65,756 Shares in EOG Resources, Inc. $EOG Acquired by One Way Holdings LLC

One Way Holdings LLC purchased a new position in shares of EOG Resources, Inc. (NYSE:EOG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 65,756 shares of the energy exploration company’s stock, valued at approximately $9,059,000.

Other hedge funds have also modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich grew its position in EOG Resources by 2.1% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 824,699 shares of the energy exploration company’s stock worth $113,897,000 after acquiring an additional 17,188 shares in the last quarter. Bell Investment Advisors Inc boosted its holdings in EOG Resources by 126.6% in the third quarter. Bell Investment Advisors Inc now owns 281 shares of the energy exploration company’s stock worth $39,000 after purchasing an additional 157 shares in the last quarter. Columbia Bank lifted its position in shares of EOG Resources by 12.0% in the third quarter. Columbia Bank now owns 2,546 shares of the energy exploration company’s stock worth $351,000 after buying an additional 273 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of EOG Resources during the 3rd quarter worth about $91,014,000. Finally, ProShare Advisors LLC boosted its stake in shares of EOG Resources by 13.4% during the 3rd quarter. ProShare Advisors LLC now owns 112,689 shares of the energy exploration company’s stock worth $15,524,000 after acquiring an additional 13,325 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

EOG Resources Price Performance

Shares of EOG stock opened at $165.58 on Monday. The stock has a 50 day moving average of $149.06 and a two-hundred day moving average of $136.76. The company has a market capitalization of $86.85 billion, a P/E ratio of 12.89, a P/E/G ratio of 0.58 and a beta of 0.36. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $165.93. The company has a current ratio of 1.85, a quick ratio of 1.68 and a debt-to-equity ratio of 0.25.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.97 by $0.10. The business had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.04 billion. EOG Resources had a return on equity of 23.44% and a net margin of 25.44%. EOG Resources’s quarterly revenue was up 57.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.32 EPS. As a group, equities analysts expect that EOG Resources, Inc. will post 17.70 EPS for the current year.

EOG Resources Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Friday, October 16th were paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, October 16th. EOG Resources’s dividend payout ratio is 31.75%.

Insider Activity at EOG Resources

In other EOG Resources news, CEO Ezra Y. Yacob sold 35,942 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $152.10, for a total transaction of $5,466,778.20. Following the sale, the chief executive officer directly owned 242,451 shares of the company’s stock, valued at $36,876,797.10. The trade was a 12.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Michael P. Donaldson sold 7,336 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $148.00, for a total value of $1,085,728.00. Following the completion of the sale, the executive vice president owned 100,558 shares in the company, valued at $14,882,584. This represents a 6.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,317 shares of company stock worth $7,823,480 over the last ninety days. Company insiders own 0.14% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Mizuho set a $165.00 price target on EOG Resources in a report on Thursday, October 15th. Weiss Ratings upgraded shares of EOG Resources from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, September 8th. Barclays set a $147.00 target price on shares of EOG Resources and gave the stock an “equal weight” rating in a research report on Monday, August 17th. Roth Capital reissued a “neutral” rating and set a $138.00 target price on shares of EOG Resources in a research report on Wednesday, August 5th. Finally, Capital One Financial cut shares of EOG Resources from an “overweight” rating to an “equal weight” rating and set a $153.00 price target for the company. in a report on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and seventeen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $161.24.

EOG Resources Profile

EOG Resources, Inc is an independent exploration and production company engaged in finding, developing, producing and marketing crude oil, natural gas liquids and natural gas. Its operations focus on large, high-quality onshore and international assets, supported by technical expertise in horizontal drilling and hydraulic fracturing.

The company’s principal U.S. activities are concentrated in major shale and onshore plays, including the Delaware Basin, Eagle Ford and other producing regions in Texas and the Rocky Mountains.