EOG Resources, Inc. $EOG Shares Sold by RHS Financial LLC

RHS Financial LLC reduced its position in EOG Resources, Inc. (NYSE:EOG) by 21.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,767 shares of the energy exploration company’s stock after selling 758 shares during the period. RHS Financial LLC’s holdings in EOG Resources were worth $331,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in shares of EOG Resources by 21.1% in the first quarter. Farther Finance Advisors LLC now owns 4,149 shares of the energy exploration company’s stock worth $536,000 after buying an additional 722 shares during the period. GAMMA Investing LLC lifted its stake in EOG Resources by 16.1% in the 1st quarter. GAMMA Investing LLC now owns 9,992 shares of the energy exploration company’s stock worth $1,281,000 after acquiring an additional 1,383 shares in the last quarter. Elevation Point Wealth Partners LLC boosted its position in EOG Resources by 39.3% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 8,126 shares of the energy exploration company’s stock worth $1,042,000 after acquiring an additional 2,292 shares during the period. CVA Family Office LLC grew its stake in EOG Resources by 15.6% during the 1st quarter. CVA Family Office LLC now owns 987 shares of the energy exploration company’s stock valued at $127,000 after acquiring an additional 133 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in EOG Resources by 37.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 162,603 shares of the energy exploration company’s stock valued at $20,852,000 after acquiring an additional 44,687 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Stock Down 3.4%

EOG opened at $108.14 on Monday. EOG Resources, Inc. has a fifty-two week low of $102.52 and a fifty-two week high of $138.18. The business has a 50-day moving average of $117.43 and a 200-day moving average of $116.57. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.79 and a quick ratio of 1.61. The company has a market capitalization of $59.04 billion, a PE ratio of 10.51, a price-to-earnings-growth ratio of 8.36 and a beta of 0.74.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.18. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The company had revenue of $5.48 billion during the quarter, compared to the consensus estimate of $5.45 billion. During the same period last year, the business earned $3.16 EPS. The business’s quarterly revenue was down 9.1% on a year-over-year basis. Equities research analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on EOG. Barclays set a $136.00 price objective on shares of EOG Resources and gave the company an “equal weight” rating in a research report on Tuesday, October 7th. Jefferies Financial Group set a $145.00 target price on shares of EOG Resources in a research note on Sunday. Evercore ISI upped their price target on shares of EOG Resources from $141.00 to $149.00 and gave the stock an “outperform” rating in a research note on Monday, October 6th. Royal Bank Of Canada increased their price objective on EOG Resources from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Finally, Melius Research began coverage on EOG Resources in a research report on Wednesday, August 20th. They set a “buy” rating and a $173.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $143.30.

About EOG Resources

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.