EOG Resources Inc (EOG) EVP Michael P. Donaldson Sells 15,322 Shares
EOG Resources Inc (NYSE:EOG) EVP Michael P. Donaldson sold 15,322 shares of the stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $114.26, for a total value of $1,750,691.72. Following the completion of the transaction, the executive vice president now owns 59,917 shares of the company’s stock, valued at approximately $6,846,116.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of EOG Resources Inc (NYSE EOG) traded up $0.56 during trading on Friday, hitting $115.70. The stock had a trading volume of 2,025,262 shares, compared to its average volume of 2,500,000. The firm has a market cap of $66,900.00, a price-to-earnings ratio of 11,570.00, a price-to-earnings-growth ratio of 4.91 and a beta of 0.98. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46. EOG Resources Inc has a fifty-two week low of $81.99 and a fifty-two week high of $116.47.
EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.07. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.59 billion. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. The firm’s revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the company earned ($0.40) EPS. equities research analysts predict that EOG Resources Inc will post 0.89 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th will be issued a dividend of $0.1675 per share. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $0.67 annualized dividend and a dividend yield of 0.58%. EOG Resources’s dividend payout ratio is 6,700.00%.
A number of equities analysts recently weighed in on the company. Zacks Investment Research lowered EOG Resources from a “buy” rating to a “hold” rating in a research report on Wednesday. BMO Capital Markets restated a “buy” rating and set a $120.00 price objective on shares of EOG Resources in a research report on Thursday. Jefferies Group raised their price objective on EOG Resources from $95.00 to $99.00 and gave the stock a “hold” rating in a research report on Tuesday, November 7th. Royal Bank of Canada set a $107.00 price objective on EOG Resources and gave the stock a “hold” rating in a research report on Tuesday, October 10th. Finally, Stifel Nicolaus set a $106.00 price objective on EOG Resources and gave the stock a “buy” rating in a research report on Thursday, October 5th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nineteen have given a buy rating to the stock. EOG Resources currently has a consensus rating of “Buy” and a consensus target price of $114.38.
Several institutional investors have recently made changes to their positions in the company. Sheets Smith Wealth Management acquired a new stake in shares of EOG Resources during the 4th quarter valued at about $410,000. Nisa Investment Advisors LLC lifted its holdings in shares of EOG Resources by 0.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 209,746 shares of the energy exploration company’s stock valued at $22,633,000 after buying an additional 1,890 shares during the last quarter. Chelsea Counsel Co. lifted its holdings in shares of EOG Resources by 42.4% during the 4th quarter. Chelsea Counsel Co. now owns 21,875 shares of the energy exploration company’s stock valued at $2,360,000 after buying an additional 6,510 shares during the last quarter. Montrusco Bolton Investments Inc. lifted its holdings in shares of EOG Resources by 37.9% during the 4th quarter. Montrusco Bolton Investments Inc. now owns 138,291 shares of the energy exploration company’s stock valued at $14,883,000 after buying an additional 38,037 shares during the last quarter. Finally, Trust Co lifted its holdings in shares of EOG Resources by 15.6% during the 3rd quarter. Trust Co now owns 4,640 shares of the energy exploration company’s stock valued at $449,000 after buying an additional 626 shares during the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.
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EOG Resources Company Profile
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.
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