Czech National Bank Has $15.02 Million Stake in EOG Resources, Inc. $EOG

Czech National Bank lifted its stake in EOG Resources, Inc. (NYSE:EOG) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 143,075 shares of the energy exploration company’s stock after buying an additional 4,404 shares during the period. Czech National Bank’s holdings in EOG Resources were worth $15,024,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. JCIC Asset Management Inc. acquired a new position in EOG Resources in the 3rd quarter valued at $32,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of EOG Resources during the 2nd quarter valued at $35,000. Salomon & Ludwin LLC grew its holdings in shares of EOG Resources by 122.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 323 shares of the energy exploration company’s stock worth $36,000 after purchasing an additional 178 shares in the last quarter. Mountain Hill Investment Partners Corp. acquired a new stake in shares of EOG Resources during the 3rd quarter worth $37,000. Finally, Quent Capital LLC bought a new position in shares of EOG Resources in the third quarter worth $37,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Activity

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the transaction, the chief operating officer directly owned 61,481 shares in the company, valued at approximately $7,685,125. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the sale, the chief financial officer directly owned 100,246 shares in the company, valued at $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 14,532 shares of company stock valued at $1,877,405 over the last quarter. Corporate insiders own 0.13% of the company’s stock.

EOG Resources Stock Performance

Shares of EOG Resources stock opened at $147.53 on Friday. The company’s 50 day moving average price is $122.45 and its two-hundred day moving average price is $113.66. The firm has a market capitalization of $79.15 billion, a P/E ratio of 16.19, a P/E/G ratio of 3.48 and a beta of 0.44. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $148.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42.

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

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, April 16th. EOG Resources’s dividend payout ratio is presently 44.79%.

Analysts Set New Price Targets

EOG has been the subject of a number of analyst reports. The Goldman Sachs Group dropped their price target 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. Johnson Rice reduced their price objective on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating on the stock in a research note on Friday, December 5th. Truist Financial assumed coverage on shares of EOG Resources in a report on Tuesday. They issued a “hold” rating and a $146.00 target price on the stock. Barclays boosted their target price on shares of EOG Resources from $133.00 to $140.00 and gave the company an “equal weight” rating in a research report on Monday, March 16th. Finally, Stephens increased their price target on shares of EOG Resources from $138.00 to $139.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $138.52.

EOG Resources Company Profile

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.