Eog Resources Inc (EOG): Lloyd W Jr Helms , EVP, Exploration & Production of Eog Resources Inc sold 4,875 shares on Jul 8, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $81.83 per share for a total value of $398,891.31 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 10, 2016, Ann D. Janssen (VP, Accounting) sold 831 shares at $84.95 per share price.On Jun 9, 2016, Lloyd W Jr Helms (EVP, Exploration & Production) sold 4,875 shares at $85.92 per share price.Also, On Jun 8, 2016, Frank G Wisner (director) sold 3,108 shares at $84.13 per share price.On Mar 8, 2016, H Leighton Steward (director) sold 28,000 shares at $74.70 per share price.
EOG Resources Inc: On Friday, Jul 8, 2016 heightened volatility was witnessed in EOG Resources Inc which led to swings in the share price. The shares opened for trading at $82.84 and hit $83.07 on the upside , eventually ending the session at $82.54, with a gain of 1.14% or 0.93 points. The heightened volatility saw the trading volume jump to 19,80,107 shares. The 52-week high of the share price is $89.52 and the company has a market cap of $45,420 M . The 52-week low of the share price is at $57.15.
On Apr 27, 2016, EOG Resources Inc announced a cash dividend of $0.1675. The company’s management has announced Jul 13, 2016 as the ex-dividend date and fixed the record date on Jul 15, 2016. The payable date has been fixed on Jul 29, 2016.
Company has been under the radar of several Street Analysts.EOG Resources Inc is Initiated by Credit Agricole to Underperform. The Rating was issued on Jun 22, 2016.EOG Resources Inc is Downgraded by KLR Group to Accumulate. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 25, 2016.EOG Resources Inc is Downgraded by Johnson Rice to Hold. Earlier the firm had a rating of Accumulate on the company shares. The Rating was issued on May 19, 2016.EOG Resources Inc is Downgraded by Susquehanna to Neutral. Earlier the firm had a rating of Positive on the company shares. The Rating was issued on May 11, 2016.EOG Resources Inc is Downgraded by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 83 from a previous price target of $85 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 21, 2016.
EOG Resources Inc. (EOG) is engaged in the exploration development production and marketing of crude oil and natural gas. The Company operates in producing basins in the United States Canada The Republic of Trinidad and Tobago (Trinidad) the United Kingdom The People’s Republic of China (China) and the Argentine Republic (Argentina) among others. As of December 31 2014 EOG’s total estimated net proved reserves were 2497 million barrels of oil equivalent (MMBoe) of which 1140 million barrels (MMBbl) are crude oil and condensate reserves 467 MMBbl are natural gas liquids (NGLs) reserves and 5343 billion cubic feet or 890 MMBoe are natural gas reserves. As of December 31 2014 approximately 97% of the Company’s net proved reserves on a crude oil equivalent basis are located in the United States and 3% in Trinidad. Its operations are focused in the basins in the United States with a focus on crude oil.