EOG Resources, Inc. $EOG Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd raised its holdings in EOG Resources, Inc. (NYSE:EOG) by 14.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 47,379 shares of the energy exploration company’s stock after acquiring an additional 6,051 shares during the period. UniSuper Management Pty Ltd’s holdings in EOG Resources were worth $5,312,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in EOG. TrueMark Investments LLC grew its position in shares of EOG Resources by 42.5% in the third quarter. TrueMark Investments LLC now owns 57,339 shares of the energy exploration company’s stock valued at $6,429,000 after purchasing an additional 17,115 shares during the period. Rossmore Private Capital grew its holdings in EOG Resources by 5.0% in the 3rd quarter. Rossmore Private Capital now owns 8,047 shares of the energy exploration company’s stock valued at $902,000 after buying an additional 384 shares during the period. Teacher Retirement System of Texas increased its stake in shares of EOG Resources by 88.1% during the 3rd quarter. Teacher Retirement System of Texas now owns 208,685 shares of the energy exploration company’s stock valued at $23,398,000 after acquiring an additional 97,737 shares during the last quarter. iA Global Asset Management Inc. increased its stake in shares of EOG Resources by 14.6% during the 3rd quarter. iA Global Asset Management Inc. now owns 38,450 shares of the energy exploration company’s stock valued at $4,311,000 after acquiring an additional 4,897 shares during the last quarter. Finally, Ridgewood Investments LLC lifted its holdings in shares of EOG Resources by 18.0% during the 3rd quarter. Ridgewood Investments LLC now owns 13,901 shares of the energy exploration company’s stock worth $1,464,000 after acquiring an additional 2,119 shares during the period. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Insider Activity

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the transaction, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. The trade was a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Sanford C. Bernstein restated a “market perform” rating and issued a $126.00 target price (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. Jefferies Financial Group set a $140.00 price objective on shares of EOG Resources in a research note on Wednesday, January 14th. Evercore ISI boosted their price objective on shares of EOG Resources from $141.00 to $149.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Johnson Rice cut their target price on EOG Resources from $145.00 to $135.00 and set a “hold” rating on the stock in a research report on Friday, December 5th. Finally, Citigroup reiterated a “neutral” rating and issued a $115.00 target price (down previously from $125.00) on shares of EOG Resources in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, EOG Resources presently has an average rating of “Hold” and an average target price of $134.67.

EOG Resources Trading Up 1.8%

NYSE:EOG opened at $108.26 on Monday. The business’s 50-day moving average is $106.68 and its two-hundred day moving average is $112.08. The firm has a market capitalization of $58.74 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 9.00 and a beta of 0.49. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $135.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.43.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.29. The business had revenue of $5.85 billion during the quarter, compared to analyst estimates of $5.48 billion. EOG Resources had a return on equity of 19.80% and a net margin of 24.49%.The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.89 earnings per share. Research analysts predict that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be paid a dividend of $1.02 per share. The ex-dividend date is Friday, January 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.8%. EOG Resources’s dividend payout ratio (DPR) is currently 40.64%.

EOG Resources Company 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.