Michael P. Donaldson Sells 15,322 Shares of EOG Resources Inc (EOG) Stock

EOG Resources Inc (NYSE:EOG) EVP Michael P. Donaldson sold 15,322 shares of the business’s stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $114.26, for a total transaction of $1,750,691.72. Following the sale, the executive vice president now directly owns 59,917 shares of the company’s stock, valued at approximately $6,846,116.42. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

EOG Resources Inc (NYSE:EOG) opened at $115.70 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.11 and a current ratio of 1.27. EOG Resources Inc has a one year low of $81.99 and a one year high of $116.47. The firm has a market cap of $66,900.00, a price-to-earnings ratio of 11,570.00, a P/E/G ratio of 4.91 and a beta of 0.98.

EOG Resources (NYSE:EOG) last released its earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.07. The company had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.59 billion. EOG Resources had a net margin of 0.10% and a return on equity of 1.73%. EOG Resources’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.40) EPS. research analysts expect that EOG Resources Inc will post 0.89 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be paid a $0.1675 dividend. This represents a $0.67 annualized dividend and a yield of 0.58%. The ex-dividend date is Tuesday, January 16th. EOG Resources’s payout ratio is currently 6,700.00%.

A number of brokerages have recently issued reports on EOG. BMO Capital Markets reissued a “buy” rating and set a $120.00 price objective on shares of EOG Resources in a research report on Thursday. Zacks Investment Research downgraded shares of EOG Resources from a “buy” rating to a “hold” rating in a research report on Wednesday. Piper Jaffray Companies reissued a “buy” rating and set a $118.00 price objective on shares of EOG Resources in a research report on Tuesday, January 9th. Argus boosted their price objective on shares of EOG Resources to $133.00 and gave the company a “buy” rating in a research report on Monday, January 8th. Finally, Imperial Capital reissued an “outperform” rating and set a $120.00 price objective (up previously from $115.00) on shares of EOG Resources in a research report on Monday, January 8th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have issued a buy rating to the company. EOG Resources currently has a consensus rating of “Buy” and a consensus target price of $114.38.

A number of hedge funds have recently made changes to their positions in EOG. Schroder Investment Management Group lifted its stake in EOG Resources by 13.2% in the 2nd quarter. Schroder Investment Management Group now owns 12,110 shares of the energy exploration company’s stock worth $1,090,000 after purchasing an additional 1,415 shares in the last quarter. CI Global Investments Inc. lifted its stake in EOG Resources by 6,313.2% in the 2nd quarter. CI Global Investments Inc. now owns 346,697 shares of the energy exploration company’s stock worth $31,383,000 after purchasing an additional 341,291 shares in the last quarter. Wills Financial Group Inc. lifted its stake in EOG Resources by 5.5% in the 2nd quarter. Wills Financial Group Inc. now owns 12,059 shares of the energy exploration company’s stock worth $1,092,000 after purchasing an additional 626 shares in the last quarter. Dai Ichi Life Insurance Company Ltd lifted its stake in EOG Resources by 25.1% in the 2nd quarter. Dai Ichi Life Insurance Company Ltd now owns 66,593 shares of the energy exploration company’s stock worth $6,028,000 after purchasing an additional 13,358 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in EOG Resources by 12.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,747 shares of the energy exploration company’s stock worth $430,000 after purchasing an additional 527 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

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About EOG Resources

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

Insider Buying and Selling by Quarter for EOG Resources (NYSE:EOG)

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