Insider Selling in EOG Resources (EOG) Shares Continues

Thursday, January 11, 2018 10:15 PM ET

Insider Selling in EOG Resources (EOG) Shares Continues

A filing with the SEC today revealed a substantial insider sale of EOG Resources shares as — Gary L Thomas, Officer — sold 40,000 shares in the company having a market value of approximately $4,517,488. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 5,082 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 45,082 shares and have averaged 15,027 shares per transaction over this time period.

The number of insider buy/sell trades at EOG Resources is higher than that of the 195 peer company average over the last 90-day period. The Oil & Gas Exploration and Production peer group saw 176 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares traded per transaction by EOG Resources insiders is lower than its peers. Within the peer group there were 4,241,282 shares purchased and 7,467,182 shares sold with company insiders having sold 18,329 shares on average over this time period.

The data sourced in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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