Significant Insider Selling in Shares of EOG Resources (EOG) Continues

Friday, January 12, 2018 10:15 PM ET

Significant Insider Selling in Shares of EOG Resources (EOG) Continues

One EOG Resources insider Michael P Donaldson, Officer, today, disposed of 15,322 shares having a market value of approximately $1,750,629, as revealed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 45,082 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 60,404 shares and have averaged 15,101 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 180 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 4,691,282 shares purchased and 7,425,474 shares sold with company insiders having sold 15,190 shares on average over this time period.

The data used 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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