Investors sold shares of EOG Resources Inc (NYSE:EOG) on strength during trading hours on Wednesday. $44.72 million flowed into the stock on the tick-up and $137.55 million flowed out of the stock on the tick-down, for a money net flow of $92.83 million out of the stock. Of all equities tracked, EOG Resources had the 0th highest net out-flow for the day. EOG Resources traded up $0.14 for the day and closed at $113.53

A number of analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Cowen set a $115.00 target price on shares of EOG Resources and gave the stock a “hold” rating in a report on Thursday. Imperial Capital reiterated an “outperform” rating and set a $120.00 target price (up from $115.00) on shares of EOG Resources in a report on Monday, January 8th. Bank of America lowered shares of EOG Resources from a “buy” rating to a “neutral” rating and set a $125.00 target price for the company. in a report on Thursday, January 4th. They noted that the move was a valuation call. Finally, BMO Capital Markets reiterated a “buy” rating and set a $120.00 target price on shares of EOG Resources in a report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twenty have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $114.52.

The company has a debt-to-equity ratio of 0.46, a current ratio of 1.27 and a quick ratio of 1.11. The firm has a market cap of $66,060.00, a price-to-earnings ratio of 11,424.00, a P/E/G ratio of 4.59 and a beta of 0.98.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, November 2nd. The energy exploration company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate 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 last year, the business posted ($0.40) earnings per share. EOG Resources’s quarterly revenue was up 24.8% compared to the same quarter last year. research analysts predict that EOG Resources Inc will post 0.91 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be issued a $0.1675 dividend. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $0.67 annualized dividend and a yield of 0.59%. EOG Resources’s dividend payout ratio (DPR) is presently 6,700.00%.

In other EOG Resources news, EVP Michael P. Donaldson sold 1,741 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $106.00, for a total transaction of $184,546.00. Following the completion of the transaction, the executive vice president now owns 75,118 shares of the company’s stock, valued at $7,962,508. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Timothy K. Driggers sold 8,871 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $105.45, for a total transaction of $935,446.95. Following the transaction, the chief financial officer now directly owns 185,157 shares of the company’s stock, valued at approximately $19,524,805.65. The disclosure for this sale can be found here. Insiders sold 139,048 shares of company stock valued at $8,173,973 over the last 90 days. 0.53% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in EOG. Capital Research Global Investors increased its stake in shares of EOG Resources by 14.7% during the second quarter. Capital Research Global Investors now owns 41,839,695 shares of the energy exploration company’s stock valued at $3,787,329,000 after purchasing an additional 5,368,941 shares in the last quarter. Capital World Investors increased its stake in shares of EOG Resources by 9.9% during the second quarter. Capital World Investors now owns 17,461,968 shares of the energy exploration company’s stock valued at $1,580,657,000 after purchasing an additional 1,568,085 shares in the last quarter. Amundi Pioneer Asset Management Inc. increased its stake in shares of EOG Resources by 43.1% during the third quarter. Amundi Pioneer Asset Management Inc. now owns 4,006,886 shares of the energy exploration company’s stock valued at $387,626,000 after purchasing an additional 1,206,576 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of EOG Resources by 21.1% during the third quarter. Ameriprise Financial Inc. now owns 6,412,802 shares of the energy exploration company’s stock valued at $620,361,000 after purchasing an additional 1,118,898 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of EOG Resources by 2.6% during the second quarter. Vanguard Group Inc. now owns 41,179,515 shares of the energy exploration company’s stock valued at $3,727,570,000 after purchasing an additional 1,058,276 shares in the last quarter. 85.28% of the stock is owned by institutional investors and hedge funds.

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About EOG Resources

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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