EOG Resources, Inc. (NYSE:EOG) Shares Sold by Vista Investment Management

Vista Investment Management decreased its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,713 shares of the energy exploration company’s stock after selling 91 shares during the period. Vista Investment Management’s holdings in EOG Resources were worth $1,558,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EOG. Financial Life Planners acquired a new position in shares of EOG Resources in the 4th quarter worth approximately $25,000. Y.D. More Investments Ltd grew its stake in shares of EOG Resources by 149.4% in the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock worth $25,000 after purchasing an additional 121 shares during the last quarter. Mainstream Capital Management LLC acquired a new position in shares of EOG Resources in the 4th quarter worth approximately $25,000. Keystone Financial Group Inc. acquired a new position in shares of EOG Resources in the 4th quarter worth approximately $27,000. Finally, Lee Danner & Bass Inc. acquired a new position in shares of EOG Resources in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Trading Down 1.3%

NYSE EOG opened at $113.99 on Tuesday. The company has a market cap of $62.21 billion, a PE ratio of 9.18, a PEG ratio of 3.58 and a beta of 0.78. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. EOG Resources, Inc. has a 12 month low of $102.52 and a 12 month high of $138.18. The stock has a 50 day moving average of $115.64 and a 200-day moving average of $124.27.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Thursday, May 1st. The energy exploration company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.75 by $0.12. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.92 billion. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The firm’s revenue for the quarter was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.82 EPS. On average, equities research analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 17th will be issued a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date is Thursday, July 17th. EOG Resources’s dividend payout ratio is currently 36.18%.

Insider Transactions at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,037 shares of EOG Resources stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total value of $515,767.12. Following the transaction, the chief operating officer now owns 47,732 shares in the company, valued at $6,098,240.32. The trade was a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on EOG. UBS Group decreased their target price on shares of EOG Resources from $165.00 to $160.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Scotiabank upgraded shares of EOG Resources from a “sector perform” rating to a “sector outperform” rating and reduced their target price for the company from $150.00 to $130.00 in a research note on Friday, April 11th. Susquehanna reduced their price objective on shares of EOG Resources from $161.00 to $156.00 and set a “positive” rating for the company in a research note on Tuesday, April 22nd. Williams Trading set a $154.00 price target on shares of EOG Resources in a report on Wednesday, March 5th. Finally, Raymond James reiterated a “strong-buy” rating and set a $140.00 price target on shares of EOG Resources in a research report on Monday, April 21st. Eleven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, EOG Resources presently has an average rating of “Moderate Buy” and an average price target of $140.63.

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.