EOG Resources Inc. shares rallied 3.76% to $74.19 Wednesday. This proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.82% to 4,358.69 and the Dow Jones Industrial Average DJIA rising 0.83% to 34,798.00.
EOG Resources Inc. closed $13.80 below its 52-week high ($87.99), which the company achieved on June 7th. The stock underperformed when compared to some of its competitors Wednesday, as ConocoPhillips COP rose 4.68% to $57.02, Pioneer Natural Resources Co. PXD rose 4.42% to $145.09, and Occidental Petroleum Corp. OXY rose 7.13% to $27.18.
EOG Resources Inc trading volume (8.1 M) eclipsed its 50-day average volume of 4.1 M.This was the stock’s second consecutive day of gains. In the last trading session, 7.21 million shares of EOG Resources were traded, and its beta was 2.18. Most recently the company’s share price was $71.50, and it changed around $1.16 or 1.65% from the last close, which brings the market valuation of the company to $43.02B.
EOG currently trades at a discount to its 52-week high of $86.89, offering almost -21.52% off that amount. The share price’s 52-week low was $30.83, which indicates that the current value has risen by an impressive 56.88% since then. We note from EOG Resources Inc. average daily trading volume that its 10-day average is 4.11 million shares, with the 3-month average coming to 4.16 million.