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    Eog stock price touched $127

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    EOG stock price touched $127.45 on strong crude futures performance. The stock remains above its 200-day moving average, reinforcing long-term bullish sentiment among technical analysts. Shares of COP have declined 3.4% over the past year compared with the 13.6% dip of the composite stocks belonging to the industry. Based on what you pay per dollar of sales or profit, EOG stock appears inexpensive when compared to the broader market. EOG stock price gained 2.5% on the back of bullish EIA inventory data showing a larger-than-expected crude drawdown. Chart patterns imply a short-term resistance near $128.

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