Eog Resources Inc (EOG) Files Form 4 Insider Selling : Michael P Donaldson Sells 8,473 Shares

Eog Resources Inc (EOG): Michael P Donaldson , EVP, Gen. Counsel & Corp Sec of Eog Resources Inc sold 8,473 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $91.00 per share for a total value of $771,043.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 14, 2016, Frank G Wisner (director) sold 2,026 shares at $92.65 per share price.On Jul 11, 2016, Lloyd W Jr Helms (EVP, Exploration & Production) sold 4,875 shares at $81.83 per share price.Also, On Jun 10, 2016, Ann D. Janssen (VP, Accounting) sold 831 shares at $84.95 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 Tuesday, Sep 21, 2016 heightened volatility was witnessed in EOG Resources Inc which led to swings in the share price. The shares opened for trading at $90.16 and hit $91.85 on the upside , eventually ending the session at $90.4, with a gain of 0.39% or 0.35 points. The heightened volatility saw the trading volume jump to 30,50,139 shares. The 52-week high of the share price is $95.93 and the company has a market cap of $49,778 M . The 52-week low of the share price is at $57.15.

EOG Resources Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.EOG Resources Inc is Initiated by FBR & Co. to Outperform and the brokerage firm has set the Price Target at $108. The Rating was issued on Sep 13, 2016.EOG Resources Inc is Initiated by FBR Capital to Outperform and the brokerage firm has set the Price Target at $108. The Rating was issued on Sep 13, 2016.EOG Resources Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 98 from a previous price target of $95 .The Rating was issued on Sep 7, 2016.EOG Resources Inc is Upgraded by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 104 from a previous price target of $79 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Aug 8, 2016.EOG Resources Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 95 from a previous price target of $88 .The Rating was issued on Aug 8, 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.

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EOG Resources Inc - Is it time to Sell?

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