Eog Resources Inc (EOG) Files Form 4 Insider Selling : Frank G Wisner Sells 4,914 Shares

Eog Resources Inc (EOG): Frank G Wisner , director of Eog Resources Inc sold 4,914 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $73.27 per share for a total value of $360,048.78.

Company has been under the radar of several Street Analysts.EOG Resources Inc is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 6, 2016.EOG Resources Inc is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 85 from a previous price target of $83 .The Rating was issued on Mar 29, 2016.EOG Resources Inc is Resumed by RBC Capital Mkts to Sector Perform and the brokerage firm has set the Price Target at $80. The Rating was issued on Mar 18, 2016.EOG Resources Inc is Downgraded by Wunderlich to Hold while Lowering the Price Target of the company shares to $ 64 from a previous price target of $80 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 29, 2016.EOG Resources Inc is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 70 from a previous price target of $61 .The Rating was issued on Feb 29, 2016.

Currently the company Insiders own 0.52% of EOG Resources Inc shares according to the proxy statements.Institutional Investors own 87.82% of EOG Resources Inc shares.

EOG Resources Inc: On Monday, Apr 11, 2016 heightened volatility was witnessed in EOG Resources Inc which led to swings in the share price. The shares opened for trading at $73.88 and hit $74.78 on the upside , eventually ending the session at $74.01, with a gain of 0.73% or 0.54 points. The heightened volatility saw the trading volume jump to 34,57,517 shares. The 52-week high of the share price is $101.36 and the company has a market cap of $40,697 M . The 52-week low of the share price is at $57.15.

EOG Resources Inc Money Flow Index Chart

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.

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