EOG Resources Inc. (NYSE: EOG) has reported E.P.S. of $2.97 for its third fiscal quarter (ending September 30) versus $3.51 for the same period a year ago — a decline of -15%. For the latest four quarters through September 30, E.P.S. were $12.48 compared to $13.55 a year ago — a decline of -8%.
Recent Price Action
EOG Resources Inc. (NYSE: EOG) stock declined slightly by -0.6% on 11/7/24. The stock closed at $126.46. However, trading volume in this decline was below average at 74% of normal. The stock has risen 4.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, EOG is expected to continue to be a major Value Builder.
EOG Resources has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. EOG Resources has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 37, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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