EOG Resources, Inc. $EOG Shares Purchased by Callan Family Office LLC

Callan Family Office LLC increased its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 133.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,348 shares of the energy exploration company’s stock after purchasing an additional 3,056 shares during the quarter. Callan Family Office LLC’s holdings in EOG Resources were worth $640,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ARGA Investment Management LP increased its position in EOG Resources by 24.2% during the 1st quarter. ARGA Investment Management LP now owns 13,441 shares of the energy exploration company’s stock worth $1,724,000 after purchasing an additional 2,616 shares in the last quarter. Canada Pension Plan Investment Board increased its position in EOG Resources by 30.1% during the 1st quarter. Canada Pension Plan Investment Board now owns 195,782 shares of the energy exploration company’s stock worth $25,107,000 after purchasing an additional 45,295 shares in the last quarter. CWA Asset Management Group LLC increased its position in EOG Resources by 15.3% during the 1st quarter. CWA Asset Management Group LLC now owns 20,344 shares of the energy exploration company’s stock worth $2,609,000 after purchasing an additional 2,697 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in EOG Resources by 37.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 162,603 shares of the energy exploration company’s stock valued at $20,852,000 after acquiring an additional 44,687 shares in the last quarter. Finally, Pinnacle Financial Partners Inc grew its position in EOG Resources by 4.7% in the first quarter. Pinnacle Financial Partners Inc now owns 182,634 shares of the energy exploration company’s stock valued at $23,032,000 after acquiring an additional 8,127 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on EOG. Melius Research began coverage on shares of EOG Resources in a research report on Wednesday, August 20th. They issued a “buy” rating and a $173.00 price objective for the company. Wells Fargo & Company reaffirmed an “overweight” rating on shares of EOG Resources in a research report on Sunday, June 22nd. Raymond James Financial increased their price objective on shares of EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 22nd. Wolfe Research lowered their price objective on shares of EOG Resources from $139.00 to $138.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Finally, Mizuho lowered their price objective on shares of EOG Resources from $140.00 to $133.00 and set a “neutral” rating for the company in a research report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $143.30.

EOG Resources Stock Performance

EOG stock opened at $109.63 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.61 and a current ratio of 1.79. The stock has a market capitalization of $59.86 billion, a price-to-earnings ratio of 10.65, a PEG ratio of 8.36 and a beta of 0.74. EOG Resources, Inc. has a 1 year low of $102.52 and a 1 year high of $138.18. The stock’s fifty day moving average is $117.28 and its two-hundred day moving average is $116.45.

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

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.