1,721 Shares in EOG Resources, Inc. (NYSE:EOG) Bought by Monument Capital Management

Monument Capital Management bought a new position in EOG Resources, Inc. (NYSE:EOG) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,721 shares of the energy exploration company’s stock, valued at approximately $220,000.

Several other large investors have also made changes to their positions in EOG. McIlrath & Eck LLC raised its position in EOG Resources by 77.6% in the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock valued at $30,000 after purchasing an additional 104 shares during the period. Exchange Traded Concepts LLC raised its position in EOG Resources by 530.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock valued at $30,000 after purchasing an additional 212 shares during the period. Sachetta LLC purchased a new position in EOG Resources in the fourth quarter valued at about $33,000. Hall Laurie J Trustee purchased a new position in EOG Resources in the fourth quarter valued at about $36,000. Finally, Keener Financial Planning LLC purchased a new position in EOG Resources in the fourth quarter valued at about $36,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, CEO Ezra Y. Yacob sold 4,729 shares of the company’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total value of $611,506.99. Following the transaction, the chief executive officer now owns 150,474 shares of the company’s stock, valued at $19,457,792.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other EOG Resources news, COO Jeffrey R. Leitzell sold 7,802 shares of the company’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $130.07, for a total value of $1,014,806.14. Following the transaction, the chief operating officer now owns 39,054 shares of the company’s stock, valued at $5,079,753.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Ezra Y. Yacob sold 4,729 shares of EOG Resources stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total transaction of $611,506.99. Following the transaction, the chief executive officer now owns 150,474 shares in the company, valued at $19,457,792.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,512 shares of company stock valued at $2,144,972. Corporate insiders own 0.20% of the company’s stock.

EOG Resources Stock Performance

Shares of NYSE EOG opened at $126.78 on Thursday. The company has a current ratio of 2.32, a quick ratio of 2.05 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $125.96 and a 200-day simple moving average of $122.53. The company has a market cap of $72.86 billion, a PE ratio of 10.01, a P/E/G ratio of 1.75 and a beta of 1.30. EOG Resources, Inc. has a 12-month low of $108.94 and a 12-month high of $139.67.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $0.12. The business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $5.91 billion. EOG Resources had a return on equity of 24.83% and a net margin of 30.33%. The business’s revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.69 earnings per share. On average, equities research analysts forecast that EOG Resources, Inc. will post 12.06 EPS for the current year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $3.64 annualized dividend and a yield of 2.87%. EOG Resources’s payout ratio is 28.75%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on EOG shares. Susquehanna raised their price objective on EOG Resources from $147.00 to $155.00 and gave the company a “positive” rating in a research report on Monday, April 22nd. Benchmark reaffirmed a “hold” rating on shares of EOG Resources in a research report on Tuesday, May 7th. Bank of America reaffirmed a “buy” rating and set a $151.00 target price on shares of EOG Resources in a research report on Friday, June 14th. Truist Financial lowered EOG Resources from a “buy” rating to a “hold” rating and dropped their target price for the stock from $163.00 to $136.00 in a research report on Thursday, May 16th. Finally, Stifel Nicolaus dropped their target price on EOG Resources from $153.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. Thirteen equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $143.19.

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.