EOG Resources, Inc. (NYSE:EOG) Shares Bought by RFG Advisory LLC

RFG Advisory LLC grew its holdings in EOG Resources, Inc. (NYSE:EOG) by 35.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,024 shares of the energy exploration company’s stock after purchasing an additional 2,892 shares during the quarter. RFG Advisory LLC’s holdings in EOG Resources were worth $1,409,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. McIlrath & Eck LLC grew its position in shares of EOG Resources by 77.6% in the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock valued at $30,000 after purchasing an additional 104 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of EOG Resources by 530.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock valued at $30,000 after acquiring an additional 212 shares during the period. Sachetta LLC purchased a new position in shares of EOG Resources in the 4th quarter valued at $33,000. Hall Laurie J Trustee purchased a new position in shares of EOG Resources in the 4th quarter valued at $36,000. Finally, Keener Financial Planning LLC purchased a new stake in EOG Resources during the 4th quarter worth $36,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Trading Up 0.0 %

Shares of NYSE:EOG opened at $122.05 on Friday. The company has a market cap of $70.14 billion, a PE ratio of 9.64, a P/E/G ratio of 1.69 and a beta of 1.32. The company’s 50-day moving average price is $127.01 and its 200 day moving average price is $122.19. EOG Resources, Inc. has a fifty-two week low of $106.34 and a fifty-two week high of $139.67. The company has a quick ratio of 2.05, a current ratio of 2.32 and a debt-to-equity ratio of 0.13.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.70 by $0.12. The firm had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $5.91 billion. EOG Resources had a net margin of 30.33% and a return on equity of 24.83%. EOG Resources’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period last year, the firm posted $2.69 EPS. Sell-side analysts anticipate that EOG Resources, Inc. will post 12.07 earnings per share for the current year.

EOG Resources Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be given a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.98%. EOG Resources’s dividend payout ratio (DPR) is 28.75%.

Insiders Place Their Bets

In other EOG Resources news, EVP Michael P. Donaldson sold 2,685 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $130.29, for a total transaction of $349,828.65. Following the sale, the executive vice president now directly owns 109,040 shares in the company, valued at approximately $14,206,821.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Michael P. Donaldson sold 2,685 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $130.29, for a total value of $349,828.65. Following the sale, the executive vice president now directly owns 109,040 shares in the company, valued at approximately $14,206,821.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ezra Y. Yacob sold 4,729 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total transaction of $611,506.99. Following the completion of the sale, the chief executive officer now owns 150,474 shares in the company, valued at $19,457,792.94. The disclosure for this sale can be found here. In the last three months, insiders have sold 16,512 shares of company stock worth $2,144,972. 0.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EOG shares. JPMorgan Chase & Co. lifted their price target on shares of EOG Resources from $134.00 to $141.00 and gave the stock a “neutral” rating in a research note on Thursday, March 28th. Stifel Nicolaus decreased their price objective on shares of EOG Resources from $153.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, April 23rd. Truist Financial lowered shares of EOG Resources from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $163.00 to $136.00 in a report on Thursday, May 16th. Benchmark reissued a “hold” rating on shares of EOG Resources in a report on Tuesday, May 7th. Finally, StockNews.com raised shares of EOG Resources from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Thirteen research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $143.19.

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.