In a filing, EOG Resources, Inc revealed 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 $5.56 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 $5.67 million.
BofA Securities downgraded its EOG Resources, Inc [EOG] rating to a Neutral from a a Buy in a research note published on January 13, 2025; the price target was decreased to $144 from $151. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “a Peer perform” to “an Outperform”. Wells Fargo also remained covering EOG and has increased its forecast on December 17, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Piper Sandler revised its rating on November 18, 2024. It rated EOG as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of EOG
On Tuesday, EOG Resources, Inc [NYSE:EOG] saw its stock fall -1.30% to $130.25. Over the last five days, the stock has lost -4.26%. EOG Resources, Inc shares have risen nearly 6.26% since the year began. Nevertheless, the stocks have risen 13.41% over the past one year. While a 52-week high of $139.67 was reached on 01/16/25, a 52-week low of $108.94 was recorded on 01/02/25. SMA at 50 days reached $129.50, while 200 days put it at $127.34.
Levels Of Support And Resistance For EOG Stock
The 24-hour chart illustrates a support level at 128.81, which if violated will result in even more drops to 127.36. On the upside, there is a resistance level at 132.45. A further resistance level may holdings at 134.64. The Relative Strength Index (RSI) on the 14-day chart is 49.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.49%. Stochastics %K at 44.00% 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 2025-01-15, growing by 0.19 million shares to a total of 13.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 13.25 million shares. There was a rise of 1.45%, which implies that there is a positive sentiment for the stock.
