EOG Resources, Inc. (NYSE:EOG) Shares Purchased by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. lifted its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 10.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,152 shares of the energy exploration company’s stock after acquiring an additional 1,280 shares during the period. Harvest Portfolios Group Inc.’s holdings in EOG Resources were worth $1,617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new position in EOG Resources in the third quarter worth approximately $26,000. Riverview Trust Co acquired a new stake in shares of EOG Resources during the 2nd quarter worth about $27,000. MFA Wealth Advisors LLC purchased a new stake in EOG Resources in the 2nd quarter valued at about $28,000. Eastern Bank purchased a new position in EOG Resources during the third quarter worth about $28,000. Finally, Gladius Capital Management LP acquired a new stake in shares of EOG Resources during the second quarter valued at about $30,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Stock Up 4.2 %

Shares of NYSE:EOG opened at $127.19 on Thursday. The company has a current ratio of 2.12, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11. The firm has a 50 day simple moving average of $125.15 and a 200-day simple moving average of $126.08. The company has a market capitalization of $72.32 billion, a PE ratio of 9.82, a P/E/G ratio of 3.18 and a beta of 1.28. EOG Resources, Inc. has a twelve month low of $108.94 and a twelve month high of $139.67.

Insider Buying and Selling at EOG Resources

In other news, EVP Michael P. Donaldson sold 11,037 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $129.50, for a total value of $1,429,291.50. Following the completion of the sale, the executive vice president now directly owns 74,250 shares of the company’s stock, valued at approximately $9,615,375. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, COO Jeffrey R. Leitzell sold 4,000 shares of the company’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $126.48, for a total value of $505,920.00. Following the completion of the sale, the chief operating officer now owns 35,058 shares in the company, valued at $4,434,135.84. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael P. Donaldson sold 11,037 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $129.50, for a total transaction of $1,429,291.50. Following the transaction, the executive vice president now directly owns 74,250 shares in the company, valued at $9,615,375. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,537 shares of company stock worth $2,751,612 over the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Susquehanna decreased their price objective on shares of EOG Resources from $159.00 to $158.00 and set a “positive” rating on the stock in a report on Wednesday, September 4th. StockNews.com lowered EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday, September 16th. Barclays cut their price objective on EOG Resources from $144.00 to $137.00 and set an “equal weight” rating on the stock in a report on Thursday, October 3rd. JPMorgan Chase & Co. dropped their target price on EOG Resources from $143.00 to $135.00 and set a “neutral” rating for the company in a research report on Thursday, September 12th. Finally, Piper Sandler reduced their price target on shares of EOG Resources from $154.00 to $147.00 and set an “overweight” rating on the stock in a research report on Thursday, August 15th. Fourteen equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $141.20.

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.