EOG Resources, Inc. (EOG) Shares Bought by Exencial Wealth Advisors LLC
Exencial Wealth Advisors LLC grew its position in shares of EOG Resources, Inc. (NYSE:EOG) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,257 shares of the energy exploration company’s stock after buying an additional 1,120 shares during the quarter. EOG Resources accounts for approximately 1.2% of Exencial Wealth Advisors LLC’s holdings, making the stock its 25th largest position. Exencial Wealth Advisors LLC’s holdings in EOG Resources were worth $3,701,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EOG. Level Four Advisory Services LLC lifted its holdings in shares of EOG Resources by 22.8% during the 1st quarter. Level Four Advisory Services LLC now owns 3,386 shares of the energy exploration company’s stock valued at $330,000 after buying an additional 629 shares during the period. Harbor Advisors LLC increased its stake in shares of EOG Resources by 7.9% in the 1st quarter. Harbor Advisors LLC now owns 25,900 shares of the energy exploration company’s stock worth $2,527,000 after purchasing an additional 1,900 shares in the last quarter. Peconic Partners LLC purchased a new stake in shares of EOG Resources in the 1st quarter worth $17,328,000. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of EOG Resources by 192.3% in the 1st quarter. Point72 Asia Singapore Pte. Ltd. now owns 161,000 shares of the energy exploration company’s stock worth $15,706,000 after purchasing an additional 105,927 shares in the last quarter. Finally, BlueCrest Capital Management Ltd increased its stake in shares of EOG Resources by 26.3% in the 1st quarter. BlueCrest Capital Management Ltd now owns 77,908 shares of the energy exploration company’s stock worth $7,600,000 after purchasing an additional 16,244 shares in the last quarter. 84.70% of the stock is currently owned by hedge funds and other institutional investors.
In other EOG Resources news, EVP David W. Trice sold 3,114 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $106.65, for a total value of $332,108.10. Following the completion of the sale, the executive vice president now owns 80,415 shares of the company’s stock, valued at $8,576,259.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Charles R. Crisp sold 3,411 shares of the firm’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $97.03, for a total transaction of $330,969.33. Following the completion of the sale, the director now directly owns 53,196 shares of the company’s stock, valued at approximately $5,161,607.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 153,692 shares of company stock valued at $3,717,390. 0.53% of the stock is owned by insiders.
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Several equities research analysts have recently commented on the company. Imperial Capital assumed coverage on EOG Resources in a research note on Thursday, September 28th. They issued an “outperform” rating and a $115.00 price objective for the company. Morgan Stanley upgraded EOG Resources from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $97.00 to $106.00 in a research note on Tuesday, September 12th. Barclays PLC restated an “overweight” rating and issued a $101.00 price objective (up from $94.00) on shares of EOG Resources in a research note on Thursday, August 3rd. Robert W. Baird set a $114.00 price objective on EOG Resources and gave the stock a “buy” rating in a research note on Friday. Finally, BMO Capital Markets set a $105.00 price objective on EOG Resources and gave the stock a “buy” rating in a research note on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eighteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $108.79.
Shares of EOG Resources, Inc. (EOG) traded up $0.21 during trading hours on Monday, hitting $101.64. 2,596,800 shares of the company were exchanged, compared to its average volume of 3,122,039. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46. EOG Resources, Inc. has a 1 year low of $81.99 and a 1 year high of $109.37. The company has a market cap of $58,770.00, a P/E ratio of 247.90, a price-to-earnings-growth ratio of 14.55 and a beta of 0.99.
EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.07. EOG Resources had a net margin of 0.10% and a return on equity of 1.73%. The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter last year, the firm earned ($0.40) EPS. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. equities research analysts predict that EOG Resources, Inc. will post 0.78 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Tuesday, October 17th were issued a $0.1675 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Monday, October 16th. EOG Resources’s payout ratio is 6,700.00%.
EOG Resources 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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