EOG Resources, Inc’s recently made public that its EVP & COO Leitzell Jeffrey R. unloaded Company’s shares for reported $0.48 million on Dec 31 ’24. In the deal valued at $120.89 per share,4,000 shares were sold. As a result of this transaction, Leitzell Jeffrey R. now holds 42,703 shares worth roughly $5.4 million.
Then, Leitzell Jeffrey R. bought 4,000 shares, generating $483,560 in total proceeds.
Before that, CLARK JANET F sold 568 shares. EOG Resources, Inc shares valued at $76,867 were divested by the Director at a price of $135.33 per share. As a result of the transaction, CLARK JANET F now holds 43,532 shares, worth roughly $5.51 million.
Wolfe Research upgraded its EOG Resources, Inc [EOG] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. Piper Sandler also remained covering EOG and has decreased its forecast on November 18, 2024 with a “Neutral” recommendation from previously “an Overweight” rating.
Price Performance Review of EOG
On Friday, EOG Resources, Inc [NYSE:EOG] saw its stock jump 1.49% to $126.57. Over the last five days, the stock has gained 5.12%. EOG Resources, Inc shares have risen nearly 3.26% since the year began. Nevertheless, the stocks have risen 1.27% over the past one year. While a 52-week high of $139.67 was reached on 01/03/25, a 52-week low of $108.94 was recorded on 01/02/25. SMA at 50 days reached $127.17, while 200 days put it at $127.17.
Levels Of Support And Resistance For EOG Stock
The 24-hour chart illustrates a support level at 125.55, which if violated will result in even more drops to 124.52. On the upside, there is a resistance level at 127.27. A further resistance level may holdings at 127.96. The Relative Strength Index (RSI) on the 14-day chart is 55.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.60%. Stochastics %K at 70.91% indicates the stock is a holding.
How much short interest is there in EOG Resources, Inc?
A steep rise in short interest was recorded in EOG Resources, Inc stocks on 2024-12-13, dropping by 36204.0 shares to a total of 13.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 13.28 million shares. There was a decline of -0.27%, which implies that there is a negative sentiment for the stock.
