Dupree Financial Group LLC Sells 27,427 Shares of EOG Resources, Inc. $EOG

Dupree Financial Group LLC decreased its position in shares of EOG Resources, Inc. (NYSE:EOG) by 46.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,619 shares of the energy exploration company’s stock after selling 27,427 shares during the period. EOG Resources accounts for 1.8% of Dupree Financial Group LLC’s holdings, making the stock its 22nd biggest position. Dupree Financial Group LLC’s holdings in EOG Resources were worth $4,571,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. 3Chopt Investment Partners LLC grew its holdings in EOG Resources by 5.4% in the first quarter. 3Chopt Investment Partners LLC now owns 8,154 shares of the energy exploration company’s stock worth $1,179,000 after purchasing an additional 415 shares during the last quarter. Continuum Advisory LLC boosted its position in shares of EOG Resources by 22.1% in the 1st quarter. Continuum Advisory LLC now owns 9,303 shares of the energy exploration company’s stock worth $1,345,000 after purchasing an additional 1,681 shares in the last quarter. Pinnacle Bancorp Inc. boosted its position in shares of EOG Resources by 13.0% in the 1st quarter. Pinnacle Bancorp Inc. now owns 3,125 shares of the energy exploration company’s stock worth $452,000 after purchasing an additional 360 shares in the last quarter. Apollon Wealth Management LLC grew its stake in EOG Resources by 5.6% during the 1st quarter. Apollon Wealth Management LLC now owns 19,157 shares of the energy exploration company’s stock worth $2,770,000 after buying an additional 1,009 shares during the last quarter. Finally, Princeton Global Asset Management LLC grew its stake in EOG Resources by 4.6% during the 1st quarter. Princeton Global Asset Management LLC now owns 26,667 shares of the energy exploration company’s stock worth $3,855,000 after buying an additional 1,164 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the transaction, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.14% of the company’s stock.

EOG Resources Stock Up 0.0%

EOG stock opened at $132.64 on Monday. The company has a market capitalization of $70.65 billion, a P/E ratio of 13.06 and a beta of 0.25. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $151.87. The firm’s fifty day simple moving average is $135.81 and its 200-day simple moving average is $125.65. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.72 and a quick ratio of 1.53.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.18. The firm had revenue of $6.92 billion during the quarter, compared to analysts’ expectations of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm’s revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.87 earnings per share. As a group, equities research analysts forecast that EOG Resources, Inc. will post 16.64 earnings per share for the current year.

EOG Resources Dividend Announcement

The business also recently declared 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. This represents a $4.08 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio (DPR) is currently 40.16%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Scotiabank increased their price target on EOG Resources from $123.00 to $139.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. Wall Street Zen upgraded EOG Resources from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. The Goldman Sachs Group boosted their price target on EOG Resources from $135.00 to $139.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. DA Davidson upped their price objective on shares of EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Truist Financial increased their price objective on shares of EOG Resources from $146.00 to $149.00 and gave the company a “hold” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, EOG Resources presently has an average rating of “Moderate Buy” and an average target price of $155.86.

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.