7,135 Shares in EOG Resources, Inc. $EOG Bought by Fieldview Capital Management LLC

Fieldview Capital Management LLC acquired a new stake in EOG Resources, Inc. (NYSE:EOG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,135 shares of the energy exploration company’s stock, valued at approximately $800,000.

Other hedge funds have also recently modified their holdings of the company. WINTON GROUP Ltd grew its holdings in EOG Resources by 11.8% during the third quarter. WINTON GROUP Ltd now owns 19,933 shares of the energy exploration company’s stock worth $2,235,000 after acquiring an additional 2,100 shares during the period. LGT Fund Management Co Ltd. lifted its holdings in EOG Resources by 649.4% in the third quarter. LGT Fund Management Co Ltd. now owns 35,529 shares of the energy exploration company’s stock valued at $3,953,000 after acquiring an additional 30,788 shares during the period. LGT Group Foundation boosted its position in EOG Resources by 3,947.2% in the 3rd quarter. LGT Group Foundation now owns 72,850 shares of the energy exploration company’s stock worth $8,106,000 after purchasing an additional 71,050 shares in the last quarter. Schroder Investment Management Group increased its holdings in shares of EOG Resources by 10.8% during the 3rd quarter. Schroder Investment Management Group now owns 1,438,129 shares of the energy exploration company’s stock valued at $163,012,000 after purchasing an additional 139,643 shares in the last quarter. Finally, Inceptionr LLC purchased a new stake in EOG Resources during the third quarter worth $2,164,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the completion of the sale, the chief operating officer owned 61,481 shares of the company’s stock, valued at $7,685,125. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 7,774 shares of company stock valued at $945,895 in the last ninety days. Corporate insiders own 0.13% of the company’s stock.

EOG Resources Stock Down 3.0%

NYSE EOG opened at $127.78 on Wednesday. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $134.36. The firm has a market cap of $68.55 billion, a PE ratio of 14.03 and a beta of 0.44. The business’s fifty day simple moving average is $114.76 and its 200-day simple moving average is $112.22. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating 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%. EOG Resources’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the business posted $2.74 EPS. As a group, equities analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be issued a $1.02 dividend. The ex-dividend date is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a yield of 3.2%. EOG Resources’s dividend payout ratio is currently 44.79%.

Analysts Set New Price Targets

Several analysts have commented on EOG shares. Sanford C. Bernstein reissued a “market perform” rating and issued a $126.00 price objective (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. Citigroup restated a “neutral” rating and set a $115.00 price objective (down from $125.00) on shares of EOG Resources in a research report on Wednesday, December 17th. The Goldman Sachs Group dropped their target price on shares of EOG Resources from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Wells Fargo & Company restated an “overweight” rating and set a $127.00 price target (up from $126.00) on shares of EOG Resources in a research report on Tuesday, January 27th. Finally, Mizuho set a $134.00 price target on shares of EOG Resources and gave the company a “neutral” rating in a research note on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $135.77.

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.