Evexia Wealth LLC Has $3.61 Million Position in EOG Resources, Inc. $EOG

Evexia Wealth LLC lessened its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 20.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,357 shares of the energy exploration company’s stock after selling 6,766 shares during the quarter. Evexia Wealth LLC’s holdings in EOG Resources were worth $3,610,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Bollard Group LLC lifted its stake in shares of EOG Resources by 0.8% in the third quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock valued at $1,317,000 after buying an additional 93 shares in the last quarter. RKL Wealth Management LLC grew its holdings in shares of EOG Resources by 0.5% during the third quarter. RKL Wealth Management LLC now owns 21,235 shares of the energy exploration company’s stock valued at $2,381,000 after buying an additional 98 shares during the last quarter. CoreFirst Bank & Trust increased its position in shares of EOG Resources by 18.5% during the third quarter. CoreFirst Bank & Trust now owns 640 shares of the energy exploration company’s stock worth $72,000 after acquiring an additional 100 shares in the last quarter. Ethos Financial Group LLC increased its position in shares of EOG Resources by 2.5% during the fourth quarter. Ethos Financial Group LLC now owns 4,180 shares of the energy exploration company’s stock worth $439,000 after acquiring an additional 100 shares in the last quarter. Finally, Sumitomo Life Insurance Co. raised its holdings in shares of EOG Resources by 0.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 22,784 shares of the energy exploration company’s stock worth $2,393,000 after acquiring an additional 102 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of the stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the sale, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.14% of the company’s stock.

Wall Street Analyst Weigh In

EOG has been the topic of several recent research reports. Stephens dropped their price target on shares of EOG Resources from $170.00 to $167.00 in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price target on EOG Resources from $145.00 to $148.00 in a research note on Thursday, May 7th. Wall Street Zen raised EOG Resources from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Royal Bank Of Canada increased their price objective on EOG Resources from $138.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 8th. Finally, Jefferies Financial Group raised their target price on EOG Resources from $146.00 to $170.00 and gave the company a “buy” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, EOG Resources currently has a consensus rating of “Moderate Buy” and an average target price of $156.32.

EOG Resources Stock Performance

NYSE EOG opened at $130.05 on Monday. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $151.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.72 and a quick ratio of 1.53. The firm has a market cap of $69.27 billion, a price-to-earnings ratio of 12.80 and a beta of 0.25. The company has a fifty day moving average price of $135.96 and a 200-day moving average price of $124.86.

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

EOG Resources Dividend Announcement

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. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio is presently 40.16%.

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.