ARP Americas LLC acquired a new stake in EOG Resources, Inc. (NYSE:EOG) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,611 shares of the energy exploration company’s stock, valued at approximately $446,000.

A number of other large investors have also added to or reduced their stakes in EOG. Advantus Capital Management Inc boosted its stake in EOG Resources by 0.6% in the first quarter. Advantus Capital Management Inc now owns 58,078 shares of the energy exploration company’s stock valued at $5,666,000 after buying an additional 357 shares in the last quarter. Marvin & Palmer Associates Inc. boosted its stake in EOG Resources by 82.0% in the first quarter. Marvin & Palmer Associates Inc. now owns 36,320 shares of the energy exploration company’s stock valued at $3,543,000 after buying an additional 16,365 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in EOG Resources by 17.3% in the first quarter. Citizens Financial Group Inc. RI now owns 1,270 shares of the energy exploration company’s stock valued at $124,000 after buying an additional 187 shares in the last quarter. Teachers Advisors LLC boosted its stake in EOG Resources by 0.4% in the first quarter. Teachers Advisors LLC now owns 3,290,351 shares of the energy exploration company’s stock valued at $320,974,000 after buying an additional 12,805 shares in the last quarter. Finally, Waratah Capital Advisors Ltd. boosted its stake in EOG Resources by 34.7% in the first quarter. Waratah Capital Advisors Ltd. now owns 45,422 shares of the energy exploration company’s stock valued at $4,431,000 after buying an additional 11,712 shares in the last quarter. 85.38% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently weighed in on EOG. Barclays PLC reaffirmed an “overweight” rating and issued a $101.00 price objective (up from $94.00) on shares of EOG Resources in a research note on Wednesday, August 9th. Scotiabank reaffirmed a “hold” rating and issued a $100.00 price objective on shares of EOG Resources in a research note on Thursday, August 3rd. BidaskClub raised EOG Resources from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Stifel Nicolaus reissued a “buy” rating and set a $111.00 price target on shares of EOG Resources in a research note on Friday, July 14th. Finally, BMO Capital Markets set a $105.00 price target on EOG Resources and gave the company a “buy” rating in a research note on Tuesday, October 10th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-two have given a buy rating to the company. EOG Resources presently has a consensus rating of “Buy” and a consensus price target of $108.68.

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EOG Resources (NYSE:EOG) last announced its earnings results on Wednesday, November 1st. The energy exploration company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.07. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the prior year, the company earned ($0.40) EPS. The business’s revenue was up 24.8% compared to the same quarter last year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 17th were given a $0.1675 dividend. This represents a $0.67 annualized dividend and a dividend yield of 0.64%. The ex-dividend date was Monday, October 16th. EOG Resources’s dividend payout ratio is currently -131.37%.

In other news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $88.22, for a total value of $352,880.00. Following the completion of the transaction, the executive vice president now owns 70,987 shares of the company’s stock, valued at approximately $6,262,473.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Charles R. Crisp sold 3,411 shares of the stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $97.03, for a total value of $330,969.33. Following the completion of the transaction, the director now directly owns 53,196 shares of the company’s stock, valued at approximately $5,161,607.88. The disclosure for this sale can be found here. Insiders sold a total of 38,578 shares of company stock valued at $3,700,882 in the last three months. Corporate insiders own 0.53% of the company’s stock.

EOG Resources Company Profile

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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