EOG Resources, Inc. (NYSE:EOG) Position Lifted by Capital Analysts LLC

Capital Analysts LLC grew its holdings in shares of EOG Resources, Inc. (NYSE:EOGGet Rating) by 71.8% during the fourth quarter, Holdings Channel reports. The firm owned 390 shares of the energy exploration company’s stock after acquiring an additional 163 shares during the quarter. Capital Analysts LLC’s holdings in EOG Resources were worth $35,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of EOG. Trust Investment Advisors increased its stake in EOG Resources by 1.9% during the 4th quarter. Trust Investment Advisors now owns 5,201 shares of the energy exploration company’s stock valued at $462,000 after buying an additional 98 shares during the period. West Oak Capital LLC boosted its position in shares of EOG Resources by 4.0% during the 4th quarter. West Oak Capital LLC now owns 2,611 shares of the energy exploration company’s stock valued at $232,000 after purchasing an additional 100 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of EOG Resources by 1.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 8,547 shares of the energy exploration company’s stock valued at $759,000 after purchasing an additional 101 shares in the last quarter. Shaker Investments LLC OH boosted its position in shares of EOG Resources by 0.7% during the 4th quarter. Shaker Investments LLC OH now owns 13,890 shares of the energy exploration company’s stock valued at $1,234,000 after purchasing an additional 103 shares in the last quarter. Finally, Alps Advisors Inc. boosted its position in shares of EOG Resources by 2.0% during the 4th quarter. Alps Advisors Inc. now owns 5,334 shares of the energy exploration company’s stock valued at $474,000 after purchasing an additional 106 shares in the last quarter. 85.87% of the stock is currently owned by institutional investors.

In other EOG Resources news, EVP Jeffrey R. Leitzell sold 4,662 shares of EOG Resources stock in a transaction on Monday, March 21st. The shares were sold at an average price of $121.48, for a total transaction of $566,339.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Ann D. Janssen sold 3,688 shares of EOG Resources stock in a transaction on Monday, March 21st. The stock was sold at an average price of $121.96, for a total transaction of $449,788.48. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,677 shares of company stock worth $2,343,086. 0.40% of the stock is currently owned by corporate insiders.

Shares of EOG opened at $124.28 on Friday. The firm has a market cap of $72.79 billion, a PE ratio of 16.59, a PEG ratio of 0.25 and a beta of 1.68. The firm’s 50 day moving average price is $119.80 and its 200 day moving average price is $106.16. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.26 and a current ratio of 1.35. EOG Resources, Inc. has a twelve month low of $62.81 and a twelve month high of $132.35.

EOG Resources (NYSE:EOGGet Rating) last released its quarterly earnings results on Thursday, May 5th. The energy exploration company reported $4.00 EPS for the quarter, beating analysts’ consensus estimates of $3.69 by $0.31. EOG Resources had a net margin of 23.12% and a return on equity of 29.77%. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $5.62 billion. During the same quarter last year, the firm posted $1.62 earnings per share. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, sell-side analysts anticipate that EOG Resources, Inc. will post 16.36 earnings per share for the current fiscal year.

The company also recently declared a None dividend, which will be paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be given a $1.80 dividend. The ex-dividend date is Tuesday, June 14th. EOG Resources’s dividend payout ratio is 40.05%.

Several research firms have recently weighed in on EOG. Mizuho raised their price objective on shares of EOG Resources from $124.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, March 31st. Credit Suisse Group raised their target price on shares of EOG Resources from $110.00 to $122.00 and gave the stock an “outperform” rating in a report on Friday, February 25th. Morgan Stanley raised their target price on shares of EOG Resources from $121.00 to $152.00 and gave the stock an “equal weight” rating in a report on Friday, April 22nd. MKM Partners raised their target price on shares of EOG Resources from $114.00 to $127.00 in a report on Monday, February 28th. Finally, StockNews.com cut shares of EOG Resources from a “buy” rating to a “hold” rating in a report on Monday, May 9th. Eight equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $131.70.

EOG Resources Profile (Get Rating)

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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