EOG Resources, Inc. $EOG Shares Acquired by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc increased its position in EOG Resources, Inc. (NYSE:EOG) by 8.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 81,494 shares of the energy exploration company’s stock after purchasing an additional 6,020 shares during the period. EOG Resources accounts for about 2.5% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 16th biggest holding. O Brien Greene & Co. Inc’s holdings in EOG Resources were worth $8,558,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Sivia Capital Partners LLC bought a new position in EOG Resources in the second quarter worth about $258,000. Quantbot Technologies LP bought a new position in EOG Resources in the second quarter worth about $349,000. Gamco Investors INC. ET AL lifted its holdings in EOG Resources by 216.1% in the second quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock worth $785,000 after acquiring an additional 4,485 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in EOG Resources by 2.0% in the second quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock worth $2,725,000 after acquiring an additional 444 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in EOG Resources by 4.4% in the second quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock worth $43,356,000 after acquiring an additional 15,250 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the transaction, the chief financial officer owned 100,246 shares in the company, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 18,230 shares of company stock worth $2,522,568. 0.14% of the stock is currently owned by company insiders.

EOG Resources Trading Up 3.2%

EOG Resources stock opened at $140.29 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72. The firm has a market cap of $74.72 billion, a price-to-earnings ratio of 13.81, a price-to-earnings-growth ratio of 1.74 and a beta of 0.27. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $151.87. The firm’s 50 day moving average price is $136.79 and its two-hundred day moving average price is $119.41.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.18. The firm had revenue of $6.92 billion for the quarter, compared to analyst estimates of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.87 earnings per share. On average, research analysts predict that EOG Resources, Inc. will post 14.83 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Friday, July 17th. This represents a $4.08 annualized dividend and a yield of 2.9%. EOG Resources’s payout ratio is 40.16%.

Analyst Ratings Changes

A number of equities analysts have issued reports on EOG shares. Wolfe Research raised their target price on shares of EOG Resources from $152.00 to $154.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Stephens cut their price target on EOG Resources from $170.00 to $167.00 in a report on Wednesday, May 6th. DA Davidson lifted their price target on EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Sanford C. Bernstein set a $155.00 price target on EOG Resources and gave the company a “market perform” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. lifted their price target on EOG Resources from $145.00 to $148.00 in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat.com, EOG Resources has an average rating of “Moderate Buy” and an average price target of $154.21.

About EOG Resources

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.