Energy Opportunities Capital Management LLC Has $7.22 Million Holdings in EOG Resources, Inc. (EOG)

Energy Opportunities Capital Management LLC lowered its position in EOG Resources, Inc. (NYSE:EOG) by 1.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,759 shares of the energy exploration company’s stock after selling 1,020 shares during the quarter. EOG Resources comprises approximately 3.9% of Energy Opportunities Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Energy Opportunities Capital Management LLC’s holdings in EOG Resources were worth $7,220,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. IHT Wealth Management LLC increased its stake in shares of EOG Resources by 4.1% in the first quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock valued at $101,000 after purchasing an additional 41 shares during the period. Chicago Partners Investment Group LLC increased its stake in shares of EOG Resources by 60.0% in the first quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock valued at $104,000 after purchasing an additional 401 shares during the period. Winfield Associates Inc. increased its stake in shares of EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock valued at $111,000 after purchasing an additional 57 shares during the period. Exane Derivatives increased its stake in shares of EOG Resources by 19.8% in the second quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock valued at $105,000 after purchasing an additional 192 shares during the period. Finally, Citizens Financial Group Inc. RI increased its stake in shares of EOG Resources by 17.3% in the first quarter. Citizens Financial Group Inc. RI now owns 1,270 shares of the energy exploration company’s stock valued at $124,000 after purchasing an additional 187 shares during the period. Institutional investors own 85.37% of the company’s stock.

EOG has been the topic of several analyst reports. FBR & Co dropped their price target on shares of EOG Resources from $122.00 to $108.00 and set an “outperform” rating on the stock in a research note on Monday, June 26th. Atlantic Securities upgraded shares of EOG Resources from a “neutral” rating to an “overweight” rating and raised their price target for the company from $98.00 to $100.00 in a research note on Tuesday, June 27th. BidaskClub upgraded shares of EOG Resources from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Scotiabank set a $100.00 price target on shares of EOG Resources and gave the company a “hold” rating in a research note on Saturday, July 1st. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of EOG Resources in a research note on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $108.28.

In related news, Director Charles R. Crisp sold 3,411 shares of the firm’s stock in a transaction on Thursday, September 28th. The shares were sold at an average price of $97.03, for a total transaction of $330,969.33. Following the sale, the director now directly owns 53,196 shares in the company, valued at $5,161,607.88. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael P. Donaldson sold 6,167 shares of the firm’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $97.50, for a total transaction of $601,282.50. Following the sale, the executive vice president now owns 74,316 shares in the company, valued at $7,245,810. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,578 shares of company stock worth $3,700,882. 0.53% of the stock is currently owned by company insiders.

EOG Resources, Inc. (EOG) traded up 0.12% during midday trading on Friday, reaching $96.77. 667,191 shares of the company’s stock were exchanged. EOG Resources, Inc. has a 1-year low of $81.99 and a 1-year high of $109.37. The firm’s 50-day moving average is $91.83 and its 200 day moving average is $91.71. The stock’s market cap is $55.88 billion.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the previous year, the business earned ($0.38) earnings per share. The company’s revenue was up 47.1% on a year-over-year basis. Equities analysts anticipate that EOG Resources, Inc. will post $0.62 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Tuesday, October 17th will be issued a dividend of $0.1675 per share. The ex-dividend date is Monday, October 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.69%. EOG Resources’s payout ratio is -131.37%.

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EOG Resources Profile

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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