North Dallas Bank & Trust Co. Buys Shares of 5,455 EOG Resources, Inc. $EOG

North Dallas Bank & Trust Co. bought a new stake in EOG Resources, Inc. (NYSE:EOG) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 5,455 shares of the energy exploration company’s stock, valued at approximately $573,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bollard Group LLC grew its position in shares of EOG Resources by 0.8% during the third quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock worth $1,317,000 after buying an additional 93 shares in the last quarter. Hardy Reed LLC grew its position in shares of EOG Resources by 4.5% during the third quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after buying an additional 97 shares in the last quarter. RKL Wealth Management LLC grew its position in shares of EOG Resources by 0.5% during the third quarter. RKL Wealth Management LLC now owns 21,235 shares of the energy exploration company’s stock worth $2,381,000 after buying an additional 98 shares in the last quarter. CoreFirst Bank & Trust grew its position in shares of EOG Resources by 18.5% during the third quarter. CoreFirst Bank & Trust now owns 640 shares of the energy exploration company’s stock worth $72,000 after buying an additional 100 shares in the last quarter. Finally, Ethos Financial Group LLC grew its position in shares of EOG Resources by 2.5% during the fourth quarter. Ethos Financial Group LLC now owns 4,180 shares of the energy exploration company’s stock worth $439,000 after buying an additional 100 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the sale, the chief operating officer owned 88,045 shares of the company’s stock, valued at $13,234,924.40. The trade was a 6.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This represents a 3.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 12,456 shares of company stock valued at $1,788,033 in the last quarter. 0.14% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on EOG shares. Morgan Stanley boosted their price objective on EOG Resources from $155.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Truist Financial boosted their price objective on EOG Resources from $146.00 to $149.00 and gave the stock a “hold” rating in a research report on Friday, May 8th. BMO Capital Markets boosted their price objective on EOG Resources from $140.00 to $160.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 1st. Capital One Financial lowered their price target on EOG Resources from $161.00 to $159.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. upped their price target on EOG Resources from $145.00 to $148.00 in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.32.

EOG Resources Price Performance

Shares of NYSE EOG opened at $137.10 on Wednesday. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.26. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $151.87. The stock has a 50 day moving average of $137.46 and a two-hundred day moving average of $123.33. The stock has a market cap of $73.02 billion, a P/E ratio of 13.49 and a beta of 0.25.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The company had revenue of $6.92 billion during the quarter, compared to analysts’ expectations of $6.18 billion. During the same quarter in the previous year, the business earned $2.87 earnings per share. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. On average, research analysts forecast that EOG Resources, Inc. will post 16.63 earnings per share for the current year.

EOG Resources Announces Dividend

The firm also recently disclosed 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 3.0%. EOG Resources’s dividend payout ratio is presently 40.16%.

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.