EOG Resources (NYSE:EOG) had its price target dropped by equities researchers at Robert W. Baird from $115.00 to $114.00 in a note issued to investors on Monday, Marketbeat reports. The firm currently has an “outperform” rating on the energy exploration company’s stock. Robert W. Baird’s target price points to a potential upside of 14.10% from the stock’s previous close.

EOG has been the subject of several other reports. Imperial Capital assumed coverage on EOG Resources in a research note on Thursday, September 28th. They issued an “outperform” rating and a $115.00 price target for the company. Morgan Stanley upgraded EOG Resources from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $97.00 to $106.00 in a research note on Tuesday, September 12th. Barclays upped their price target on EOG Resources from $117.00 to $120.00 and gave the stock an “overweight” rating in a research note on Monday, November 20th. BMO Capital Markets set a $105.00 price target on EOG Resources and gave the stock a “buy” rating in a research note on Tuesday, October 10th. Finally, Jefferies Group upped their price target on EOG Resources from $95.00 to $99.00 and gave the stock a “hold” rating in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eighteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $109.83.

EOG Resources (NYSE:EOG) opened at $99.91 on Monday. EOG Resources has a 52 week low of $81.99 and a 52 week high of $107.95. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $56,983.50, a P/E ratio of 240.37, a price-to-earnings-growth ratio of 13.00 and a beta of 0.98.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.07. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same period in the prior year, the company posted ($0.40) EPS. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. equities analysts anticipate that EOG Resources will post 0.84 earnings per share for the current fiscal year.

In related news, EVP Michael P. Donaldson sold 6,167 shares of the stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $97.50, for a total transaction of $601,282.50. Following the sale, the executive vice president now owns 74,316 shares in the company, valued at approximately $7,245,810. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David W. Trice sold 3,114 shares of the stock in a transaction on Monday, November 6th. The shares were sold at an average price of $106.65, for a total value of $332,108.10. Following the sale, the executive vice president now owns 80,415 shares in the company, valued at approximately $8,576,259.75. The disclosure for this sale can be found here. Insiders have sold a total of 153,692 shares of company stock valued at $3,717,390 over the last quarter. Corporate insiders own 0.53% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. WINTON GROUP Ltd raised its holdings in EOG Resources by 87.9% during the 2nd quarter. WINTON GROUP Ltd now owns 8,859 shares of the energy exploration company’s stock valued at $802,000 after buying an additional 4,144 shares during the period. Assenagon Asset Management S.A. purchased a new stake in EOG Resources during the 3rd quarter valued at $4,649,000. Wendell David Associates Inc. raised its holdings in EOG Resources by 4.2% during the 3rd quarter. Wendell David Associates Inc. now owns 14,910 shares of the energy exploration company’s stock valued at $1,442,000 after buying an additional 600 shares during the period. Usca Ria LLC raised its holdings in EOG Resources by 232.2% during the 2nd quarter. Usca Ria LLC now owns 15,651 shares of the energy exploration company’s stock valued at $1,417,000 after buying an additional 10,939 shares during the period. Finally, Aperio Group LLC raised its holdings in EOG Resources by 6.9% during the 3rd quarter. Aperio Group LLC now owns 263,616 shares of the energy exploration company’s stock valued at $25,502,000 after buying an additional 17,107 shares during the period. Institutional investors own 85.25% of the company’s stock.

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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.

Analyst Recommendations for EOG Resources (NYSE:EOG)

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