7,141 Shares in EOG Resources, Inc. $EOG Acquired by North Dallas Bank & Trust Co.

North Dallas Bank & Trust Co. purchased a new position in EOG Resources, Inc. (NYSE:EOG) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,141 shares of the energy exploration company’s stock, valued at approximately $854,000.

A number of other hedge funds also recently made changes to their positions in EOG. Horizon Investments LLC increased its stake in EOG Resources by 1.9% during the 1st quarter. Horizon Investments LLC now owns 16,362 shares of the energy exploration company’s stock worth $2,079,000 after buying an additional 298 shares during the period. Aberdeen Group plc boosted its position in EOG Resources by 84.1% in the 1st quarter. Aberdeen Group plc now owns 324,826 shares of the energy exploration company’s stock valued at $41,885,000 after buying an additional 148,382 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of EOG Resources by 6.6% during the first quarter. EverSource Wealth Advisors LLC now owns 6,601 shares of the energy exploration company’s stock valued at $847,000 after acquiring an additional 411 shares in the last quarter. Ethic Inc. increased its position in shares of EOG Resources by 20.7% during the first quarter. Ethic Inc. now owns 5,282 shares of the energy exploration company’s stock worth $683,000 after acquiring an additional 905 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC lifted its stake in shares of EOG Resources by 2.5% in the first quarter. Forvis Mazars Wealth Advisors LLC now owns 8,258 shares of the energy exploration company’s stock worth $1,059,000 after acquiring an additional 198 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EOG. Barclays set a $136.00 price objective on EOG Resources and gave the company an “equal weight” rating in a research note on Tuesday, October 7th. Argus downgraded shares of EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday, August 25th. Jefferies Financial Group set a $145.00 price target on shares of EOG Resources in a report on Sunday, October 12th. Roth Capital reduced their price objective on shares of EOG Resources from $126.00 to $114.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 15th. Finally, Wolfe Research decreased their price objective on shares of EOG Resources from $139.00 to $138.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $139.43.

EOG Resources Stock Down 1.4%

EOG stock opened at $108.01 on Friday. The firm has a market cap of $58.61 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 8.17 and a beta of 0.49. EOG Resources, Inc. has a 1-year low of $102.52 and a 1-year high of $138.18. The firm has a fifty day moving average price of $108.00 and a two-hundred day moving average price of $115.01. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.43.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.29. EOG Resources had a return on equity of 19.80% and a net margin of 24.49%.The firm had revenue of $5.85 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same period in the prior year, the business earned $2.89 EPS. The firm’s revenue was down 2.0% on a year-over-year basis. Research analysts predict that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be issued a $1.02 dividend. The ex-dividend date is Friday, January 16th. This represents a $4.08 annualized dividend and a dividend yield of 3.8%. EOG Resources’s dividend payout ratio (DPR) is 40.64%.

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.