EOG Resources, Inc. $EOG Shares Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC raised its stake in EOG Resources, Inc. (NYSE:EOG) by 23.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,703 shares of the energy exploration company’s stock after acquiring an additional 4,060 shares during the quarter. Compass Wealth Management LLC’s holdings in EOG Resources were worth $2,433,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. First Trust Advisors LP lifted its stake in shares of EOG Resources by 64.1% in the 2nd quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock valued at $445,921,000 after purchasing an additional 1,456,928 shares during the period. Prudential Financial Inc. grew its position in EOG Resources by 282.3% during the second quarter. Prudential Financial Inc. now owns 1,546,058 shares of the energy exploration company’s stock valued at $184,924,000 after buying an additional 1,141,680 shares during the period. Jupiter Asset Management Ltd. increased its holdings in EOG Resources by 122.6% in the second quarter. Jupiter Asset Management Ltd. now owns 907,231 shares of the energy exploration company’s stock valued at $108,514,000 after buying an additional 499,610 shares in the last quarter. Invesco Ltd. increased its holdings in EOG Resources by 7.0% in the second quarter. Invesco Ltd. now owns 4,494,503 shares of the energy exploration company’s stock valued at $537,588,000 after buying an additional 294,641 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its position in shares of EOG Resources by 71.6% in the second quarter. CANADA LIFE ASSURANCE Co now owns 673,782 shares of the energy exploration company’s stock worth $80,719,000 after acquiring an additional 281,098 shares during the period. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EOG shares. Barclays dropped their target price on EOG Resources from $136.00 to $133.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 21st. KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a report on Friday, January 16th. Raymond James Financial boosted their price objective on EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a research report on Friday, February 13th. Royal Bank Of Canada set a $138.00 target price on EOG Resources and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. Finally, Stephens increased their target price on EOG Resources from $138.00 to $139.00 and gave the company an “equal weight” rating in a research report on Thursday, February 12th. One research 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $134.30.

EOG Resources Stock Up 1.4%

NYSE EOG opened at $123.94 on Friday. The business has a fifty day moving average price of $108.97 and a 200 day moving average price of $111.53. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $135.87. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.62. The company has a market cap of $67.25 billion, a P/E ratio of 12.34 and a beta of 0.49.

Insiders Place Their Bets

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total transaction of $211,360.00. Following the transaction, the chief operating officer directly owned 54,979 shares in the company, valued at $5,810,180.72. The trade was a 3.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by company 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.