1 week Ago By ABMN Staff
EOG Resources, Inc. ( NYSE:EOG – Get Free Report ) COO Jeffrey R. Leitzell sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, December 31st.
The shares were sold at an average price of $120.89, for a total transaction of $483,560.00.
Following the completion of the sale, the chief operating officer now owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. The trade was a 8.
56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . EOG Resources Trading Up 1.
5 % Shares of EOG opened at $126.57 on Friday. EOG Resources, Inc.
has a fifty-two week low of $108.94 and a fifty-two week high of $139.67.
The stock has a fifty day moving average of $127.18 and a two-hundred day moving average of $126.39.
The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.
31. The company has a market capitalization of $71.19 billion, a PE ratio of 10.
19, a price-to-earnings-growth ratio of 3.39 and a beta of 1.29.
EOG Resources declared that its board has approved a share buyback plan on Thursday, November 7th that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the energy exploration company to reacquire up to 7% of its shares through open market purchases.
Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued. EOG Resources Increases Dividend Analyst Ratings Changes A number of analysts recently weighed in on EOG shares. Benchmark restated a “hold” rating on shares of EOG Resources in a research note on Tuesday, November 12th.
Truist Financial upped their price target on shares of EOG Resources from $115.00 to $135.00 and gave the stock a “hold” rating in a research note on Tuesday, November 12th.
UBS Group reduced their price objective on shares of EOG Resources from $167.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th.
Raymond James upped their target price on shares of EOG Resources from $156.00 to $167.00 and gave the stock a “strong-buy” rating in a research report on Thursday, November 21st.
Finally, Barclays decreased their price target on EOG Resources from $144.00 to $137.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 3rd.
Thirteen research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, EOG Resources has an average rating of “Hold” and a consensus target price of $143.
48. Get Our Latest Stock Report on EOG Resources Institutional Inflows and Outflows Institutional investors and hedge funds have recently modified their holdings of the stock. Northwest Investment Counselors LLC purchased a new stake in EOG Resources in the third quarter valued at approximately $26,000.
Eastern Bank purchased a new stake in shares of EOG Resources during the 3rd quarter valued at $28,000. Capital Performance Advisors LLP acquired a new stake in shares of EOG Resources during the 3rd quarter worth $31,000. HM Payson & Co.
raised its position in shares of EOG Resources by 203.7% in the 3rd quarter. HM Payson & Co.
now owns 328 shares of the energy exploration company’s stock worth $40,000 after buying an additional 220 shares during the period. Finally, Matrix Trust Co purchased a new stake in EOG Resources during the third quarter valued at about $43,000. Institutional investors and hedge funds own 89.
91% of the company’s stock. EOG Resources Company Profile ( Get Free Report ) EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.
Further Reading Receive News & Ratings for EOG Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources and related companies with MarketBeat.com's FREE daily email newsletter ..
