18,247 Shares in EOG Resources, Inc. $EOG Purchased by 111 Capital

111 Capital bought a new position in EOG Resources, Inc. (NYSE:EOGFree Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 18,247 shares of the energy exploration company’s stock, valued at approximately $2,046,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Trust Advisors LP boosted its position in shares of EOG Resources by 64.1% in the second quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock worth $445,921,000 after buying an additional 1,456,928 shares during the period. Prudential Financial Inc. grew its position in EOG Resources by 282.3% in the second quarter. Prudential Financial Inc. now owns 1,546,058 shares of the energy exploration company’s stock worth $184,924,000 after acquiring an additional 1,141,680 shares in the last quarter. TD Asset Management Inc grew its position in EOG Resources by 288.1% in the third quarter. TD Asset Management Inc now owns 892,482 shares of the energy exploration company’s stock worth $100,065,000 after acquiring an additional 662,539 shares in the last quarter. Jupiter Asset Management Ltd. increased its position in EOG Resources by 122.6% during the second quarter. Jupiter Asset Management Ltd. now owns 907,231 shares of the energy exploration company’s stock worth $108,514,000 after buying an additional 499,610 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of EOG Resources by 7.0% in the 2nd quarter. Invesco Ltd. now owns 4,494,503 shares of the energy exploration company’s stock valued at $537,588,000 after acquiring an additional 294,641 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the sale, the chief operating officer directly owned 61,481 shares of the company’s stock, valued at approximately $7,685,125. The trade was a 3.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

EOG has been the topic of a number of recent analyst reports. Royal Bank Of Canada set a $138.00 price objective on EOG Resources and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. UBS Group reiterated a “buy” rating and set a $141.00 price target (down from $144.00) on shares of EOG Resources in a research note on Friday, December 12th. Weiss Ratings reissued a “hold (c)” rating on shares of EOG Resources in a report on Thursday, January 22nd. KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Finally, Johnson Rice cut their target price on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $134.59.

Check Out Our Latest Stock Analysis on EOG Resources

EOG Resources Trading Up 2.4%

NYSE:EOG opened at $124.07 on Monday. The firm has a market capitalization of $66.56 billion, a price-to-earnings ratio of 13.62 and a beta of 0.44. The business’s 50-day moving average price is $111.21 and its two-hundred day moving average price is $111.69. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $130.52.

EOG Resources (NYSE:EOGGet Free Report) last posted its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.07. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the business posted $2.74 earnings per share. On average, equities analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, April 16th. EOG Resources’s dividend payout ratio is presently 44.79%.

EOG Resources News Summary

Here are the key news stories impacting EOG Resources this week:

EOG Resources Profile

(Free Report)

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.

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

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