Director Charles Crisp executed a sale of 6,500 shares of EOG Resources Inc (EOG, Financial) on August 21, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 60,892.023 shares of the company.
EOG Resources Inc is a prominent entity in the oil and gas industry, focusing on the exploration and production of crude oil and natural gas. The company's operations are primarily in the United States, with significant assets in the Eagle Ford Shale, the Permian Basin, and the Rocky Mountain area.
On the date of the transaction, shares of EOG Resources Inc were priced at $125.6. This valuation places the company's market cap at approximately $71.06 billion. The price-earnings ratio of the stock stands at 9.65, which is below both the industry median of 11.005 and the historical median for the company.
The GF Value of EOG Resources Inc is calculated at $123.10, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.02. The GF Value is derived from historical trading multiples, an adjustment factor based on past performance, and future business projections provided by Morningstar analysts.
Over the past year, there have been no insider purchases of EOG Resources Inc stock, but there have been six instances of insider selling, including the recent sale by the insider. This trend in insider transactions can provide insights into the sentiment of company executives and directors about the stock's future performance.
For more detailed information on insider transactions and stock performance, investors and stakeholders are encouraged to review the official SEC filings and keep an eye on market trends.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
