EOG Stock Hits New 52-Week High (EOG)

NEW YORK ( TheStreet) -- EOG Resources (NYSE: EOG) hit a new 52-week high Wednesday as it is currently trading at $142.91, above its previous 52-week high of $142.53 with 77,573 shares traded as of 9:35 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

EOG has a market cap of $38.03 billion and is part of the basic materials sector and energy industry. Shares are up 15.7% year to date as of the close of trading on Tuesday.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas.

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TheStreet Ratings rates EOG as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full EOG Ratings Report.

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