EOG Resources, Inc. (NYSE:EOG) Shares Acquired by Everpar Advisors LLC

Everpar Advisors LLC raised its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 4.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 2,297 shares of the energy exploration company’s stock after buying an additional 98 shares during the quarter. Everpar Advisors LLC’s holdings in EOG Resources were worth $289,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in EOG. Tennessee Valley Asset Management Partners acquired a new stake in shares of EOG Resources in the 4th quarter valued at about $40,000. Mackenzie Financial Corp boosted its position in shares of EOG Resources by 1.4% in the 4th quarter. Mackenzie Financial Corp now owns 41,668 shares of the energy exploration company’s stock valued at $5,040,000 after purchasing an additional 593 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of EOG Resources by 79.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 190,898 shares of the energy exploration company’s stock valued at $23,089,000 after purchasing an additional 84,301 shares during the period. Daiwa Securities Group Inc. boosted its position in shares of EOG Resources by 1.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 60,626 shares of the energy exploration company’s stock valued at $7,333,000 after purchasing an additional 885 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of EOG Resources by 44.8% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,057 shares of the energy exploration company’s stock valued at $128,000 after purchasing an additional 327 shares during the period. 89.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $126.48, for a total value of $505,920.00. Following the completion of the transaction, the chief operating officer now directly owns 35,058 shares of the company’s stock, valued at approximately $4,434,135.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,000 shares of the stock in a transaction on 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 owns 35,058 shares in the company, valued at approximately $4,434,135.84. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ezra Y. Yacob sold 4,729 shares of the stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $129.31, for a total value of $611,506.99. Following the sale, the chief executive officer now owns 150,474 shares in the company, valued at approximately $19,457,792.94. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by company insiders.

EOG Resources Stock Performance

Shares of EOG stock traded down $0.06 during trading hours on Friday, reaching $128.06. 2,340,017 shares of the company’s stock were exchanged, compared to its average volume of 3,184,503. The company has a market cap of $73.60 billion, a P/E ratio of 10.12, a price-to-earnings-growth ratio of 2.15 and a beta of 1.30. The company’s 50 day moving average is $125.39 and its two-hundred day moving average is $124.62. EOG Resources, Inc. has a 1 year low of $108.94 and a 1 year high of $139.67. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.32 and a quick ratio of 2.05.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.18. EOG Resources had a return on equity of 25.65% and a net margin of 30.33%. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.07 billion. During the same period last year, the business posted $2.49 EPS. EOG Resources’s quarterly revenue was up 8.1% on a year-over-year basis. Equities research analysts anticipate that EOG Resources, Inc. will post 12.13 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 2.84%. The ex-dividend date is Thursday, October 17th. EOG Resources’s payout ratio is currently 28.75%.

Analyst Upgrades and Downgrades

EOG has been the subject of a number of research analyst reports. Wolfe Research initiated coverage on EOG Resources in a research report on Thursday, July 18th. They issued a “peer perform” rating for the company. KeyCorp assumed coverage on EOG Resources in a research note on Thursday, June 27th. They set an “overweight” rating and a $157.00 price objective for the company. Truist Financial reduced their price objective on EOG Resources from $136.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. Stifel Nicolaus reduced their price objective on EOG Resources from $153.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Finally, Benchmark reaffirmed a “hold” rating on shares of EOG Resources in a research note on Tuesday, May 7th. Fourteen analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, EOG Resources currently has an average rating of “Hold” and an average price target of $144.10.

About EOG Resources

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.