EOG Resources, Inc. (NYSE:EOG) Shares Purchased by X Square Capital LLC

X Square Capital LLC lifted its position in EOG Resources, Inc. (NYSE:EOG) by 14.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,709 shares of the energy exploration company’s stock after acquiring an additional 473 shares during the quarter. X Square Capital LLC’s holdings in EOG Resources were worth $456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Romano Brothers AND Company lifted its stake in shares of EOG Resources by 5.4% in the 3rd quarter. Romano Brothers AND Company now owns 13,750 shares of the energy exploration company’s stock valued at $1,690,000 after purchasing an additional 700 shares during the period. International Assets Investment Management LLC purchased a new stake in EOG Resources in the 3rd quarter worth $32,860,000. Monte Financial Group LLC increased its holdings in EOG Resources by 7.5% in the 3rd quarter. Monte Financial Group LLC now owns 45,119 shares of the energy exploration company’s stock worth $5,547,000 after acquiring an additional 3,157 shares in the last quarter. Fulcrum Capital LLC increased its holdings in EOG Resources by 0.4% in the 3rd quarter. Fulcrum Capital LLC now owns 43,940 shares of the energy exploration company’s stock worth $5,402,000 after acquiring an additional 178 shares in the last quarter. Finally, Greenleaf Trust increased its holdings in EOG Resources by 9.5% in the 3rd quarter. Greenleaf Trust now owns 11,959 shares of the energy exploration company’s stock worth $1,470,000 after acquiring an additional 1,039 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on EOG. JPMorgan Chase & Co. cut their price target on shares of EOG Resources from $143.00 to $135.00 and set a “neutral” rating for the company in a report on Thursday, September 12th. Truist Financial cut their price target on shares of EOG Resources from $130.00 to $115.00 and set a “hold” rating for the company in a report on Monday, September 30th. Wolfe Research began coverage on shares of EOG Resources in a report on Thursday, July 18th. They issued a “peer perform” rating for the company. Barclays cut their price target on shares of EOG Resources from $144.00 to $137.00 and set an “equal weight” rating for the company in a report on Thursday, October 3rd. Finally, Wells Fargo & Company dropped their target price on shares of EOG Resources from $140.00 to $135.00 and set an “equal weight” rating for the company in a report on Tuesday, October 1st. Fourteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $141.20.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, EVP Michael P. Donaldson sold 11,037 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $129.50, for a total value of $1,429,291.50. Following the transaction, the executive vice president now owns 74,250 shares of the company’s stock, valued at $9,615,375. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, EVP Michael P. Donaldson sold 11,037 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $129.50, for a total transaction of $1,429,291.50. Following the sale, the executive vice president now owns 74,250 shares of the company’s stock, valued at approximately $9,615,375. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jeffrey R. Leitzell sold 4,000 shares of the stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $126.48, for a total transaction of $505,920.00. Following the sale, the chief operating officer now directly owns 35,058 shares in the company, valued at $4,434,135.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,537 shares of company stock valued at $2,751,612 over the last 90 days. 0.30% of the stock is owned by insiders.

EOG Resources Trading Down 0.3 %

Shares of EOG stock opened at $124.73 on Thursday. The company’s 50-day moving average price is $126.12 and its 200-day moving average price is $126.91. EOG Resources, Inc. has a twelve month low of $108.94 and a twelve month high of $139.67. The company has a current ratio of 2.12, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11. The stock has a market cap of $71.68 billion, a price-to-earnings ratio of 9.85, a PEG ratio of 3.38 and a beta of 1.28.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, August 1st. The energy exploration company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.18. EOG Resources had a net margin of 30.33% and a return on equity of 25.42%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.07 billion. During the same quarter in the prior year, the company posted $2.49 earnings per share. EOG Resources’s revenue for the quarter was up 8.1% compared to the same quarter last year. As a group, equities analysts predict that EOG Resources, Inc. will post 11.83 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, October 31st. Shareholders of record on Thursday, October 17th will be given a $0.91 dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $3.64 dividend on an annualized basis and a yield of 2.92%. EOG Resources’s payout ratio is currently 28.75%.

EOG Resources Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.