Shares of EOG Resources Inc. (EOG) are declining more than 5 percent or $2.28 in Tuesday’s morning trade at $40.85. EOG Resources is a Houston, Texas-based oil and gas producer.
Crude oil prices are falling almost 8 percent on Tuesday amid worries about weak demand. WTI crude is trading at $36.68 a barrel, down $3.09 or 7.77 percent.
EOG Resources has traded in a range of $22.65 to $51.56 in the past 52 weeks.
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