EOG Resources Inc (NYSE:EOG) President Gary L. Thomas sold 2,000 shares of the business’s stock in a transaction dated Saturday, December 29th. The shares were sold at an average price of $107.95, for a total transaction of $215,900.00. Following the completion of the sale, the president now directly owns 1,046,430 shares of the company’s stock, valued at approximately $112,962,118.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

EOG Resources Inc (NYSE:EOG) traded up $1.39 during trading on Wednesday, hitting $109.30. The company’s stock had a trading volume of 1,899,800 shares, compared to its average volume of 1,838,950. The company has a market cap of $63,990.00, a PE ratio of 10,930.00, a price-to-earnings-growth ratio of 5.01 and a beta of 0.98. EOG Resources Inc has a 52-week low of $81.99 and a 52-week high of $109.66. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.27 and a quick ratio of 1.11.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.07. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.59 billion. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. The company’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.40) EPS. sell-side analysts expect that EOG Resources Inc will post 0.88 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th will be issued a $0.1675 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date is Tuesday, January 16th. EOG Resources’s dividend payout ratio is currently 6,700.00%.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Capital Research Global Investors lifted its holdings in shares of EOG Resources by 14.7% in the 2nd quarter. Capital Research Global Investors now owns 41,839,695 shares of the energy exploration company’s stock worth $3,787,329,000 after purchasing an additional 5,368,941 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of EOG Resources by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 41,179,515 shares of the energy exploration company’s stock worth $3,727,570,000 after purchasing an additional 1,058,276 shares in the last quarter. Capital World Investors lifted its holdings in shares of EOG Resources by 9.9% in the 2nd quarter. Capital World Investors now owns 17,461,968 shares of the energy exploration company’s stock worth $1,580,657,000 after purchasing an additional 1,568,085 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of EOG Resources by 8.7% in the 2nd quarter. Northern Trust Corp now owns 8,001,255 shares of the energy exploration company’s stock worth $724,272,000 after purchasing an additional 638,183 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of EOG Resources by 8.0% in the 2nd quarter. Alliancebernstein L.P. now owns 6,914,602 shares of the energy exploration company’s stock worth $625,910,000 after purchasing an additional 511,099 shares in the last quarter. Institutional investors own 85.25% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird reduced their target price on shares of EOG Resources from $115.00 to $114.00 and set an “outperform” rating for the company in a research report on Monday, December 18th. Imperial Capital assumed coverage on shares of EOG Resources in a research report on Thursday, September 28th. They issued an “outperform” rating and a $115.00 target price for the company. Morgan Stanley raised shares of EOG Resources from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $97.00 to $106.00 in a research report on Tuesday, September 12th. Barclays boosted their target price on shares of EOG Resources from $117.00 to $120.00 and gave the company an “overweight” rating in a research report on Monday, November 20th. Finally, BMO Capital Markets set a $105.00 target price on shares of EOG Resources and gave the company a “buy” rating in a research report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eighteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $110.73.

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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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