EOG Resources Inc. (NYSE:EOG) shares hit a new 52-week high during trading on Thursday . The company traded as high as $92.06 and last traded at $91.97, with a volume of 2,117,079 shares. The stock had previously closed at $90.22.

EOG has been the subject of a number of analyst reports. Johnson Rice cut shares of EOG Resources from an “accumulate” rating to a “hold” rating in a research note on Thursday, May 19th. Canaccord Genuity upgraded shares of EOG Resources from a “hold” rating to a “buy” rating in a research note on Monday, May 9th. Zacks Investment Research cut shares of EOG Resources from a “hold” rating to a “sell” rating in a research note on Monday, April 25th. Goldman Sachs Group Inc. restated a “conviction-buy” rating on shares of EOG Resources in a research note on Friday, May 20th. Finally, Vetr cut shares of EOG Resources from a “sell” rating to a “strong sell” rating and set a $72.00 target price for the company. in a research note on Monday, April 25th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $86.30.

The company has a 50 day moving average of $84.78 and a 200 day moving average of $78.57. The firm’s market cap is $50.53 billion.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Friday, August 5th. The energy exploration company reported ($0.38) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.48) by $0.10. The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the previous year, the business posted $0.28 EPS. EOG Resources’s revenue was down 28.1% on a year-over-year basis. Equities analysts anticipate that EOG Resources Inc. will post ($1.65) earnings per share for the current fiscal year.

In related news, VP Ann D. Janssen sold 831 shares of EOG Resources stock in a transaction on 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 transaction, the vice president now owns 57,598 shares of the company’s stock, valued at $4,892,950.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Ann D. Janssen sold 2,819 shares of EOG Resources stock in a transaction on Monday, June 6th. The stock was sold at an average price of $80.85, for a total transaction of $227,916.15. Following the transaction, the vice president now directly owns 62,958 shares of the company’s stock, valued at approximately $5,090,154.30. The disclosure for this sale can be found here.

A number of institutional investors have recently made changes to their positions in the company. Braver Wealth Management LLC increased its position in shares of EOG Resources by 8.1% in the fourth quarter. Braver Wealth Management LLC now owns 36,887 shares of the energy exploration company’s stock worth $2,611,000 after buying an additional 2,757 shares in the last quarter. Stephens Inc. AR increased its position in shares of EOG Resources by 7.2% in the fourth quarter. Stephens Inc. AR now owns 49,984 shares of the energy exploration company’s stock worth $3,538,000 after buying an additional 3,336 shares in the last quarter. State of Tennessee Treasury Department increased its position in shares of EOG Resources by 1.1% in the fourth quarter. State of Tennessee Treasury Department now owns 495,980 shares of the energy exploration company’s stock worth $35,110,000 after buying an additional 5,396 shares in the last quarter. American International Group Inc. increased its position in shares of EOG Resources by 4.2% in the fourth quarter. American International Group Inc. now owns 232,095 shares of the energy exploration company’s stock worth $16,430,000 after buying an additional 9,268 shares in the last quarter. Finally, KBC Group NV increased its position in shares of EOG Resources by 8.3% in the fourth quarter. KBC Group NV now owns 226,044 shares of the energy exploration company’s stock worth $16,002,000 after buying an additional 17,379 shares in 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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