News coverage about EOG Resources (NYSE:EOG) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. EOG Resources earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the energy exploration company an impact score of 46.7856639190347 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Top Workplaces list includes 27 newcomers, 12 five-time winners (newsok.com)
- Top 4 Oil Stocks for December 2017 (finance.yahoo.com)
- Time Warner Inc (TWX) Position Trimmed by Cannell Peter B & Co. Inc (nismagazine.com)
- Texas’ Austin Chalk Booms While Shale Plays Remain Mostly Dormant (rigzone.com)
- The sentiment expressed by investors: PBF Energy Inc. (PBF), EOG Resources, Inc. (EOG) – Market Movers (financialqz.com)
Shares of EOG Resources (EOG) traded up $0.67 on Friday, reaching $100.39. 1,495,364 shares of the company’s stock were exchanged, compared to its average volume of 2,458,250. The stock has a market cap of $58,047.41, a price-to-earnings ratio of 244.85, a PEG ratio of 13.24 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.11 and a current ratio of 1.27. EOG Resources has a 1-year low of $81.99 and a 1-year high of $109.37.
EOG Resources (NYSE:EOG) last announced its earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.07. EOG Resources had a net margin of 0.10% and a return on equity of 1.73%. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the previous year, the business earned ($0.40) EPS. The company’s quarterly revenue was up 24.8% compared to the same quarter last year. research analysts expect that EOG Resources will post 0.84 earnings per share for the current fiscal year.
EOG has been the topic of a number of recent analyst reports. Jefferies Group reiterated a “hold” rating and issued a $101.00 price objective on shares of EOG Resources in a research report on Wednesday, August 16th. Royal Bank Of Canada set a $107.00 price target on EOG Resources and gave the company a “hold” rating in a research report on Tuesday, October 10th. Stifel Nicolaus set a $106.00 price target on EOG Resources and gave the company a “buy” rating in a research report on Thursday, October 5th. Barclays raised their price target on EOG Resources from $117.00 to $120.00 and gave the company an “overweight” rating in a research report on Monday, November 20th. Finally, Imperial Capital began coverage on EOG Resources in a research report on Thursday, September 28th. They set an “outperform” rating and a $115.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eighteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $109.42.
In related news, EVP Michael P. Donaldson sold 6,167 shares of the company’s stock in a transaction on Thursday, September 28th. The shares were sold at an average price of $97.50, for a total value of $601,282.50. Following the completion of the transaction, the executive vice president now owns 74,316 shares of the company’s stock, valued at approximately $7,245,810. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP David W. Trice sold 3,114 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $106.65, for a total transaction of $332,108.10. Following the completion of the transaction, the executive vice president now directly owns 80,415 shares of the company’s stock, valued at approximately $8,576,259.75. The disclosure for this sale can be found here. In the last three months, insiders have sold 153,692 shares of company stock valued at $3,717,390. 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.
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