Healthcare of Ontario Pension Plan Trust Fund Sells 371,594 Shares of EOG Resources, Inc. $EOG

Healthcare of Ontario Pension Plan Trust Fund reduced its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 32.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 771,449 shares of the energy exploration company’s stock after selling 371,594 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in EOG Resources were worth $81,010,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EOG. Acumen Wealth Advisors LLC acquired a new stake in EOG Resources during the 4th quarter valued at $25,000. Nemes Rush Group LLC acquired a new stake in EOG Resources during the 4th quarter valued at $30,000. Gen Wealth Partners Inc acquired a new stake in EOG Resources during the 4th quarter valued at $30,000. Olistico Wealth LLC acquired a new stake in EOG Resources during the 4th quarter valued at $33,000. Finally, Physician Wealth Advisors Inc. lifted its holdings in EOG Resources by 103.0% during the 4th quarter. Physician Wealth Advisors Inc. now owns 335 shares of the energy exploration company’s stock valued at $35,000 after purchasing an additional 170 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

EOG Resources Stock Down 0.2%

EOG stock opened at $136.42 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.72 and a quick ratio of 1.53. The stock has a market capitalization of $72.66 billion, a price-to-earnings ratio of 13.43 and a beta of 0.25. The business’s fifty day moving average price is $137.04 and its two-hundred day moving average price is $123.99. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.18. The firm had revenue of $6.92 billion for the quarter, compared to analysts’ expectations of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The company’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.87 EPS. On average, equities analysts anticipate that EOG Resources, Inc. will post 16.63 earnings per share for the current year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, July 17th. This represents a $4.08 annualized dividend and a yield of 3.0%. EOG Resources’s dividend payout ratio (DPR) is presently 40.16%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on EOG shares. Sanford C. Bernstein cut their price target on EOG Resources from $167.00 to $155.00 and set a “market perform” rating for the company in a report on Wednesday, May 20th. Roth Mkm reaffirmed a “neutral” rating and set a $136.00 price target on shares of EOG Resources in a report on Wednesday, May 6th. DA Davidson raised their price target on EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wall Street Zen raised EOG Resources from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, BMO Capital Markets raised their price target on EOG Resources from $140.00 to $160.00 and gave the company an “outperform” rating in a report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $156.32.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of the stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at $13,234,924.40. This trade represents a 6.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares in the company, valued at $14,038,449.84. The trade was a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.14% of the stock is owned by company insiders.

EOG Resources Profile

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.