EOG Resources, Inc. $EOG Stock Position Reduced by Captrust Financial Advisors

Captrust Financial Advisors decreased its position in EOG Resources, Inc. (NYSE:EOG) by 1.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 641,395 shares of the energy exploration company’s stock after selling 7,143 shares during the quarter. Captrust Financial Advisors owned 0.12% of EOG Resources worth $71,913,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EOG. Hemington Wealth Management raised its position in shares of EOG Resources by 7.2% during the 3rd quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock valued at $155,000 after acquiring an additional 93 shares in the last quarter. Bollard Group LLC boosted its holdings in EOG Resources by 0.8% in the third quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock worth $1,317,000 after purchasing an additional 93 shares during the period. apricus wealth LLC increased its stake in EOG Resources by 5.0% during the third quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock valued at $224,000 after purchasing an additional 95 shares during the last quarter. Sowell Financial Services LLC increased its stake in EOG Resources by 1.6% during the third quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock valued at $699,000 after purchasing an additional 96 shares during the last quarter. Finally, Hardy Reed LLC raised its holdings in shares of EOG Resources by 4.5% during the third quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after purchasing an additional 97 shares during the period. 89.91% of the stock is currently owned by institutional investors.

EOG Resources Trading Up 1.4%

NYSE:EOG opened at $137.65 on Thursday. The stock has a market cap of $73.85 billion, a price-to-earnings ratio of 15.11, a PEG ratio of 3.67 and a beta of 0.44. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $137.81. The business has a fifty day moving average of $118.30 and a 200-day moving average of $112.78.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. The business had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The company’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the business earned $2.74 earnings per share. Equities analysts predict that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 annualized dividend and a yield of 3.0%. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on EOG shares. Capital One Financial reduced their price target on shares of EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Johnson Rice lowered their price objective on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a research report on Friday, December 5th. Roth Mkm reissued a “neutral” rating and issued a $110.00 target price on shares of EOG Resources in a report on Wednesday, February 25th. The Goldman Sachs Group decreased their target price on EOG Resources from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. Finally, Raymond James Financial upped their target price on EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $138.23.

Insider Transactions at EOG Resources

In other EOG Resources news, CFO Ann D. Janssen sold 2,597 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $134.31, for a total transaction of $348,803.07. Following the sale, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $13,464,040.26. The trade was a 2.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total transaction of $260,000.00. Following the completion of the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at approximately $11,445,850. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,371 shares of company stock worth $1,294,698 over the last 90 days. 0.13% of the stock is owned by insiders.

About EOG Resources

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.