EOG Resources, Inc. (NYSE:EOG) has been assigned a $114.00 price target by analysts at Robert W. Baird in a report released on Friday. The brokerage presently has a “buy” rating on the energy exploration company’s stock. Robert W. Baird’s price target would indicate a potential upside of 12.39% from the stock’s previous close.

Other analysts also recently issued reports about the company. BMO Capital Markets reiterated a “buy” rating and set a $95.00 target price on shares of EOG Resources in a research note on Friday, August 4th. Stifel Nicolaus set a $106.00 target price on EOG Resources and gave the company a “buy” rating in a research note on Thursday, October 5th. Morgan Stanley set a $116.00 target price on EOG Resources and gave the company a “buy” rating in a research note on Wednesday, October 18th. Jefferies Group LLC reiterated a “hold” rating and set a $89.00 target price (down from $101.00) on shares of EOG Resources in a research note on Tuesday, August 29th. Finally, Scotiabank set a $102.00 price target on EOG Resources and gave the stock a “hold” rating in a research note on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eighteen have issued a buy rating to the stock. EOG Resources presently has an average rating of “Buy” and an average price target of $108.79.

Shares of EOG Resources (EOG) traded up $0.07 on Friday, reaching $101.43. The company’s stock had a trading volume of 2,027,400 shares, compared to its average volume of 3,124,405. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46. EOG Resources has a 1-year low of $81.99 and a 1-year high of $109.37. The stock has a market cap of $58,820.00, a P/E ratio of 247.22, a price-to-earnings-growth ratio of 14.51 and a beta of 0.99.

EOG Resources (NYSE:EOG) last issued its earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.12 by $0.07. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same period last year, the business posted ($0.40) EPS. The company’s revenue was up 24.8% compared to the same quarter last year. equities analysts expect that EOG Resources will post 0.78 earnings per share for the current fiscal year.

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In other news, insider Gary L. Thomas sold 25,000 shares of EOG Resources stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $96.63, for a total value of $2,415,750.00. Following the sale, the insider now directly owns 1,067,465 shares of the company’s stock, valued at $103,149,142.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles R. Crisp sold 3,411 shares of EOG Resources stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $97.03, for a total value of $330,969.33. Following the completion of the sale, the director now directly owns 53,196 shares in the company, valued at $5,161,607.88. The disclosure for this sale can be found here. Insiders sold 153,692 shares of company stock worth $3,717,390 over the last ninety days. Insiders own 0.53% of the company’s stock.

Several hedge funds have recently modified their holdings of EOG. Schwab Charles Investment Management Inc. increased its stake in EOG Resources by 1.8% during the first quarter. Schwab Charles Investment Management Inc. now owns 1,810,291 shares of the energy exploration company’s stock worth $176,594,000 after acquiring an additional 31,630 shares during the last quarter. Precocity Capital LP increased its stake in EOG Resources by 100.0% during the first quarter. Precocity Capital LP now owns 200,000 shares of the energy exploration company’s stock worth $19,510,000 after acquiring an additional 100,000 shares during the last quarter. Edmond DE Rothschild Holding S.A. increased its stake in EOG Resources by 10.1% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 16,725 shares of the energy exploration company’s stock worth $1,631,000 after acquiring an additional 1,534 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in EOG Resources during the first quarter worth approximately $4,708,000. Finally, Weiss Multi Strategy Advisers LLC increased its stake in EOG Resources by 171.4% during the first quarter. Weiss Multi Strategy Advisers LLC now owns 127,806 shares of the energy exploration company’s stock worth $12,467,000 after acquiring an additional 80,719 shares during the last quarter. 85.36% of the stock is currently owned by hedge funds and other institutional investors.

About EOG Resources

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

Analyst Recommendations for EOG Resources (NYSE:EOG)

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