EOG Resources, Inc. $EOG Shares Bought by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 11.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,759 shares of the energy exploration company’s stock after purchasing an additional 1,331 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in EOG Resources were worth $1,526,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. StrongBox Wealth LLC grew its holdings in EOG Resources by 1.9% during the second quarter. StrongBox Wealth LLC now owns 4,817 shares of the energy exploration company’s stock worth $576,000 after acquiring an additional 88 shares during the period. ORG Partners LLC grew its holdings in EOG Resources by 45.1% during the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock worth $34,000 after acquiring an additional 88 shares during the period. Granite Harbor Advisors Inc. grew its holdings in EOG Resources by 3.2% during the first quarter. Granite Harbor Advisors Inc. now owns 3,034 shares of the energy exploration company’s stock worth $389,000 after acquiring an additional 94 shares during the period. FSM Wealth Advisors LLC grew its holdings in EOG Resources by 6.2% during the first quarter. FSM Wealth Advisors LLC now owns 1,623 shares of the energy exploration company’s stock worth $208,000 after acquiring an additional 95 shares during the period. Finally, Sigma Planning Corp grew its holdings in EOG Resources by 1.6% during the first quarter. Sigma Planning Corp now owns 6,259 shares of the energy exploration company’s stock worth $803,000 after acquiring an additional 97 shares during the period. 89.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on EOG shares. UBS Group lifted their target price on EOG Resources from $142.00 to $144.00 and gave the stock a “buy” rating in a report on Wednesday, August 20th. Stephens started coverage on EOG Resources in a report on Tuesday, June 17th. They set an “equal weight” rating and a $137.00 target price on the stock. Mizuho lowered their target price on EOG Resources from $140.00 to $133.00 and set a “neutral” rating on the stock in a report on Monday, September 15th. KeyCorp decreased their price target on EOG Resources from $140.00 to $138.00 and set an “overweight” rating for the company in a research report on Wednesday, September 3rd. Finally, Piper Sandler decreased their price target on EOG Resources from $138.00 to $136.00 and set a “neutral” rating for the company in a research report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $143.14.

EOG Resources Trading Up 0.2%

Shares of NYSE EOG opened at $110.66 on Friday. EOG Resources, Inc. has a one year low of $102.52 and a one year high of $138.18. The firm has a market capitalization of $60.42 billion, a PE ratio of 10.75, a PEG ratio of 8.51 and a beta of 0.74. The company has a current ratio of 1.79, a quick ratio of 1.61 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $118.46 and a two-hundred day moving average price of $117.21.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.18. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The firm had revenue of $5.48 billion during the quarter, compared to analyst estimates of $5.45 billion. During the same period last year, the company posted $3.16 EPS. The business’s quarterly revenue was down 9.1% compared to the same quarter last year. As a group, analysts predict that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources 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.