Jones Financial Companies Lllp lowered its holdings in EOG Resources Inc (NYSE:EOG) by 3.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 31,248 shares of the energy exploration company’s stock after selling 1,122 shares during the quarter. Jones Financial Companies Lllp’s holdings in EOG Resources were worth $3,372,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Clearbridge Investments LLC boosted its position in shares of EOG Resources by 106.6% in the 4th quarter. Clearbridge Investments LLC now owns 1,101 shares of the energy exploration company’s stock valued at $119,000 after purchasing an additional 568 shares during the period. Chicago Partners Investment Group LLC boosted its position in shares of EOG Resources by 178.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,112 shares of the energy exploration company’s stock valued at $108,000 after purchasing an additional 712 shares during the period. SeaCrest Wealth Management LLC acquired a new stake in shares of EOG Resources in the 4th quarter valued at about $123,000. Cerebellum GP LLC acquired a new stake in shares of EOG Resources in the 4th quarter valued at about $125,000. Finally, Quantbot Technologies LP acquired a new stake in shares of EOG Resources in the 3rd quarter valued at about $153,000. Institutional investors and hedge funds own 85.69% of the company’s stock.
In related news, President Gary L. Thomas sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $107.95, for a total value of $215,900.00. Following the completion of the transaction, the president now directly owns 1,046,430 shares of the company’s stock, valued at approximately $112,962,118.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Timothy K. Driggers sold 8,871 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $105.45, for a total value of $935,446.95. Following the completion of the transaction, the chief financial officer now directly owns 185,157 shares of the company’s stock, valued at $19,524,805.65. The disclosure for this sale can be found here. Insiders sold a total of 69,934 shares of company stock valued at $7,820,085 over the last ninety days. 0.53% of the stock is currently owned by company insiders.
Shares of EOG Resources Inc (EOG) opened at $102.80 on Monday. EOG Resources Inc has a 1-year low of $81.99 and a 1-year high of $119.00. The company has a market capitalization of $59,483.82, a P/E ratio of 92.61, a PEG ratio of 3.27 and a beta of 1.09. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 0.37.
EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, February 27th. The energy exploration company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.30. EOG Resources had a return on equity of 4.47% and a net margin of 23.04%. The firm had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.03 billion. sell-side analysts anticipate that EOG Resources Inc will post 4.11 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Monday, April 16th will be paid a $0.185 dividend. This is an increase from EOG Resources’s previous quarterly dividend of $0.17. This represents a $0.74 annualized dividend and a yield of 0.72%. The ex-dividend date is Friday, April 13th. EOG Resources’s dividend payout ratio (DPR) is presently 15.02%.
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EOG Resources Profile
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.
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