EOG Resources, Inc. $EOG Shares Sold by apricus wealth LLC

apricus wealth LLC reduced its stake in EOG Resources, Inc. (NYSE:EOG) by 5.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,907 shares of the energy exploration company’s stock after selling 105 shares during the period. apricus wealth LLC’s holdings in EOG Resources were worth $228,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Banque Cantonale Vaudoise acquired a new stake in shares of EOG Resources in the 1st quarter worth approximately $26,000. Saudi Central Bank acquired a new stake in shares of EOG Resources in the 1st quarter worth approximately $28,000. Raleigh Capital Management Inc. bought a new stake in shares of EOG Resources in the 2nd quarter worth approximately $29,000. Alpine Bank Wealth Management bought a new stake in shares of EOG Resources in the 1st quarter worth approximately $34,000. Finally, ORG Partners LLC raised its holdings in shares of EOG Resources by 45.1% in the 2nd quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock worth $34,000 after purchasing an additional 88 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on EOG shares. Roth Capital dropped their target price on shares of EOG Resources from $126.00 to $114.00 and set a “neutral” rating on the stock in a report on Wednesday, October 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of EOG Resources in a report on Wednesday, October 8th. JPMorgan Chase & Co. dropped their target price on shares of EOG Resources from $132.00 to $131.00 and set a “neutral” rating on the stock in a report on Wednesday, October 1st. Susquehanna boosted their target price on shares of EOG Resources from $156.00 to $170.00 and gave the stock a “positive” rating in a report on Wednesday, July 23rd. Finally, Morgan Stanley dropped their target price on shares of EOG Resources from $141.00 to $136.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $141.04.

EOG Resources Stock Up 0.2%

EOG stock opened at $106.38 on Tuesday. EOG Resources, Inc. has a 52-week low of $102.52 and a 52-week high of $138.18. The company’s 50 day simple moving average is $116.37 and its 200-day simple moving average is $115.89. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.79 and a quick ratio of 1.61. The firm has a market capitalization of $58.08 billion, a P/E ratio of 10.34, a P/E/G ratio of 8.15 and a beta of 0.74.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.18. EOG Resources had a net margin of 25.25% and a return on equity of 20.51%. The business had revenue of $5.48 billion for the quarter, compared to analyst estimates of $5.45 billion. During the same quarter in the previous year, the business earned $3.16 earnings per share. The firm’s revenue was down 9.1% compared to the same quarter last year. As a group, equities research analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Company 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.