Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of EOG Resources, Inc. NYSE: EOG. In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in EOG Resources stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
- Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
- Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
- Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Best Buy NYSE: BBY on 4/8/2025.
- Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Valero Energy NYSE: VLO on 4/8/2025.
- Sold $15,001 - $50,000 in shares of Accenture NYSE: ACN on 4/8/2025.
EOG Resources Trading Down 0.7 %
Shares of NYSE:EOG traded down $0.81 on Friday, hitting $110.87. The company had a trading volume of 6,414,978 shares, compared to its average volume of 3,252,233. EOG Resources, Inc. has a 1 year low of $102.52 and a 1 year high of $138.18. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. The firm's 50-day simple moving average is $118.76 and its two-hundred day simple moving average is $125.23. The firm has a market capitalization of $61.15 billion, a price-to-earnings ratio of 8.93, a P/E/G ratio of 3.58 and a beta of 0.93.
EOG Resources (NYSE:EOG - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.75 by $0.12. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The business had revenue of $5.84 billion for the quarter, compared to analysts' expectations of $5.92 billion. During the same period in the previous year, the firm posted $2.82 EPS. The business's revenue was down 7.4% on a year-over-year basis. Equities analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.
EOG Resources Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 17th will be given a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend is Thursday, July 17th. EOG Resources's payout ratio is currently 34.73%.
Hedge Funds Weigh In On EOG Resources
Hedge funds have recently bought and sold shares of the business. Westside Investment Management Inc. grew its holdings in shares of EOG Resources by 15.7% in the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the energy exploration company's stock worth $226,000 after acquiring an additional 250 shares during the period. Chelsea Counsel Co. increased its position in shares of EOG Resources by 2.0% during the 3rd quarter. Chelsea Counsel Co. now owns 5,215 shares of the energy exploration company's stock valued at $641,000 after purchasing an additional 100 shares during the last quarter. World Investment Advisors LLC bought a new position in shares of EOG Resources in the 3rd quarter worth approximately $730,000. Wilmington Savings Fund Society FSB boosted its holdings in shares of EOG Resources by 26.8% in the third quarter. Wilmington Savings Fund Society FSB now owns 71,766 shares of the energy exploration company's stock worth $8,822,000 after buying an additional 15,186 shares during the last quarter. Finally, Tidal Investments LLC grew its position in EOG Resources by 4.7% during the third quarter. Tidal Investments LLC now owns 58,790 shares of the energy exploration company's stock valued at $7,227,000 after buying an additional 2,634 shares during the period. Hedge funds and other institutional investors own 89.91% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. Wells Fargo & Company reduced their price target on EOG Resources from $150.00 to $146.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Morgan Stanley decreased their price target on shares of EOG Resources from $142.00 to $136.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. Susquehanna dropped their price objective on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating on the stock in a research note on Tuesday, April 22nd. Bank of America restated a "neutral" rating and issued a $144.00 price objective (down previously from $151.00) on shares of EOG Resources in a report on Monday, January 13th. Finally, Barclays lowered their target price on shares of EOG Resources from $140.00 to $137.00 and set an "equal weight" rating for the company in a report on Friday. Eleven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $140.95.
Check Out Our Latest Stock Analysis on EOG Resources
Insider Buying and Selling at EOG Resources
In other news, COO Jeffrey R. Leitzell sold 4,037 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the sale, the chief operating officer now owns 47,732 shares of the company's stock, valued at $6,098,240.32. The trade was a 7.80 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.13% of the stock is owned by corporate insiders.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
EOG Resources Company Profile
(
Get Free Report)
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.
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