Nisa Investment Advisors LLC increased its holdings in EOG Resources Inc (NYSE:EOG) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 209,746 shares of the energy exploration company’s stock after buying an additional 1,890 shares during the quarter. Nisa Investment Advisors LLC’s holdings in EOG Resources were worth $22,633,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EOG. Capital Research Global Investors increased its holdings in EOG Resources by 14.7% in the 2nd quarter. Capital Research Global Investors now owns 41,839,695 shares of the energy exploration company’s stock worth $3,787,329,000 after buying an additional 5,368,941 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in EOG Resources by 64.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,293,904 shares of the energy exploration company’s stock worth $479,202,000 after buying an additional 2,083,122 shares in the last quarter. Capital World Investors increased its holdings in EOG Resources by 9.9% in the 2nd quarter. Capital World Investors now owns 17,461,968 shares of the energy exploration company’s stock worth $1,580,657,000 after buying an additional 1,568,085 shares in the last quarter. UBS Asset Management Americas Inc. increased its holdings in EOG Resources by 49.2% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 4,408,298 shares of the energy exploration company’s stock worth $399,039,000 after buying an additional 1,452,947 shares in the last quarter. Finally, Findlay Park Partners LLP bought a new stake in EOG Resources in the 2nd quarter worth about $120,097,000. Institutional investors own 85.25% of the company’s stock.
In other news, President Gary L. Thomas sold 40,000 shares of EOG Resources stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $112.94, for a total transaction of $4,517,600.00. Following the transaction, the president now directly owns 1,006,461 shares of the company’s stock, valued at approximately $113,669,705.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Gary L. Thomas sold 2,000 shares of EOG Resources stock in a transaction dated Saturday, December 29th. The shares were sold at an average price of $107.95, for a total value of $215,900.00. Following the transaction, the president now directly owns 1,046,430 shares in the company, valued at $112,962,118.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 189,048 shares of company stock worth $8,189,473. Insiders own 0.53% of the company’s stock.
EOG Resources Inc (EOG) traded up $3.13 during mid-day trading on Friday, hitting $115.14. The stock had a trading volume of 3,828,100 shares, compared to its average volume of 2,721,512. EOG Resources Inc has a 12-month low of $81.99 and a 12-month high of $115.72. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46. The stock has a market cap of $66,940.00, a PE ratio of 11,514.00, a P/E/G ratio of 5.11 and a beta of 0.98.
EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.07. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the previous year, the firm earned ($0.40) EPS. The business’s quarterly revenue was up 24.8% on a year-over-year basis. equities analysts forecast that EOG Resources Inc will post 0.88 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th will be given a dividend of $0.1675 per share. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.58%. EOG Resources’s payout ratio is currently 6,700.00%.
Several equities research analysts recently commented on the company. Imperial Capital reiterated an “outperform” rating and issued a $120.00 price objective (up from $115.00) on shares of EOG Resources in a report on Monday. Zacks Investment Research cut EOG Resources from a “buy” rating to a “hold” rating in a research report on Wednesday. Bank of America cut EOG Resources from a “buy” rating to a “neutral” rating and set a $125.00 target price on the stock. in a research report on Thursday, January 4th. They noted that the move was a valuation call. BMO Capital Markets reissued a “buy” rating and issued a $120.00 target price on shares of EOG Resources in a research report on Thursday. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $118.00 target price on shares of EOG Resources in a research report on Tuesday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $114.38.
EOG Resources Profile
EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.
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