EOG Resources Inc. (NYSE:EOG) Director Frank G. Wisner sold 2,026 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $92.65, for a total value of $187,708.90. Following the sale, the director now owns 113,125 shares of the company’s stock, valued at approximately $10,481,031.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of EOG Resources Inc. (NYSE:EOG) opened at 90.05 on Tuesday. The firm’s market cap is $49.59 billion. The firm’s 50-day moving average price is $89.82 and its 200-day moving average price is $82.07. EOG Resources Inc. has a 52 week low of $57.15 and a 52 week high of $95.93.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Friday, August 5th. The energy exploration company reported ($0.38) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.48) by $0.10. EOG Resources had a negative return on equity of 6.32% and a negative net margin of 72.18%. The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the company posted $0.28 earnings per share. EOG Resources’s revenue for the quarter was down 28.1% compared to the same quarter last year. Equities research analysts expect that EOG Resources Inc. will post ($1.67) EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Exane Derivatives increased its position in shares of EOG Resources by 0.3% in the first quarter. Exane Derivatives now owns 1,937 shares of the energy exploration company’s stock worth $141,000 after buying an additional 6 shares during the period. MAI Capital Management increased its position in shares of EOG Resources by 0.9% in the second quarter. MAI Capital Management now owns 2,907 shares of the energy exploration company’s stock worth $243,000 after buying an additional 26 shares during the period. Banced Corp increased its position in shares of EOG Resources by 0.9% in the first quarter. Banced Corp now owns 4,240 shares of the energy exploration company’s stock worth $308,000 after buying an additional 37 shares during the period. Citizens Financial Group Inc RI increased its position in shares of EOG Resources by 2.3% in the second quarter. Citizens Financial Group Inc RI now owns 1,680 shares of the energy exploration company’s stock worth $140,000 after buying an additional 38 shares during the period. Finally, Cue Financial Group Inc. increased its position in shares of EOG Resources by 0.3% in the first quarter. Cue Financial Group Inc. now owns 15,420 shares of the energy exploration company’s stock worth $1,119,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 89.23% of the company’s stock.

Several research analysts have issued reports on the company. Barclays PLC increased their price objective on EOG Resources from $80.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 24th. Credit Suisse Group AG reiterated a “hold” rating on shares of EOG Resources in a research report on Thursday, June 2nd. KLR Group cut EOG Resources from a “buy” rating to an “accumulate” rating and set a $90.00 price objective for the company. in a research report on Wednesday, May 25th. Royal Bank Of Canada increased their price objective on EOG Resources from $95.00 to $98.00 and gave the stock a “sector perform” rating in a research report on Wednesday, September 7th. Finally, Credit Agricole SA increased their price objective on EOG Resources from $93.00 to $98.00 and gave the stock an “underperform” rating in a research report on Wednesday, September 7th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $91.96.

EOG Resources Company Profile

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

5 Day Chart for NYSE:EOG

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