EOG Resources Inc. (NYSE:EOG)’s share price traded down 3.9% on Monday . The company traded as low as $78.51 and last traded at $78.52, with a volume of 1,514,909 shares traded. The stock had previously closed at $81.70.

A number of equities analysts recently weighed in on the stock. Stephens restated a “hold” rating on shares of EOG Resources in a research report on Saturday, May 14th. Stifel Nicolaus lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a report on Wednesday, April 6th. Susquehanna lowered shares of EOG Resources from a “positive” rating to a “neutral” rating in a report on Wednesday, May 11th. Deutsche Bank AG lowered shares of EOG Resources from a “buy” rating to a “hold” rating and decreased their target price for the company from $85.00 to $83.00 in a report on Wednesday, April 20th. They noted that the move was a valuation call. Finally, Vetr upgraded shares of EOG Resources from a “strong sell” rating to a “sell” rating and set a $72.00 target price on the stock in a report on Tuesday, April 19th. Three investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. EOG Resources has an average rating of “Hold” and an average target price of $82.36.

The company has a 50 day moving average of $82.19 and a 200-day moving average of $76.44. The stock’s market capitalization is $43.31 billion.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, May 5th. The energy exploration company reported ($0.83) EPS for the quarter, topping analysts’ consensus estimates of ($0.84) by $0.01. During the same period in the previous year, the firm posted $0.03 earnings per share. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.70 billion. The company’s revenue for the quarter was down 41.6% on a year-over-year basis. On average, equities analysts expect that EOG Resources Inc. will post ($1.82) earnings per share for the current fiscal year.

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

Several hedge funds and institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in EOG Resources by 19.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,328,525 shares of the energy exploration company’s stock worth $235,620,000 after buying an additional 544,376 shares during the last quarter. Standard Life Investments LTD raised its stake in shares of EOG Resources by 5.7% in the fourth quarter. Standard Life Investments LTD now owns 2,505,582 shares of the energy exploration company’s stock worth $177,358,000 after buying an additional 136,087 shares during the period. Eaton Vance Management raised its stake in shares of EOG Resources by 239.2% in the fourth quarter. Eaton Vance Management now owns 1,992,688 shares of the energy exploration company’s stock worth $141,062,000 after buying an additional 1,405,225 shares during the period. BlackRock Investment Management LLC raised its stake in shares of EOG Resources by 1.2% in the fourth quarter. BlackRock Investment Management LLC now owns 1,845,934 shares of the energy exploration company’s stock worth $130,674,000 after buying an additional 21,772 shares during the period. Finally, Bank of Montreal Can raised its stake in shares of EOG Resources by 15.3% in the fourth quarter. Bank of Montreal Can now owns 1,306,270 shares of the energy exploration company’s stock worth $92,471,000 after buying an additional 173,578 shares during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.