Oxford Asset Management LLP Invests $1.52 Million in EOG Resources, Inc. (NYSE:EOG)

Oxford Asset Management LLP purchased a new stake in EOG Resources, Inc. (NYSE:EOG - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,433 shares of the energy exploration company's stock, valued at approximately $1,524,000. EOG Resources comprises 0.8% of Oxford Asset Management LLP's holdings, making the stock its 15th biggest holding.

A number of other institutional investors have also made changes to their positions in EOG. Coldstream Capital Management Inc. grew its position in shares of EOG Resources by 3.5% during the 4th quarter. Coldstream Capital Management Inc. now owns 6,896 shares of the energy exploration company's stock worth $845,000 after buying an additional 235 shares during the period. Capital Analysts LLC increased its stake in EOG Resources by 3.0% during the 4th quarter. Capital Analysts LLC now owns 89,276 shares of the energy exploration company's stock worth $10,943,000 after purchasing an additional 2,585 shares in the last quarter. Two Sigma Securities LLC increased its stake in EOG Resources by 307.3% during the 4th quarter. Two Sigma Securities LLC now owns 2,900 shares of the energy exploration company's stock worth $355,000 after purchasing an additional 2,188 shares in the last quarter. Nebula Research & Development LLC bought a new position in shares of EOG Resources during the 4th quarter worth approximately $776,000. Finally, Hancock Whitney Corp grew its stake in shares of EOG Resources by 5.7% during the 4th quarter. Hancock Whitney Corp now owns 1,719 shares of the energy exploration company's stock worth $211,000 after acquiring an additional 92 shares in the last quarter. 89.91% of the stock is owned by institutional investors.

EOG Resources Stock Performance

Shares of NYSE:EOG traded up $1.38 during trading on Thursday, hitting $111.71. 2,096,864 shares of the company were exchanged, compared to its average volume of 3,234,460. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. EOG Resources, Inc. has a 52-week low of $102.52 and a 52-week high of $138.18. The company has a market cap of $61.61 billion, a PE ratio of 9.01, a P/E/G ratio of 3.58 and a beta of 0.93. The stock has a 50 day moving average of $119.19 and a 200 day moving average of $125.37.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.55 by $0.19. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.96 billion. As a group, equities research analysts predict that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th were given a $0.975 dividend. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a $3.90 annualized dividend and a yield of 3.49%. EOG Resources's payout ratio is currently 34.73%.

Wall Street Analyst Weigh In

EOG has been the subject of several recent analyst reports. Benchmark reissued a "hold" rating on shares of EOG Resources in a report on Monday, January 13th. Morgan Stanley cut 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 report on Thursday, March 27th. Mizuho reaffirmed a "neutral" rating and set a $140.00 price target (down previously from $148.00) on shares of EOG Resources in a report on Tuesday, March 25th. StockNews.com cut shares of EOG Resources from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Finally, Bank of America restated a "neutral" rating and issued a $144.00 price target (down from $151.00) on shares of EOG Resources in a research report on Monday, January 13th. Eleven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $141.11.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the transaction, the chief operating officer now owns 47,732 shares in the company, valued at $6,098,240.32. This represents a 7.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.13% of the company's stock.

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.