EOG Resources reported a 24.5% rise in short interest in August, reaching 11.9 million shares.

EOG Resources, Inc. (NYSE: EOG) reported a 24.5% rise in short interest in August, totaling 11.9 million shares. The stock has a "Hold" rating and an average price target of $143.58. EOG's Q2 earnings surpassed expectations at $3.16 EPS, up from $2.49 a year prior. The company declared a quarterly dividend of $0.91. Recent insider sales totaled over $2.7 million, while institutional investors adjusted their stakes in the company.

September 17, 2024
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