Vaughan David Investments LLC IL Sells 5,775 Shares of EOG Resources, Inc. $EOG

Vaughan David Investments LLC IL trimmed its position in EOG Resources, Inc. (NYSE:EOG) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 313,624 shares of the energy exploration company’s stock after selling 5,775 shares during the period. Vaughan David Investments LLC IL owned 0.06% of EOG Resources worth $32,934,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Sivia Capital Partners LLC purchased a new stake in shares of EOG Resources during the 2nd quarter valued at $258,000. Quantbot Technologies LP purchased a new stake in shares of EOG Resources during the 2nd quarter valued at $349,000. Gamco Investors INC. ET AL raised its position in shares of EOG Resources by 216.1% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock valued at $785,000 after buying an additional 4,485 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of EOG Resources by 2.0% during the 2nd quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock valued at $2,725,000 after buying an additional 444 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of EOG Resources by 4.4% during the 2nd quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock valued at $43,356,000 after buying an additional 15,250 shares in the last quarter. 89.91% of the stock is owned by institutional investors.

Insider Transactions at EOG Resources

In related news, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares in the company, valued at $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total transaction of $856,523.36. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at $13,234,924.40. This represents a 6.08% decrease in their position. The SEC filing for this sale provides additional information. 0.14% of the stock is currently owned by insiders.

EOG Resources Price Performance

EOG stock opened at $136.50 on Friday. The firm’s 50-day moving average price is $137.12 and its two-hundred day moving average price is $123.78. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87. The stock has a market capitalization of $72.71 billion, a price-to-earnings ratio of 13.44 and a beta of 0.25. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.26.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm had revenue of $6.92 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same quarter in the previous year, the company earned $2.87 earnings per share. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. As a group, equities analysts predict that EOG Resources, Inc. will post 16.63 earnings per share for the current year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a $1.02 dividend. The ex-dividend date is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.0%. EOG Resources’s payout ratio is presently 40.16%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EOG. Barclays raised their price objective on shares of EOG Resources from $140.00 to $153.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Mizuho set a $157.00 price objective on shares of EOG Resources and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Jefferies Financial Group lifted their target price on shares of EOG Resources from $146.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Raymond James Financial lifted their target price on shares of EOG Resources from $157.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. lifted their target price on shares of EOG Resources from $145.00 to $148.00 in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.32.

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.