EOG Resources's most recent trend suggests a bullish bias. One trading opportunity on EOG Resources is a Bull Put Spread using a strike $93.00 short put and a strike $88.00 long put offers a potential 29.2% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $93.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock dropped below the $88.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for EOG Resources is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for EOG Resources is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for EOG Resources
EOG Resources Schedules Webcast of Third Quarter 2017 Results Conference Call for November 3, 2017
Thu, 21 Sep 2017 20:17:00 +0000
HOUSTON , Sept. 21, 2017 /PRNewswire/ — EOG Resources, Inc. (NYSE: EOG) ( EOG ) will host a conference call to discuss third quarter 2017 results on Friday, November 3, 2017 , at 9 a.m. Central time …
Natural Gas Price Drops After Big Storage Addition
Thu, 21 Sep 2017 14:55:39 +0000
The U.S. natural gas stockpile rose by 97 billion cubic feet last week, higher than analysts expectations. Natural gas had already been trading lower, and fell further on the news.
See what the IHS Markit Score report has to say about Eog Resources Inc.
Thu, 21 Sep 2017 12:05:35 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. There is no PMI sector data available for this security.
EOG Resources Appoints C. Christopher Gaut to Board of Directors
Wed, 20 Sep 2017 20:17:00 +0000
HOUSTON , Sept. 20, 2017 /PRNewswire/ — EOG Resources, Inc. (NYSE: EOG) (EOG) today announced the appointment of C. Christopher Gaut to its Board of Directors, effective October 1, 2017 . Gaut most recently …
Analyzing Marathon Oil’s Implied Volatility and Its Stock
Wed, 20 Sep 2017 14:37:15 +0000
As of September 15, 2017, Marathon Oil (MRO) had an implied volatility of ~32%, which is lower than its implied volatility of ~39.8% at the end of 2Q17.
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