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Director Charles R. Crisp of EOG Resources Inc (NYSE:EOG), a $64 billion energy company with strong financial health according to InvestingPro, sold a total of 1,589 shares of common stock on August 15, 2025. The sales were executed in three separate transactions, with prices ranging from $119.98 to $120.015, resulting in a total value of $190,657. The stock, which currently trades at a P/E of 11.3x and has maintained dividend payments for 36 consecutive years, appears undervalued based on InvestingPro’s Fair Value analysis.
According to a Form 4 filing with the Securities and Exchange Commission, Crisp disposed of 902 shares at $119.98 per share, 598 shares at $119.99 per share, and 89 shares at $120.015 per share. Following these transactions, Crisp directly owns 62,454.528 shares of EOG Resources. InvestingPro analysis reveals the stock generally trades with low price volatility, with 8 additional key insights available to subscribers through their comprehensive Pro Research Report.
In other recent news, EOG Resources reported its Q2 2025 earnings, surpassing Wall Street expectations with an adjusted earnings per share of $2.32 compared to the forecast of $2.23. The company also achieved actual revenue of $5.48 billion, slightly exceeding the anticipated $5.44 billion. In a significant development, EOG Resources acquired Utica acreage, marking the largest deal in its history with a $5.6 billion purchase of former Encino assets. Despite the acquisition, EOG maintains its total debt to EBITDA ratio at 1x, even with conservative pricing assumptions for crude oil and natural gas. CFRA responded to this acquisition by raising its price target for EOG Resources to $135 from $127, while maintaining a Buy rating. Additionally, Bernstein SocGen increased its price target on EOG Resources to $146 from $140, citing improved operational efficiency and updated guidance. These recent developments highlight EOG Resources’ strategic moves and financial performance.
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