Capital International Sarl Purchases Shares of 2,116 EOG Resources, Inc. (NYSE:EOG)

Capital International Sarl purchased a new stake in EOG Resources, Inc. (NYSE:EOG) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,116 shares of the energy exploration company’s stock, valued at approximately $271,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wright Investors Service Inc. raised its position in shares of EOG Resources by 0.8% during the first quarter. Wright Investors Service Inc. now owns 10,163 shares of the energy exploration company’s stock worth $1,299,000 after purchasing an additional 80 shares during the period. Field & Main Bank grew its holdings in EOG Resources by 1.4% during the first quarter. Field & Main Bank now owns 6,163 shares of the energy exploration company’s stock worth $788,000 after buying an additional 83 shares in the last quarter. PDS Planning Inc grew its holdings in EOG Resources by 4.1% during the first quarter. PDS Planning Inc now owns 2,152 shares of the energy exploration company’s stock worth $275,000 after buying an additional 84 shares in the last quarter. Moody National Bank Trust Division grew its holdings in EOG Resources by 1.0% during the first quarter. Moody National Bank Trust Division now owns 8,420 shares of the energy exploration company’s stock worth $1,076,000 after buying an additional 87 shares in the last quarter. Finally, FinTrust Capital Advisors LLC grew its holdings in EOG Resources by 26.9% during the fourth quarter. FinTrust Capital Advisors LLC now owns 420 shares of the energy exploration company’s stock worth $51,000 after buying an additional 89 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

EOG Resources Trading Up 0.1 %

EOG Resources stock traded up $0.11 during trading hours on Friday, reaching $127.15. The company had a trading volume of 2,214,477 shares, compared to its average volume of 2,510,345. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.32 and a quick ratio of 2.05. The company has a 50-day moving average price of $124.73 and a 200 day moving average price of $123.29. The firm has a market cap of $73.07 billion, a price-to-earnings ratio of 10.04, a P/E/G ratio of 2.22 and a beta of 1.30. EOG Resources, Inc. has a 12-month low of $108.94 and a 12-month high of $139.67.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.12. EOG Resources had a return on equity of 24.83% and a net margin of 30.33%. The firm had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $5.91 billion. During the same period in the previous year, the firm earned $2.69 earnings per share. The business’s revenue was up 1.3% compared to the same quarter last year. Equities analysts forecast that EOG Resources, Inc. will post 12.13 earnings per share for the current year.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $3.64 annualized dividend and a dividend yield of 2.86%. EOG Resources’s dividend payout ratio (DPR) is presently 28.75%.

Insider Activity

In other news, EVP Michael P. Donaldson sold 2,685 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $130.29, for a total transaction of $349,828.65. Following the transaction, the executive vice president now directly owns 109,040 shares of the company’s stock, valued at $14,206,821.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Michael P. Donaldson sold 2,685 shares of the company’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $130.29, for a total value of $349,828.65. Following the sale, the executive vice president now directly owns 109,040 shares of the company’s stock, valued at $14,206,821.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ezra Y. Yacob sold 4,729 shares of the company’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total value of $611,506.99. Following the completion of the sale, the chief executive officer now directly owns 150,474 shares in the company, valued at $19,457,792.94. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,512 shares of company stock valued at $2,144,972. Company insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EOG. StockNews.com downgraded EOG Resources from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Wolfe Research started coverage on EOG Resources in a research note on Thursday, July 18th. They issued a “peer perform” rating for the company. Stifel Nicolaus dropped their price target on EOG Resources from $153.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Morgan Stanley lifted their price target on EOG Resources from $132.00 to $133.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. Finally, Citigroup boosted their target price on EOG Resources from $124.00 to $130.00 and gave the stock a “neutral” rating in a research report on Friday, May 24th. Fifteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $143.20.

EOG Resources Company Profile

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.