EOG Resources, Inc. $EOG Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC lowered its stake in EOG Resources, Inc. (NYSE:EOG) by 94.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,438 shares of the energy exploration company’s stock after selling 165,799 shares during the quarter. Curated Wealth Partners LLC’s holdings in EOG Resources were worth $1,438,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in EOG. ZWJ Investment Counsel Inc. boosted its position in shares of EOG Resources by 7.8% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 79,356 shares of the energy exploration company’s stock valued at $10,932,000 after purchasing an additional 5,738 shares in the last quarter. Mather Group LLC. grew its position in EOG Resources by 2.5% during the third quarter. Mather Group LLC. now owns 8,623 shares of the energy exploration company’s stock valued at $1,188,000 after purchasing an additional 213 shares in the last quarter. Fortitude Family Office LLC lifted its position in EOG Resources by 49.3% in the 3rd quarter. Fortitude Family Office LLC now owns 500 shares of the energy exploration company’s stock worth $69,000 after buying an additional 165 shares in the last quarter. Columbus Macro LLC boosted its position in EOG Resources by 5.0% during the third quarter. Columbus Macro LLC now owns 2,153 shares of the energy exploration company’s stock valued at $297,000 after purchasing an additional 103 shares during the last quarter. Finally, Union Savings Bank lifted its holdings in shares of EOG Resources by 3.2% during the 3rd quarter. Union Savings Bank now owns 3,404 shares of the energy exploration company’s stock valued at $469,000 after buying an additional 105 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Susquehanna reaffirmed a “positive” rating and issued a $170.00 price target (up from $166.00) on shares of EOG Resources in a research report on Tuesday, July 21st. Barclays set a $147.00 price objective on shares of EOG Resources and gave the company an “equal weight” rating in a research report on Monday, August 17th. Stifel Nicolaus assumed coverage on EOG Resources in a research report on Thursday, September 10th. They issued a “hold” rating and a $158.00 price objective for the company. Wall Street Zen upgraded shares of EOG Resources from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Finally, Scotiabank initiated coverage on EOG Resources in a research note on Wednesday. They issued a “sector perform” rating and a $144.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eighteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $160.56.

Insider Activity at EOG Resources

In other EOG Resources news, COO Jeffrey Leitzell sold 9,039 shares of the company’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $140.61, for a total transaction of $1,270,973.79. Following the completion of the transaction, the chief operating officer owned 90,790 shares of the company’s stock, valued at $12,765,981.90. This represents a 9.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ezra Yacob sold 35,942 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $152.10, for a total transaction of $5,466,778.20. Following the transaction, the chief executive officer owned 242,451 shares of the company’s stock, valued at approximately $36,876,797.10. This represents a 12.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 52,317 shares of company stock valued at $7,823,480. 0.14% of the stock is owned by corporate insiders.

EOG Resources Trading Down 0.6%

Shares of EOG stock traded down $0.91 on Thursday, reaching $153.28. 880,197 shares of the stock were exchanged, compared to its average volume of 4,035,209. The stock has a 50 day moving average price of $145.19 and a 200 day moving average price of $140.14. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The stock has a market cap of $80.40 billion, a PE ratio of 11.92, a P/E/G ratio of 0.56 and a beta of 0.36. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $155.00.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.10. The business had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. EOG Resources’s revenue was up 57.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.32 earnings per share. Equities research analysts forecast that EOG Resources, Inc. will post 17.13 EPS for the current fiscal year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, October 16th. This represents a $4.08 annualized dividend and a dividend yield of 2.7%. EOG Resources’s dividend payout ratio is currently 31.75%.

EOG Resources Profile

EOG Resources, Inc is an independent exploration and production company engaged in finding, developing, producing and marketing crude oil, natural gas liquids and natural gas. The company focuses on large-scale, onshore assets and applies drilling, completion and other technologies to develop unconventional oil and natural gas resources.

EOG’s principal operations are located in the United States, including the Permian Basin in Texas and New Mexico, the Eagle Ford in South Texas and the Rocky Mountain region.