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EOG
Stock ticker:
NYSE
AS OF
Aug 17 closing price
Price
$113.66
Change
+$1.23 (+1.09%)
Capitalization
65.88B

EOG Price Prediction, EOG Resources AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 17, 2022

EOG in upward trend: price rose above 50-day moving average on August 11, 2022

EOG moved above its 50-day moving average on August 11, 2022 date and that indicates a change from a downward trend to an upward trend. In 34 of 44 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 77%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EOG's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on August 05, 2022. You may want to consider a long position or call options on EOG as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EOG just turned positive on July 19, 2022. Looking at past instances where EOG's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EOG advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 283 cases where EOG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EOG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EOG broke above its upper Bollinger Band on August 11, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EOG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.952) is normal, around the industry mean (7.817). P/E Ratio (11.534) is within average values for comparable stocks, (16.429). Projected Growth (PEG Ratio) (1.943) is also within normal values, averaging (2.207). Dividend Yield (0.024) settles around the average of (0.072) among similar stocks. P/S Ratio (2.482) is also within normal values, averaging (187.922).

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published price charts
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published Earnings

EOG is expected to report earnings to rise 59.85% to $4.38 per share on November 03

EOG Resources EOG Stock Earnings Reports
Q3'22
Est.
$4.38
Q2'22
Beat
by $0.17
Q1'22
Beat
by $0.32
Q4'21
Missed
by $0.08
Q3'21
Beat
by $0.12
The last earnings report on August 04 showed earnings per share of $2.74, beating the estimate of $2.57. With 644.36K shares outstanding, the current market capitalization sits at 65.88B.
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A.I.Advisor
published Dividends

EOG paid dividends on July 29, 2022

EOG Resources EOG Stock Dividends
А dividend of $0.75 per share was paid with a record date of July 29, 2022, and an ex-dividend date of July 14, 2022. Read more...
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published Highlights

Notable companies

The most notable companies in this group are ConocoPhillips (NYSE:COP), EOG Resources (NYSE:EOG), Canadian Natural Resources Limited (NYSE:CNQ), Occidental Petroleum Corp (NYSE:OXY), Pioneer Natural Resource Co (NYSE:PXD), Devon Energy Corp (NYSE:DVN), Hess Corp (NYSE:HES), Continental Resources (NYSE:CLR), Diamondback Energy (NASDAQ:FANG), EQT Corp (NYSE:EQT).

Industry description

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

Market Cap

The average market capitalization across the Oil & Gas Production Industry is 3.45B. The market cap for tickers in the group ranges from 91 to 127.43B. COP holds the highest valuation in this group at 127.43B. The lowest valued company is TRSI at 91.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Production Industry was 3%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 20%. IGESF experienced the highest price growth at 192%, while SDXEF experienced the biggest fall at -51%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Production Industry was -51%. For the same stocks of the Industry, the average monthly volume growth was -59% and the average quarterly volume growth was -51%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 70
Price Growth Rating: 50
SMR Rating: 64
Profit Risk Rating: 75
Seasonality Score: 3 (-100 ... +100)
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EOG
Buy/Sell Ratings
 
 
Technical Analysis# Of IndicatorsAvg. Odds
   
   
 
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published General Information

General Information

a developer of natural gas and crude oil

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
Oil And Gas Production
Address
1111 Bagby
Phone
+1 713 651-7000
Employees
2800
Web
https://www.eogresources.com

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EOG and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, EOG has been closely correlated with COP. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if EOG jumps, then COP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EOG
1D Price
Change %
EOG100%
+1.11%
COP - EOG
90%
Closely correlated
+1.26%
MRO - EOG
88%
Closely correlated
+1.52%
FANG - EOG
87%
Closely correlated
+0.14%
PXD - EOG
86%
Closely correlated
+1.48%
HES - EOG
85%
Closely correlated
+1.70%
More