Large Inflow of Money Detected in EOG Resources

EOG Resources (EOG) : On Monday, The money flowed into the EOG Resources (EOG) stock with an uptick to downtick ratio was recorded at 1.41. Transactions worth $61.7 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $43.91 million. The total money flow into the stock was $17.79 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $17.61 million of block transactions on upticks. The total money flow in block trades was $17.61 million. In terms of price action, EOG Resources (EOG) traded down $0.65 during the session at $90.55. Compared to the previous days closing, the stock was down only by -0.71%. For the week, the stock is 0.43%, over previous weeks closing.


EOG Resources, Inc. has dropped 0.12% in the last five trading days, however, the shares have posted positive gains of 7.67% in the last 4 weeks. EOG Resources, Inc. is up 12.44% in the last 3-month period. Year-to-Date the stock performance stands at 28.79%.

EOG Resources (NYSE:EOG): The stock opened at $91.51 on Monday but the bulls could not build on the opening and the stock topped out at $91.97 for the day. The stock traded down to $90.54 during the day, due to lack of any buying support eventually closed down at $90.55 with a loss of -0.71% for the day. The stock had closed at $91.20 on the previous day. The total traded volume was 2,794,091 shares.

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.

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