EOG Resources Inc (NYSE:EOG) President Gary L. Thomas sold 2,000 shares of the stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $107.95, for a total transaction of $215,900.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

EOG Resources Inc (NYSE EOG) traded up $1.39 on Wednesday, reaching $109.30. 1,899,800 shares of the company’s stock traded hands, compared to its average volume of 1,838,950. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $64,380.00, a price-to-earnings ratio of 10,930.00, a PEG ratio of 5.01 and a beta of 0.98. EOG Resources Inc has a 12 month low of $81.99 and a 12 month high of $109.66.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.07. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.59 billion. EOG Resources had a net margin of 0.10% and a return on equity of 1.73%. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the business posted ($0.40) earnings per share. research analysts forecast 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. Shareholders of record on Wednesday, January 17th will be issued a $0.1675 dividend. The ex-dividend date is Tuesday, January 16th. This represents a $0.67 annualized dividend and a yield of 0.61%. EOG Resources’s dividend payout ratio (DPR) is presently 6,700.00%.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC raised its holdings in shares of EOG Resources by 0.5% during the second quarter. Quadrant Capital Group LLC now owns 5,007 shares of the energy exploration company’s stock worth $418,000 after acquiring an additional 23 shares during the period. Frontier Wealth Management LLC raised its holdings in shares of EOG Resources by 2.5% during the second quarter. Frontier Wealth Management LLC now owns 2,361 shares of the energy exploration company’s stock worth $214,000 after acquiring an additional 58 shares during the period. Wunderlich Capital Managemnt raised its holdings in shares of EOG Resources by 3.1% during the second quarter. Wunderlich Capital Managemnt now owns 2,887 shares of the energy exploration company’s stock worth $261,000 after acquiring an additional 87 shares during the period. Boulegeris Investments Inc. raised its holdings in shares of EOG Resources by 0.9% during the second quarter. Boulegeris Investments Inc. now owns 12,875 shares of the energy exploration company’s stock worth $1,165,000 after acquiring an additional 115 shares during the period. Finally, National Asset Management Inc. raised its holdings in shares of EOG Resources by 4.4% during the second quarter. National Asset Management Inc. now owns 2,796 shares of the energy exploration company’s stock worth $254,000 after acquiring an additional 119 shares during the period. Institutional investors own 85.25% of the company’s stock.

Several research firms have recently commented on EOG. Citigroup raised shares of EOG Resources from a “neutral” rating to a “buy” rating and set a $125.00 price target on the stock in a research note on Wednesday. Royal Bank of Canada increased their price target on shares of EOG Resources from $107.00 to $110.00 and gave the company a “sector perform” rating in a research note on Tuesday, November 7th. Jefferies Group increased their price target on shares of EOG Resources from $95.00 to $99.00 and gave the company a “hold” rating in a research note on Tuesday, November 7th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $106.00 price objective on shares of EOG Resources in a research note on Wednesday, November 22nd. Finally, Barclays raised their price objective on shares of EOG Resources from $117.00 to $120.00 and gave the company an “overweight” rating in a research note on Monday, November 20th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eighteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average 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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