Pettyjohn Wood & White Inc. increased its stake in EOG Resources, Inc. (NYSE:EOG) by 42.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,550 shares of the energy exploration company’s stock after purchasing an additional 1,950 shares during the quarter. Pettyjohn Wood & White Inc.’s holdings in EOG Resources were worth $593,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. IHT Wealth Management LLC lifted its holdings in shares of EOG Resources by 4.1% during the first quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock worth $101,000 after buying an additional 41 shares during the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of EOG Resources by 60.0% during the first quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock worth $104,000 after buying an additional 401 shares during the last quarter. Advantage Investment Management LLC lifted its holdings in shares of EOG Resources by 16.6% during the first quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock worth $105,000 after buying an additional 154 shares during the last quarter. Winfield Associates Inc. lifted its holdings in shares of EOG Resources by 5.3% during the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock worth $111,000 after buying an additional 57 shares during the last quarter. Finally, Exane Derivatives lifted its holdings in shares of EOG Resources by 19.8% during the second quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock worth $105,000 after buying an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 85.37% of the company’s stock.

EOG Resources, Inc. (NYSE EOG) traded up 0.70% during trading on Friday, reaching $94.55. The company’s stock had a trading volume of 2,290,433 shares. The stock’s market cap is $54.60 billion. The firm has a 50 day moving average price of $87.81 and a 200-day moving average price of $91.61. EOG Resources, Inc. has a 52-week low of $81.99 and a 52-week high of $109.37.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.51 billion. EOG Resources had a negative net margin of 2.88% and a negative return on equity of 0.68%. The firm’s revenue for the quarter was up 47.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.38) earnings per share. On average, analysts expect that EOG Resources, Inc. will post $0.60 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 17th will be paid a $0.1675 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Monday, October 16th. EOG Resources’s dividend payout ratio is -131.37%.

EOG has been the subject of a number of research analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $111.00 price target on shares of EOG Resources in a report on Friday, July 14th. BMO Capital Markets reiterated a “buy” rating and set a $95.00 price target on shares of EOG Resources in a report on Friday, August 4th. ValuEngine upgraded EOG Resources from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Credit Suisse Group set a $108.00 price target on EOG Resources and gave the stock a “hold” rating in a report on Friday, June 2nd. Finally, Scotiabank set a $100.00 price target on EOG Resources and gave the stock a “hold” rating in a report on Saturday, July 1st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-two have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $107.54.

In other news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $88.22, for a total value of $352,880.00. Following the transaction, the executive vice president now directly owns 70,987 shares of the company’s stock, valued at approximately $6,262,473.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.53% of the stock is owned by insiders.

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EOG Resources Company Profile

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

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

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