Vanguard Personalized Indexing Management LLC Purchases 5,156 Shares of EOG Resources, Inc. $EOG

Vanguard Personalized Indexing Management LLC lifted its position in EOG Resources, Inc. (NYSE:EOG) by 9.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 61,742 shares of the energy exploration company’s stock after purchasing an additional 5,156 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in EOG Resources were worth $7,386,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in EOG. Banque Cantonale Vaudoise bought a new position in shares of EOG Resources in the first quarter worth approximately $26,000. Saudi Central Bank bought a new position in shares of EOG Resources in the first quarter worth approximately $28,000. Raleigh Capital Management Inc. bought a new position in shares of EOG Resources in the second quarter worth approximately $29,000. Alpine Bank Wealth Management bought a new position in shares of EOG Resources in the first quarter worth approximately $34,000. Finally, ORG Partners LLC grew its holdings in shares of EOG Resources by 45.1% in the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock worth $34,000 after purchasing an additional 88 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Performance

Shares of EOG Resources stock opened at $108.14 on Monday. The company has a current ratio of 1.79, a quick ratio of 1.61 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $59.04 billion, a P/E ratio of 10.51, a P/E/G ratio of 8.36 and a beta of 0.74. The business has a fifty day simple moving average of $117.43 and a two-hundred day simple moving average of $116.57. EOG Resources, Inc. has a 12 month low of $102.52 and a 12 month high of $138.18.

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EOG. Jefferies Financial Group set a $145.00 price target on EOG Resources in a research note on Sunday. Susquehanna raised their price target on EOG Resources from $156.00 to $170.00 and gave the stock a “positive” rating in a research note on Wednesday, July 23rd. Wolfe Research dropped their price target on EOG Resources from $139.00 to $138.00 and set an “outperform” rating for the company in a research note on Wednesday, October 1st. Piper Sandler dropped their price target on EOG Resources from $138.00 to $136.00 and set a “neutral” rating for the company in a research note on Thursday, July 17th. Finally, Stephens began coverage on EOG Resources in a research note on Tuesday, June 17th. They issued an “equal weight” rating and a $137.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $143.30.

EOG Resources 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.