The VP & CFO of EOG Resources (NYSE: EOG) is Selling Shares

By Carrie Williams

Today, the VP & CFO of EOG Resources (NYSE: EOG), Timothy Driggers, sold shares of EOG for $1.02M.

In addition to Timothy Driggers, 16 other EOG executives reported Sell trades in the last month. Following Timothy Driggers’ last EOG Sell transaction on October 03, 2016, the stock climbed by 6.6%.

The company has a one year high of $107.47 and a one year low of $57.15. Currently, EOG Resources has an average volume of 5.8M.

One of the top 25 analysts, according to TipRanks.com, recently recommended Hold EOG with a $96 price target. Based on 14 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $105.58, reflecting a 0.1% upside. Three different firms, including Jefferies and Societe Generale, currently also have a Sell rating on the stock.

In the last 30 days, insiders have sold $2.99M worth of EOG shares and purchased $176.2K worth of EOG shares. The insider sentiment on EOG Resources has been negative according to 151 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Timothy Driggers’ trades have generated a 0.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

EOG Resources, Inc. engages in the exploration, development, production and marketing of crude oil and natural gas primarily in major producing basins in the United States, Canada, Trinidad & Tobago, the United Kingdom, Argentina and China. Its operations are all crude oil and natural gas exploration and production. The company was founded in 1985 and is headquartered in Houston, TX.