| EOG Resources, together with its subsidiaries, explores for, develops, produces and markets crude oil and natural gas primarily in main producing basins in the U.S., The Republic of Trinidad and Tobago, The People's Republic of China, Canada and, from time to time, select other international areas. |
When researching a stock like EOG Resources, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from EOG Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for EOG stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the EOG 200 day moving average ("EOG 200 DMA"), while one of the most popular "shorter look-backs" is the EOG 50 day moving average ("EOG 50 DMA"). A chart showing both of these popular moving averages is shown on this page for EOG Resources.