EOG Resources, Inc. $EOG Shares Sold by PDS Planning Inc

PDS Planning Inc lowered its position in shares of EOG Resources, Inc. (NYSE:EOG) by 12.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,151 shares of the energy exploration company’s stock after selling 319 shares during the quarter. PDS Planning Inc’s holdings in EOG Resources were worth $257,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. StrongBox Wealth LLC boosted its stake in shares of EOG Resources by 1.9% during the 2nd quarter. StrongBox Wealth LLC now owns 4,817 shares of the energy exploration company’s stock worth $576,000 after acquiring an additional 88 shares in the last quarter. ORG Partners LLC boosted its position in shares of EOG Resources by 45.1% in the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock worth $34,000 after buying an additional 88 shares during the period. Ameriflex Group Inc. boosted its position in shares of EOG Resources by 31.6% in the second quarter. Ameriflex Group Inc. now owns 379 shares of the energy exploration company’s stock worth $46,000 after buying an additional 91 shares during the period. Granite Harbor Advisors Inc. raised its holdings in shares of EOG Resources by 3.2% during the first quarter. Granite Harbor Advisors Inc. now owns 3,034 shares of the energy exploration company’s stock worth $389,000 after acquiring an additional 94 shares in the last quarter. Finally, FSM Wealth Advisors LLC raised its holdings in shares of EOG Resources by 6.2% during the first quarter. FSM Wealth Advisors LLC now owns 1,623 shares of the energy exploration company’s stock worth $208,000 after acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Stock Down 3.4%

EOG stock opened at $108.14 on Monday. The company has a quick ratio of 1.61, a current ratio of 1.79 and a debt-to-equity ratio of 0.12. The business’s 50-day simple moving average is $117.43 and its 200 day simple moving average is $116.57. The company has a market cap of $59.04 billion, a PE ratio of 10.51, a price-to-earnings-growth ratio of 8.36 and a beta of 0.74. EOG Resources, Inc. has a twelve month low of $102.52 and a twelve month high of $138.18.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.18. The company had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $5.45 billion. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The company’s quarterly revenue was down 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.16 earnings per share. On average, research analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on EOG shares. Melius assumed coverage on EOG Resources in a report on Wednesday, August 20th. They set a “buy” rating and a $173.00 target price on the stock. UBS Group lifted their price objective on EOG Resources from $142.00 to $144.00 and gave the stock a “buy” rating in a research note on Wednesday, August 20th. Royal Bank Of Canada lifted their price objective on EOG Resources from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of EOG Resources in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of EOG Resources in a research note on Sunday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $143.30.

EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.