EOG Resources, Inc. (NYSE:EOG) Shares Sold by Roanoke Asset Management Corp NY

Roanoke Asset Management Corp NY lessened its position in EOG Resources, Inc. (NYSE:EOGFree Report) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,468 shares of the energy exploration company’s stock after selling 125 shares during the period. Roanoke Asset Management Corp NY’s holdings in EOG Resources were worth $1,992,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. McIlrath & Eck LLC increased its position in EOG Resources by 77.6% during the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock worth $30,000 after purchasing an additional 104 shares during the last quarter. Exchange Traded Concepts LLC increased its position in EOG Resources by 530.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock worth $30,000 after purchasing an additional 212 shares during the last quarter. Hall Laurie J Trustee acquired a new position in EOG Resources during the fourth quarter worth approximately $36,000. Keener Financial Planning LLC acquired a new position in EOG Resources during the fourth quarter worth approximately $36,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in EOG Resources during the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insiders Place Their Bets

In other EOG Resources news, President Lloyd W. Helms, Jr. sold 1,296 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $130.27, for a total transaction of $168,829.92. Following the sale, the president now directly owns 161,109 shares of the company’s stock, valued at $20,987,669.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other EOG Resources news, COO Jeffrey R. Leitzell sold 7,802 shares of the 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 sale, the chief operating officer now directly owns 39,054 shares of the company’s stock, valued at $5,079,753.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 stock was 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 directly owns 161,109 shares in the company, valued at approximately $20,987,669.43. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,783 shares of company stock valued at $1,533,465. Company insiders own 0.30% of the company’s stock.

EOG Resources Stock Up 1.6 %

NYSE EOG traded up $2.02 during trading hours on Friday, reaching $129.94. 2,340,077 shares of the company traded hands, compared to its average volume of 3,038,152. EOG Resources, Inc. has a 12 month low of $106.32 and a 12 month high of $139.67. The company has a current ratio of 2.32, a quick ratio of 2.05 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $74.68 billion, a PE ratio of 10.26 and a beta of 1.38. The company has a 50 day moving average of $130.30 and a two-hundred day moving average of $122.48.

EOG Resources (NYSE:EOGGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The energy exploration company reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.70 by $0.12. EOG Resources had a net margin of 30.33% and a return on equity of 24.83%. The firm had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $5.91 billion. During the same period in the prior year, the firm posted $2.69 EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. As a group, equities analysts expect that EOG Resources, Inc. will post 12.19 earnings per share for the current year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be paid a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 17th. This represents a $3.64 dividend on an annualized basis and a yield of 2.80%. EOG Resources’s dividend payout ratio (DPR) is 28.75%.

Analysts Set New Price Targets

Several brokerages recently commented on EOG. JPMorgan Chase & Co. upped their price target on shares of EOG Resources from $134.00 to $141.00 and gave the stock a “neutral” rating in a research report on Thursday, March 28th. TD Cowen boosted their price objective on shares of EOG Resources from $130.00 to $144.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. KeyCorp boosted their price objective on shares of EOG Resources from $147.00 to $157.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. Morgan Stanley boosted their price objective on shares of EOG Resources from $132.00 to $133.00 and gave the stock an “equal weight” rating in a research note on Monday, April 15th. Finally, Raymond James decreased their price objective on shares of EOG Resources from $148.00 to $145.00 and set a “strong-buy” rating for the company in a research note on Wednesday, January 24th. Fifteen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $141.82.

Get Our Latest Analysis on EOG Resources

About EOG Resources

(Free Report)

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.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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