EOG Resources Inc (NYSE:EOG) EVP Ezra Y. Yacob sold 2,388 shares of the stock in a transaction that occurred on Wednesday, January 9th. The shares were sold at an average price of $98.77, for a total value of $235,862.76. Following the completion of the sale, the executive vice president now directly owns 45,424 shares of the company’s stock, valued at approximately $4,486,528.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
EOG opened at $99.12 on Friday. EOG Resources Inc has a 52 week low of $82.04 and a 52 week high of $133.53. The firm has a market cap of $57.52 billion, a PE ratio of 88.50, a PEG ratio of 1.18 and a beta of 1.27. The company has a quick ratio of 0.92, a current ratio of 1.09 and a debt-to-equity ratio of 0.28.
EOG Resources (NYSE:EOG) last released its quarterly earnings results on Friday, November 2nd. The energy exploration company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.56 by $0.19. The business had revenue of $4.78 billion during the quarter, compared to analyst estimates of $4.20 billion. EOG Resources had a return on equity of 16.79% and a net margin of 30.90%. The company’s quarterly revenue was up 80.8% on a year-over-year basis. During the same period last year, the business posted $0.19 earnings per share. Equities research analysts predict that EOG Resources Inc will post 5.85 earnings per share for the current fiscal year.
Several equities research analysts recently commented on the company. ValuEngine raised EOG Resources from a “sell” rating to a “hold” rating in a report on Thursday. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $106.00 price target on shares of EOG Resources in a report on Wednesday. Royal Bank of Canada raised EOG Resources from a “sector perform” rating to an “outperform” rating in a report on Monday. They noted that the move was a valuation call. Bank of America cut EOG Resources from a “buy” rating to a “neutral” rating and set a $115.00 price target for the company. in a report on Friday, January 4th. Finally, SunTrust Banks assumed coverage on EOG Resources in a research report on Monday, December 17th. They issued a “buy” rating and a $130.00 price objective for the company. Nine equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $133.21.
A number of large investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its holdings in EOG Resources by 2.9% in the fourth quarter. State of Alaska Department of Revenue now owns 88,860 shares of the energy exploration company’s stock valued at $7,747,000 after purchasing an additional 2,469 shares during the period. USS Investment Management Ltd boosted its holdings in EOG Resources by 1.8% in the fourth quarter. USS Investment Management Ltd now owns 1,344,116 shares of the energy exploration company’s stock valued at $117,227,000 after purchasing an additional 23,300 shares during the period. Moody National Bank Trust Division boosted its holdings in EOG Resources by 0.5% in the fourth quarter. Moody National Bank Trust Division now owns 82,144 shares of the energy exploration company’s stock valued at $7,163,000 after purchasing an additional 369 shares during the period. Bath Savings Trust Co boosted its holdings in EOG Resources by 8.1% in the fourth quarter. Bath Savings Trust Co now owns 7,056 shares of the energy exploration company’s stock valued at $615,000 after purchasing an additional 528 shares during the period. Finally, Cohen & Steers Inc. boosted its holdings in EOG Resources by 48.6% in the third quarter. Cohen & Steers Inc. now owns 137,439 shares of the energy exploration company’s stock valued at $17,533,000 after purchasing an additional 44,955 shares during the period. Hedge funds and other institutional investors own 85.53% of the company’s stock.
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EOG Resources Company Profile
EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the United Kingdom, the People's Republic of China, and Canada.
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