EOG Resources Inc. (NYSE:EOG) traded today at a new 52-week high of $142.15. This new high was reached on below average trading volume as 946,000 shares traded hands, while the average 30-day volume is approximately 4 million shares.
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2021, it reported net proved reserves of 3.7 billion barrels of oil equivalent. Net production averaged 829 thousand barrels of oil equivalent per day in 2021 at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Potential upside of 6.0% exists for EOG Resources Inc., based on a current level of $140.91 and analysts’ average consensus price target of $149.41.
EOG Resources Inc. share prices have moved between a 52-week high of $142.15 and a 52-week low of $62.81 and are now trading 124% above that low price at $140.91 per share.
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