Unison Advisors LLC Acquires 265 Shares of EOG Resources, Inc. $EOG

Unison Advisors LLC lifted its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,957 shares of the energy exploration company’s stock after buying an additional 265 shares during the period. Unison Advisors LLC’s holdings in EOG Resources were worth $3,583,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of EOG. Banque Cantonale Vaudoise acquired a new position in shares of EOG Resources during the first quarter worth $26,000. Saudi Central Bank acquired a new stake in EOG Resources in the first quarter valued at $28,000. Raleigh Capital Management Inc. acquired a new stake in EOG Resources in the second quarter valued at $29,000. Alpine Bank Wealth Management acquired a new stake in EOG Resources in the first quarter valued at $34,000. Finally, ORG Partners LLC increased its holdings in EOG Resources by 45.1% in the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock valued at $34,000 after purchasing an additional 88 shares during the period. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Melius Research assumed coverage on EOG Resources in a report on Wednesday, August 20th. They issued a “buy” rating and a $173.00 price objective for the company. Morgan Stanley decreased their price objective on EOG Resources from $141.00 to $136.00 and set an “equal weight” rating for the company in a report on Tuesday, October 14th. Argus downgraded EOG Resources from a “buy” rating to a “hold” rating in a report on Monday, August 25th. Raymond James Financial increased their price objective on EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 22nd. Finally, Scotiabank restated a “sector perform” rating and issued a $130.00 price objective on shares of EOG Resources in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fifteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $141.04.

EOG Resources Stock Performance

Shares of EOG Resources stock opened at $106.13 on Monday. The company has a current ratio of 1.79, a quick ratio of 1.61 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $116.58 and a two-hundred day moving average price of $115.92. EOG Resources, Inc. has a 1-year low of $102.52 and a 1-year high of $138.18. The company has a market cap of $57.95 billion, a P/E ratio of 10.31, a PEG ratio of 8.15 and a beta of 0.74.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.18. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The firm had revenue of $5.48 billion during the quarter, compared to the consensus estimate of $5.45 billion. During the same period last year, the business posted $3.16 EPS. The business’s revenue was down 9.1% compared to the same quarter last year. As a group, analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources 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.