EOG Resources Inc – (EOG, +1, January 18th)
Michael Kerr (Non Executive since 2020) purchased $2.6 million of stock on the 12th January at $130.49, increasing his stake by 12%. His only previous purchase was for $4.3m of stock in November 2021 at $86 which we ranked +N reflecting his likely long history following the company as his former employer for 35 years, Capital Group, owned 20% of the company.
It is encouraging to see him make another large purchase at this much higher price.
We are ranking the stock +1.
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