Fielder Capital Group LLC Has $794,000 Holdings in EOG Resources, Inc. $EOG

Fielder Capital Group LLC lessened its position in shares of EOG Resources, Inc. (NYSE:EOG) by 5.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,637 shares of the energy exploration company’s stock after selling 346 shares during the quarter. Fielder Capital Group LLC’s holdings in EOG Resources were worth $794,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. ARGA Investment Management LP grew its holdings in shares of EOG Resources by 24.2% during the 1st quarter. ARGA Investment Management LP now owns 13,441 shares of the energy exploration company’s stock worth $1,724,000 after purchasing an additional 2,616 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in EOG Resources by 30.1% in the 1st quarter. Canada Pension Plan Investment Board now owns 195,782 shares of the energy exploration company’s stock valued at $25,107,000 after buying an additional 45,295 shares in the last quarter. Pinnacle Financial Partners Inc boosted its stake in EOG Resources by 4.7% in the 1st quarter. Pinnacle Financial Partners Inc now owns 182,634 shares of the energy exploration company’s stock valued at $23,032,000 after buying an additional 8,127 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in EOG Resources by 49.3% in the 1st quarter. Concurrent Investment Advisors LLC now owns 11,497 shares of the energy exploration company’s stock valued at $1,474,000 after buying an additional 3,794 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in EOG Resources in the 1st quarter valued at $2,796,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Royal Bank Of Canada boosted their price target on EOG Resources from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Piper Sandler set a $129.00 price target on EOG Resources and gave the company a “neutral” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EOG Resources in a research note on Wednesday, October 8th. Raymond James Financial raised their price objective on shares of EOG Resources from $158.00 to $161.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 22nd. Finally, Melius Research began coverage on shares of EOG Resources in a report on Wednesday, August 20th. They set a “buy” rating and a $173.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fifteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $140.76.

EOG Resources Price Performance

EOG Resources stock opened at $106.38 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.61 and a current ratio of 1.79. The firm has a market cap of $58.08 billion, a P/E ratio of 10.34, a P/E/G ratio of 8.35 and a beta of 0.74. The business’s fifty day moving average is $115.38 and its two-hundred day moving average is $115.76. EOG Resources, Inc. has a 52 week low of $102.52 and a 52 week high of $138.18.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.18. The company had revenue of $5.48 billion for the quarter, compared to analyst estimates of $5.45 billion. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The business’s revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.16 earnings per share. Equities research analysts forecast that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

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.