Exencial Wealth Advisors LLC Has $748,000 Stock Position in EOG Resources, Inc. $EOG

Exencial Wealth Advisors LLC lowered its position in shares of EOG Resources, Inc. (NYSE:EOG) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,252 shares of the energy exploration company’s stock after selling 146 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in EOG Resources were worth $748,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Brookstone Capital Management raised its stake in EOG Resources by 10.2% during the 2nd quarter. Brookstone Capital Management now owns 3,530 shares of the energy exploration company’s stock valued at $422,000 after purchasing an additional 328 shares during the period. St. James Investment Company LLC boosted its position in shares of EOG Resources by 1.3% in the second quarter. St. James Investment Company LLC now owns 163,381 shares of the energy exploration company’s stock worth $19,542,000 after buying an additional 2,027 shares during the period. D.A. Davidson & CO. grew its holdings in shares of EOG Resources by 8.3% during the second quarter. D.A. Davidson & CO. now owns 237,188 shares of the energy exploration company’s stock valued at $28,370,000 after buying an additional 18,205 shares in the last quarter. Argonautica Private Wealth Management Inc. raised its position in EOG Resources by 90.6% during the second quarter. Argonautica Private Wealth Management Inc. now owns 5,069 shares of the energy exploration company’s stock valued at $606,000 after buying an additional 2,410 shares during the period. Finally, Dupree Financial Group LLC purchased a new stake in EOG Resources in the 2nd quarter worth about $7,028,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Performance

Shares of EOG opened at $108.04 on Friday. The firm has a market cap of $58.99 billion, a price-to-earnings ratio of 10.50, a price-to-earnings-growth ratio of 8.21 and a beta of 0.74. The company’s fifty day moving average is $115.63 and its 200-day moving average is $115.75. The company has a quick ratio of 1.61, a current ratio of 1.79 and a debt-to-equity ratio of 0.12. EOG Resources, Inc. has a 12 month low of $102.52 and a 12 month high of $138.18.

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on EOG shares. Royal Bank Of Canada lifted their target price on EOG Resources from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EOG Resources in a research report on Wednesday, October 8th. Susquehanna increased their target price on shares of EOG Resources from $156.00 to $170.00 and gave the stock a “positive” rating in a research report on Wednesday, July 23rd. Piper Sandler set a $129.00 price target on shares of EOG Resources and gave the company a “neutral” rating in a report on Tuesday. Finally, Siebert Williams Shank dropped their price target on shares of EOG Resources from $155.00 to $145.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $140.76.

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.