Fayerweather Charles raised its position in shares of EOG Resources Inc (NYSE:EOG) by 13.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,625 shares of the energy exploration company’s stock after acquiring an additional 905 shares during the period. Fayerweather Charles’ holdings in EOG Resources were worth $566,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Thompson Investment Management Inc. raised its position in EOG Resources by 1.6% in the third quarter. Thompson Investment Management Inc. now owns 9,951 shares of the energy exploration company’s stock worth $739,000 after purchasing an additional 153 shares in the last quarter. SG Americas Securities LLC grew its stake in EOG Resources by 556.8% during the third quarter. SG Americas Securities LLC now owns 54,429 shares of the energy exploration company’s stock worth $4,040,000 after buying an additional 46,142 shares during the last quarter. Broderick Brian C grew its stake in EOG Resources by 13.9% during the third quarter. Broderick Brian C now owns 39,691 shares of the energy exploration company’s stock worth $2,946,000 after buying an additional 4,836 shares during the last quarter. Bartlett & Co. LLC grew its stake in EOG Resources by 28.3% during the third quarter. Bartlett & Co. LLC now owns 7,705 shares of the energy exploration company’s stock worth $572,000 after buying an additional 1,700 shares during the last quarter. Finally, Abacus Planning Group Inc. grew its stake in EOG Resources by 87.9% during the third quarter. Abacus Planning Group Inc. now owns 19,345 shares of the energy exploration company’s stock worth $1,436,000 after buying an additional 9,050 shares during the last quarter. Institutional investors own 86.33% of the company’s stock.

Shares of EOG traded down $0.04 during mid-day trading on Friday, hitting $74.70. 3,119,389 shares of the company traded hands, compared to its average volume of 3,954,737. EOG Resources Inc has a one year low of $64.33 and a one year high of $108.78. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average of $71.96 and a 200 day moving average of $82.49. The stock has a market capitalization of $42.97 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 1.74 and a beta of 1.34.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Wednesday, November 6th. The energy exploration company reported $1.13 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.13. EOG Resources had a net margin of 19.69% and a return on equity of 16.25%. The business had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.38 billion. During the same period in the prior year, the firm earned $1.75 earnings per share. EOG Resources’s revenue was down 10.0% compared to the same quarter last year. As a group, analysts anticipate that EOG Resources Inc will post 4.79 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th were paid a dividend of $0.2875 per share. The ex-dividend date was Wednesday, October 16th. This represents a $1.15 annualized dividend and a dividend yield of 1.54%. EOG Resources’s dividend payout ratio (DPR) is currently 20.76%.

Several analysts have weighed in on EOG shares. Raymond James decreased their price objective on shares of EOG Resources from $105.00 to $90.00 and set an “outperform” rating on the stock in a research note on Thursday, October 17th. ValuEngine raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Piper Jaffray Companies set a $111.00 price objective on shares of EOG Resources and gave the stock a “buy” rating in a research note on Friday, August 16th. SunTrust Banks upped their price objective on shares of EOG Resources to $80.00 and gave the stock a “hold” rating in a research note on Friday. They noted that the move was a valuation call. Finally, Wells Fargo & Co upped their price objective on shares of EOG Resources from $101.00 to $103.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Five research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $108.50.

EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

Featured Article: What is the Beige Book?

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

Receive News & Ratings for EOG Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources and related companies with MarketBeat.com's FREE daily email newsletter.