EOG Resources (EOG) Offering Possible 17.92% Return Over the Next 14 Calendar Days

EOG Resources's most recent trend suggests a bearish bias. One trading opportunity on EOG Resources is a Bear Call Spread using a strike $66.00 short call and a strike $71.00 long call offers a potential 17.92% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $66.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock rose above the $71.00 long call 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 down which suggests that the medium-term momentum for EOG Resources is bearish.

The RSI indicator is at 29.24 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for EOG Resources

Edited Transcript of EOG earnings conference call or presentation 28-Feb-20 3:00pm GMT
Thu, 05 Mar 2020 00:08:59 +0000
Q4 2019 EOG Resources Inc Earnings Call

Bill Nygren Sells 2 Energy Stocks in 4th Quarter
Wed, 04 Mar 2020 17:00:24 +0000
Guru notes the sales do not reflect the fund’s stance on sector’s attractiveness Continue reading…

Oil & Gas Stock Roundup: EOG, Occidental & Apache Report Q4 Earnings
Tue, 03 Mar 2020 14:57:02 +0000
EOG Resources (EOG) boosted its dividend, Occidental (OXY) lowered debt by nearly $2 billion in Q4, while Apache (APA) reported record oil production from the Permian Basin.

EOG Resources (EOG) Looks Good: Stock Adds 5.4% in Session
Mon, 02 Mar 2020 12:42:12 +0000
EOG Resources (EOG) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

EOG Resources, Inc. Yearly Results: Here's What Analysts Are Forecasting For Next Year
Sat, 29 Feb 2020 14:05:43 +0000
It's been a sad week for EOG Resources, Inc. (NYSE:EOG), who've watched their investment drop 15% to US$63.26 in the…

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