Someone with a lot of money to spend has taken a bullish stance on EOG Resources (NYSE:EOG).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Eog Resources Inc's (NYSE:EOG) short percent of float has fallen 25.0% since its last report. The company recently reported that it has 5.26 million shares sold short, which is 0.9% of all regular shares that are available for trading.
EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years by 6.0% on an annualized basis producing an average annual return of 13.27%. Currently, EOG Resources has a market capitalization of $69.41 billion.