EOG Resources, Inc. (NYSE:EOG) Shares Bought by National Pension Service

National Pension Service grew its position in EOG Resources, Inc. (NYSE:EOG - Free Report) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,063,294 shares of the energy exploration company's stock after purchasing an additional 24,691 shares during the period. National Pension Service owned approximately 0.18% of EOG Resources worth $128,605,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of EOG. McIlrath & Eck LLC grew its stake in EOG Resources by 77.6% during the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company's stock worth $30,000 after buying an additional 104 shares during the period. Exchange Traded Concepts LLC boosted its position in EOG Resources by 530.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company's stock worth $30,000 after purchasing an additional 212 shares during the period. Peoples Bank KS acquired a new stake in EOG Resources in the 3rd quarter valued at $31,000. Hall Laurie J Trustee acquired a new position in shares of EOG Resources during the fourth quarter worth about $36,000. Finally, Keener Financial Planning LLC purchased a new stake in shares of EOG Resources in the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 89.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on EOG shares. StockNews.com raised EOG Resources from a "hold" rating to a "buy" rating in a research report on Wednesday, May 1st. TD Securities lowered their price target on shares of EOG Resources from $135.00 to $130.00 and set a "hold" rating for the company in a report on Friday, February 23rd. JPMorgan Chase & Co. boosted their price objective on shares of EOG Resources from $134.00 to $141.00 and gave the stock a "neutral" rating in a report on Thursday, March 28th. Citigroup raised their target price on EOG Resources from $120.00 to $124.00 and gave the company a "neutral" rating in a research note on Monday, March 18th. Finally, KeyCorp boosted their price target on EOG Resources from $147.00 to $157.00 and gave the stock an "overweight" rating in a research note on Monday, April 22nd. Fourteen investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $142.27.

EOG Resources Stock Performance

EOG traded down $0.43 during trading on Wednesday, reaching $129.83. 2,799,888 shares of the company were exchanged, compared to its average volume of 3,385,777. The company has a current ratio of 2.32, a quick ratio of 2.05 and a debt-to-equity ratio of 0.13. The stock has a market cap of $74.61 billion, a P/E ratio of 10.26 and a beta of 1.38. EOG Resources, Inc. has a 52 week low of $106.32 and a 52 week high of $139.67. The firm has a 50 day moving average of $128.17 and a 200 day moving average of $122.33.

EOG Resources (NYSE:EOG - Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.70 by $0.12. The business had revenue of $6.12 billion for the quarter, compared to analysts' expectations of $5.91 billion. EOG Resources had a net margin of 30.33% and a return on equity of 24.83%. The company's revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.69 EPS. On average, sell-side analysts forecast that EOG Resources, Inc. will post 12.14 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $3.64 annualized dividend and a dividend yield of 2.80%. EOG Resources's dividend payout ratio is presently 28.75%.

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.

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