Key Points
- COO Jeffrey Leitzell sold 2,000 shares on Feb. 19 at an average price of $125 for $250,000, reducing his holdings to 61,481 shares (a 3.15% decrease) per an SEC Form 4 filing.
- Wall Street sentiment is mixed with a consensus rating of "Hold" and a $134.30 average target, supported by a range of analyst views (1 Strong Buy, 11 Buy, 16 Hold, 1 Sell).
- EOG trades around $122.47 with a market cap of $66.45 billion and a P/E of 12.2, and a 12‑month range of $101.59 to $134.49.
EOG Resources, Inc. (NYSE:EOG - Get Free Report) COO Jeffrey Leitzell sold 2,000 shares of the company's stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the sale, the chief operating officer owned 61,481 shares of the company's stock, valued at $7,685,125. This represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
EOG Resources Stock Performance
Shares of EOG Resources stock opened at $122.47 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 1.43 and a debt-to-equity ratio of 0.25. The stock's fifty day moving average price is $109.60 and its 200-day moving average price is $111.54. The firm has a market cap of $66.45 billion, a P/E ratio of 12.20 and a beta of 0.49. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $134.49.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on EOG shares. Jefferies Financial Group set a $140.00 price objective on shares of EOG Resources in a research note on Wednesday, January 14th. Citigroup restated a "neutral" rating and set a $115.00 target price (down previously from $125.00) on shares of EOG Resources in a report on Wednesday, December 17th. BMO Capital Markets cut their price target on EOG Resources from $126.00 to $120.00 and set an "outperform" rating on the stock in a report on Monday, January 12th. Piper Sandler set a $123.00 price target on EOG Resources and gave the stock a "neutral" rating in a research report on Wednesday, January 28th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and set a $126.00 price objective (down previously from $144.00) on shares of EOG Resources in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, EOG Resources currently has an average rating of "Hold" and a consensus target price of $134.30.
Check Out Our Latest Analysis on EOG
Institutional Trading of EOG Resources
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Acumen Wealth Advisors LLC purchased a new position in EOG Resources during the 4th quarter worth $25,000. Caitong International Asset Management Co. Ltd boosted its holdings in EOG Resources by 10,950.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 221 shares of the energy exploration company's stock worth $26,000 after acquiring an additional 219 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in shares of EOG Resources during the fourth quarter worth about $26,000. Nemes Rush Group LLC acquired a new position in shares of EOG Resources during the fourth quarter valued at about $30,000. Finally, Gen Wealth Partners Inc purchased a new position in shares of EOG Resources in the 4th quarter valued at approximately $30,000. Hedge funds and other institutional investors own 89.91% of the company's stock.
About EOG Resources
(
Get Free Report)
EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).
As an upstream-focused company, EOG's core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.
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