4,669 Shares in EOG Resources, Inc. (NYSE:EOG) Purchased by CreativeOne Wealth LLC

CreativeOne Wealth LLC bought a new position in shares of EOG Resources, Inc. (NYSE:EOG) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,669 shares of the energy exploration company’s stock, valued at approximately $565,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. McIlrath & Eck LLC boosted its holdings in EOG Resources by 77.6% in the 3rd 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 period. Exchange Traded Concepts LLC boosted its holdings in 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 purchasing an additional 212 shares during the period. Sachetta LLC bought a new stake in EOG Resources in the 4th quarter valued at about $33,000. Hall Laurie J Trustee bought a new stake in EOG Resources in the 4th quarter valued at about $36,000. Finally, Keener Financial Planning LLC bought a new stake in EOG Resources in the 4th quarter valued at about $36,000. Institutional investors own 89.91% of the company’s stock.

Analyst Ratings Changes

EOG has been the subject of several analyst reports. TD Cowen boosted their target price on shares of EOG Resources from $130.00 to $144.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Truist Financial cut shares of EOG Resources from a “buy” rating to a “hold” rating and dropped their target price for the company from $163.00 to $136.00 in a research report on Thursday, May 16th. Citigroup boosted their target price on shares of EOG Resources from $120.00 to $124.00 and gave the company a “neutral” rating in a research report on Monday, March 18th. Morgan Stanley boosted their target price on shares of EOG Resources from $132.00 to $133.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. Finally, KeyCorp upped their price objective on shares of EOG Resources from $147.00 to $157.00 and gave the stock an “overweight” rating in a research report on Monday, April 22nd. Fifteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $141.82.

EOG Resources Trading Down 0.4 %

NYSE:EOG opened at $125.50 on Thursday. The firm’s fifty day moving average is $130.71 and its 200-day moving average is $122.48. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.05 and a current ratio of 2.32. EOG Resources, Inc. has a 52 week low of $106.32 and a 52 week high of $139.67. The firm has a market cap of $72.13 billion, a P/E ratio of 9.96 and a beta of 1.38.

EOG Resources (NYSE:EOG) last issued its earnings results on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $0.12. The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.91 billion. EOG Resources had a net margin of 30.33% and a return on equity of 24.83%. EOG Resources’s revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.69 earnings per share. Equities analysts expect that EOG Resources, Inc. will post 12.19 earnings per share for the current year.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 2.90%. The ex-dividend date is Wednesday, July 17th. EOG Resources’s dividend payout ratio is presently 28.75%.

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 7,802 shares of the company’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $130.07, for a total transaction of $1,014,806.14. Following the transaction, the chief operating officer now owns 39,054 shares in the company, valued at $5,079,753.78. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, COO Jeffrey R. Leitzell sold 7,802 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $130.07, for a total value of $1,014,806.14. Following the completion of the sale, the chief operating officer now owns 39,054 shares in the company, valued at $5,079,753.78. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President Lloyd W. Helms, Jr. sold 1,296 shares of the stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $130.27, for a total transaction of $168,829.92. Following the completion of the sale, the president now owns 161,109 shares of the company’s stock, valued at approximately $20,987,669.43. The disclosure for this sale can be found here. Insiders have sold a total of 11,783 shares of company stock valued at $1,533,465 over the last ninety days. 0.30% of the stock is owned by corporate insiders.

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.