Rosenberg Matthew Hamilton Has $381,000 Stock Position in EOG Resources, Inc. $EOG

Rosenberg Matthew Hamilton grew its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 10.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,188 shares of the energy exploration company’s stock after purchasing an additional 304 shares during the period. Rosenberg Matthew Hamilton’s holdings in EOG Resources were worth $381,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in EOG. Banque Cantonale Vaudoise acquired a new stake in shares of EOG Resources in the 1st quarter worth about $26,000. Saudi Central Bank acquired a new stake in shares of EOG Resources in the 1st quarter worth about $28,000. Raleigh Capital Management Inc. acquired a new stake in shares of EOG Resources in the 2nd quarter worth about $29,000. Alpine Bank Wealth Management acquired a new stake in shares of EOG Resources in the 1st quarter worth about $34,000. Finally, ORG Partners LLC raised its holdings in shares of EOG Resources by 45.1% in the 2nd quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock worth $34,000 after acquiring an additional 88 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EOG. Melius Research began coverage on shares of EOG Resources in a report on Wednesday, August 20th. They issued a “buy” rating and a $173.00 target price on the stock. Melius began coverage on shares of EOG Resources in a research report on Wednesday, August 20th. They issued a “buy” rating and a $173.00 price objective for the company. Argus downgraded shares of EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday, August 25th. Barclays set a $136.00 price objective on shares of EOG Resources and gave the stock an “equal weight” rating in a research report on Tuesday, October 7th. Finally, Royal Bank Of Canada upped their price objective on shares of EOG Resources from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat.com, EOG Resources currently has an average rating of “Hold” and an average price target of $143.35.

EOG Resources Stock Down 0.5%

EOG Resources stock opened at $109.19 on Wednesday. The company has a market capitalization of $59.62 billion, a P/E ratio of 10.61, a P/E/G ratio of 8.48 and a beta of 0.74. 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 firm has a 50 day moving average price of $117.11 and a 200-day moving average price of $116.40. EOG Resources, Inc. has a twelve month low of $102.52 and a twelve month high of $138.18.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Thursday, August 7th. The energy exploration company reported $2.32 EPS 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 analysts’ expectations of $5.45 billion. EOG Resources had a net margin of 25.25% and a return on equity of 20.51%. EOG Resources’s revenue was down 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $3.16 EPS. As a group, equities analysts predict that EOG Resources, Inc. will post 11.47 EPS for the current year.

About EOG Resources

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.