EOG Resources Inc. (NYSE:EOG) shares dropped 3.1% on Monday . The company traded as low as $78.19 and last traded at $78.51, with a volume of 1,899,123 shares changing hands. The stock had previously closed at $80.98.

EOG has been the subject of a number of recent analyst reports. KLR Group lowered EOG Resources from a “buy” rating to an “accumulate” rating and set a $90.00 target price for the company. in a report on Wednesday, May 25th. Canaccord Genuity upgraded EOG Resources from a “hold” rating to a “buy” rating in a research report on Monday, May 9th. Deutsche Bank AG lifted their price target on EOG Resources from $83.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday, March 29th. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of EOG Resources in a research report on Thursday, April 14th. Finally, Zacks Investment Research upgraded EOG Resources from a “hold” rating to a “buy” rating and set a $94.00 price target for the company in a research report on Monday, July 18th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $82.36.

The firm’s market cap is $43.33 billion. The stock’s 50-day moving average price is $82.69 and its 200 day moving average price is $75.87.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, May 5th. The energy exploration company reported ($0.83) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.84) by $0.01. The firm earned $1.35 billion during the quarter, compared to analyst estimates of $1.70 billion. EOG Resources’s revenue for the quarter was down 41.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. On average, analysts predict that EOG Resources Inc. will post ($1.84) EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 29th. Investors of record on Friday, July 15th will be given a $0.1675 dividend. The ex-dividend date of this dividend is Wednesday, July 13th. This represents a $0.67 dividend on an annualized basis and a yield of 0.85%.

In related news, EVP Lloyd W. Helms, Jr. sold 4,875 shares of the firm’s stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $85.91, for a total value of $418,811.25. Following the completion of the sale, the executive vice president now owns 58,867 shares in the company, valued at $5,057,263.97. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Ann D. Janssen sold 831 shares of the firm’s stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $84.95, for a total transaction of $70,593.45. Following the completion of the sale, the vice president now owns 57,598 shares of the company’s stock, valued at approximately $4,892,950.10. The disclosure for this sale can be found here.

Several large investors recently bought and sold shares of EOG. Private Advisor Group LLC increased its stake in EOG Resources by 0.7% in the fourth quarter. Private Advisor Group LLC now owns 14,672 shares of the energy exploration company’s stock worth $1,039,000 after buying an additional 103 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in EOG Resources by 0.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 75,671 shares of the energy exploration company’s stock worth $5,357,000 after buying an additional 219 shares during the last quarter. Tredje AP fonden increased its stake in EOG Resources by 1.6% in the fourth quarter. Tredje AP fonden now owns 35,985 shares of the energy exploration company’s stock worth $2,547,000 after buying an additional 561 shares during the last quarter. American National Bank & Trust Co. VA increased its stake in EOG Resources by 2.5% in the fourth quarter. American National Bank & Trust Co. VA now owns 25,339 shares of the energy exploration company’s stock worth $1,793,000 after buying an additional 607 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its stake in EOG Resources by 0.7% in the fourth quarter. Advisors Asset Management Inc. now owns 117,717 shares of the energy exploration company’s stock worth $8,333,000 after buying an additional 849 shares during the last quarter.

EOG Resources, Inc (EOG) explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other international areas.

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