Watch for Continued Gains in Shares of EOG Resources Inc. (EOG)

March 8, 2021 13:14:04

EOG Resources Inc. (NYSE:EOG) traded at a new 52-week high today of $75.80. This new high was reached on approximately average trading volume as 3.7 million shares traded hands, while the average 30-day volume is approximately 5.1 million shares.

EOG Resources Inc. share prices have moved between a 52-week high of $75.80 and a 52-week low of $27.00 and are now trading 178% above that low price at $75.00 per share.

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 2019, it reported net proved reserves of 3.3 billion barrels of oil equivalent. Net production averaged 818 thousand barrels of oil equivalent per day in 2019 at a ratio of 72% oil and natural gas liquids and 28% natural gas.

EOG Resources Inc. (NYSE:EOG) is currently priced 0.6% above its average consensus analyst price target of $74.57.

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