On Tuesday, EOG Resources got an upgrade to its Relative Strength (RS) Rating, from 65 to 73.
IBD's unique RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating north of 80 as they launch their biggest price moves. See if EOG Resources can continue to rebound and hit that benchmark.
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EOG Resources is building a consolidation with a 139.67 buy point. See if it can clear the breakout price in heavy trading.
Earnings growth moved up last quarter from -16% to -11%, but sales fell from -4% to -12%.
The company earns the No. 9 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources, Range Resources and LandBridge are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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