Keybank National Association OH reduced its holdings in EOG Resources Inc (NYSE:EOG) by 1.3% during the 3rd quarter, Holdings Channel reports. The firm owned 73,983 shares of the energy exploration company’s stock after selling 996 shares during the quarter. Keybank National Association OH’s holdings in EOG Resources were worth $9,438,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Security National Bank grew its position in EOG Resources by 2.3% during the third quarter. Security National Bank now owns 28,860 shares of the energy exploration company’s stock worth $3,682,000 after buying an additional 649 shares in the last quarter. Summit Global Investments grew its position in EOG Resources by 574.0% during the second quarter. Summit Global Investments now owns 35,384 shares of the energy exploration company’s stock worth $4,403,000 after buying an additional 30,134 shares in the last quarter. Pittenger & Anderson Inc. grew its position in EOG Resources by 11.6% during the second quarter. Pittenger & Anderson Inc. now owns 17,520 shares of the energy exploration company’s stock worth $2,180,000 after buying an additional 1,815 shares in the last quarter. Chesley Taft & Associates LLC grew its position in EOG Resources by 5.5% during the third quarter. Chesley Taft & Associates LLC now owns 25,846 shares of the energy exploration company’s stock worth $3,297,000 after buying an additional 1,340 shares in the last quarter. Finally, Icon Advisers Inc. Co. acquired a new stake in EOG Resources during the second quarter worth about $12,530,000. 85.65% of the stock is currently owned by institutional investors.

In other news, Director Charles R. Crisp sold 1,792 shares of EOG Resources stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $116.80, for a total value of $209,305.60. Following the completion of the transaction, the director now owns 49,741 shares in the company, valued at $5,809,748.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP David W. Trice sold 2,489 shares of EOG Resources stock in a transaction that occurred on Friday, September 28th. The shares were sold at an average price of $127.44, for a total transaction of $317,198.16. Following the completion of the transaction, the executive vice president now owns 74,807 shares of the company’s stock, valued at approximately $9,533,404.08. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

Shares of EOG opened at $105.71 on Tuesday. The stock has a market cap of $61.01 billion, a price-to-earnings ratio of 94.38, a price-to-earnings-growth ratio of 1.23 and a beta of 1.16. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.09 and a quick ratio of 0.92. EOG Resources Inc has a 12 month low of $96.54 and a 12 month high of $133.53.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Friday, November 2nd. The energy exploration company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.19. The firm had revenue of $4.78 billion during the quarter, compared to analysts’ expectations of $4.20 billion. EOG Resources had a net margin of 30.90% and a return on equity of 16.79%. The company’s revenue for the quarter was up 80.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 earnings per share. As a group, sell-side analysts anticipate that EOG Resources Inc will post 6 earnings per share for the current fiscal year.

A number of research firms recently weighed in on EOG. Stephens set a $122.00 target price on EOG Resources and gave the stock a “hold” rating in a research report on Wednesday, July 25th. Piper Jaffray Companies set a $138.00 target price on EOG Resources and gave the stock a “buy” rating in a research report on Sunday, September 30th. Stifel Nicolaus set a $147.00 target price on EOG Resources and gave the stock a “buy” rating in a research report on Friday, August 3rd. Morgan Stanley lifted their target price on EOG Resources from $122.00 to $123.00 and gave the stock a “hold” rating in a research report on Wednesday, September 26th. Finally, Zacks Investment Research downgraded EOG Resources from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Nine investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $138.26.

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About EOG Resources

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the United Kingdom, the People's Republic of China, and Canada.

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

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