Somewhat Positive News Coverage Somewhat Unlikely to Impact EOG Resources (EOG) Share Price

News stories about EOG Resources (NYSE:EOG) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. EOG Resources earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the energy exploration company an impact score of 46.3083446676256 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of equities analysts have recently issued reports on EOG shares. Morgan Stanley set a $116.00 price objective on shares of EOG Resources and gave the company a “buy” rating in a research note on Wednesday, October 18th. Robert W. Baird set a $114.00 price objective on shares of EOG Resources and gave the company a “buy” rating in a research note on Thursday, October 12th. Piper Jaffray Companies restated a “buy” rating and issued a $106.00 price objective on shares of EOG Resources in a research note on Wednesday, November 22nd. Citigroup upgraded shares of EOG Resources from a “neutral” rating to a “buy” rating and set a $125.00 price objective for the company in a research note on Wednesday, January 3rd. Finally, Argus increased their price objective on shares of EOG Resources to $133.00 and gave the company a “buy” rating in a research note on Monday, January 8th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $116.72.

Shares of EOG Resources (NYSE EOG) opened at $101.04 on Friday. EOG Resources has a fifty-two week low of $81.99 and a fifty-two week high of $119.00. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46. The company has a market cap of $61,160.00, a PE ratio of 10,104.00, a price-to-earnings-growth ratio of 3.51 and a beta of 1.01.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th were issued a dividend of $0.1675 per share. This represents a $0.67 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend was Tuesday, January 16th. EOG Resources’s dividend payout ratio is currently 6,700.00%.

In other EOG Resources news, EVP Michael P. Donaldson sold 15,322 shares of the stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $114.26, for a total transaction of $1,750,691.72. Following the sale, the executive vice president now owns 59,917 shares of the company’s stock, valued at approximately $6,846,116.42. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Michael P. Donaldson sold 1,741 shares of the company’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $106.00, for a total transaction of $184,546.00. Following the transaction, the executive vice president now owns 75,118 shares in the company, valued at $7,962,508. The disclosure for this sale can be found here. In the last three months, insiders have sold 69,934 shares of company stock worth $7,820,085. Insiders own 0.53% of the company’s stock.

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EOG Resources Company Profile

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

Insider Buying and Selling by Quarter for EOG Resources (NYSE:EOG)

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