EOG Resources, Inc. (NYSE:EOG) is O Brien Greene & Co. Inc’s 3rd Largest Position

O Brien Greene & Co. Inc lessened its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,611 shares of the energy exploration company’s stock after selling 661 shares during the quarter. EOG Resources comprises approximately 3.6% of O Brien Greene & Co. Inc’s portfolio, making the stock its 3rd biggest position. O Brien Greene & Co. Inc’s holdings in EOG Resources were worth $10,355,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. McIlrath & Eck LLC boosted its position in shares of EOG Resources by 77.6% during the 3rd quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock worth $30,000 after purchasing an additional 104 shares in the last quarter. Peoples Bank KS purchased a new position in EOG Resources in the 3rd quarter valued at approximately $31,000. Exchange Traded Concepts LLC grew its holdings in EOG Resources by 530.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock valued at $30,000 after buying an additional 212 shares during the last quarter. Hall Laurie J Trustee purchased a new stake in shares of EOG Resources during the fourth quarter worth about $36,000. Finally, Keener Financial Planning LLC acquired a new stake in EOG Resources during the fourth quarter worth approximately $36,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Performance

EOG opened at $135.70 on Friday. The company has a current ratio of 2.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $125.70 and its 200-day moving average is $122.51. The stock has a market cap of $78.06 billion, a PE ratio of 10.43 and a beta of 1.40. EOG Resources, Inc. has a twelve month low of $106.32 and a twelve month high of $139.67.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Friday, February 23rd. The energy exploration company reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.07). The company had revenue of $6.36 billion for the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a net margin of 31.40% and a return on equity of 25.38%. EOG Resources’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.30 earnings per share. On average, analysts predict that EOG Resources, Inc. will post 12.29 earnings per share for the current year.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend is Monday, April 15th. EOG Resources’s payout ratio is 27.98%.

Wall Street Analysts Forecast Growth

EOG has been the topic of a number of research reports. TD Securities cut their price objective on EOG Resources from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, February 23rd. Morgan Stanley lifted their target price on shares of EOG Resources from $132.00 to $133.00 and gave the company an “equal weight” rating in a report on Monday, April 15th. Stifel Nicolaus cut their price objective on EOG Resources from $153.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday. Susquehanna upped their price target on EOG Resources from $147.00 to $155.00 and gave the stock a “positive” rating in a report on Monday, April 22nd. Finally, StockNews.com raised EOG Resources from a “hold” rating to a “buy” rating in a research report on Monday, April 22nd. Twelve equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $142.19.

About EOG Resources

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.