded volume of the day was 2,620,092 shares.

In a related news, The Securities and Exchange Commission has divulged that Helms Lloyd W Jr, officer (EVP, Exploration & Production) of Eog Resources Inc, had unloaded 4,875 shares at an average price of $81.83 in a transaction dated on July 8, 2016. The total value of the transaction was worth $398,921.

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.

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