65,756 Shares in EOG Resources, Inc. $EOG Purchased by One Way Holdings LLC

One Way Holdings LLC acquired a new position in shares of EOG Resources, Inc. (NYSE:EOG) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 65,756 shares of the energy exploration company’s stock, valued at approximately $9,059,000.

A number of other large investors also recently modified their holdings of EOG. BlackRock Inc. bought a new stake in shares of EOG Resources during the second quarter worth about $5,905,587,000. Bank of New York Mellon Corp acquired a new stake in EOG Resources during the 2nd quarter worth approximately $654,899,000. Bank of America Corp DE bought a new stake in EOG Resources during the 2nd quarter worth approximately $551,321,000. Deutsche Bank AG bought a new position in shares of EOG Resources during the second quarter valued at $251,102,000. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of EOG Resources by 357.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,971,842 shares of the energy exploration company’s stock valued at $271,641,000 after acquiring an additional 1,541,140 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.

EOG Resources Stock Up 0.0%

Shares of NYSE EOG opened at $165.58 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The stock has a market capitalization of $86.85 billion, a PE ratio of 12.89, a P/E/G ratio of 0.58 and a beta of 0.36. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $165.93. The business’s fifty day moving average price is $149.06 and its 200-day moving average price is $136.76.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 EPS for the quarter, topping the consensus estimate of $4.97 by $0.10. The company had revenue of $8.62 billion during the quarter, compared to the consensus estimate of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. EOG Resources’s revenue for the quarter was up 57.4% on a year-over-year basis. During the same period last year, the firm earned $2.32 EPS. On average, equities research analysts anticipate that EOG Resources, Inc. will post 17.70 EPS for the current year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Friday, October 16th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, October 16th. EOG Resources’s dividend payout ratio (DPR) is 31.75%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. The Goldman Sachs Group reissued a “neutral” rating and issued a $151.00 price objective (up from $127.00) on shares of EOG Resources in a research note on Monday, August 24th. Zacks Research raised shares of EOG Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 16th. Wells Fargo & Company reissued an “overweight” rating and set a $193.00 target price (down from $196.00) on shares of EOG Resources in a research note on Thursday, August 13th. Raymond James Financial reissued a “strong-buy” rating and set a $186.00 price objective (up from $183.00) on shares of EOG Resources in a research report on Thursday, September 17th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $185.00 price objective on shares of EOG Resources in a research note on Saturday, October 3rd. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat, EOG Resources presently has a consensus rating of “Hold” and an average target price of $161.24.

Insider Buying and Selling

In other news, CEO Ezra Y. Yacob sold 35,942 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $152.10, for a total value of $5,466,778.20. Following the sale, the chief executive officer directly owned 242,451 shares of the company’s stock, valued at $36,876,797.10. This represents a 12.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey R. Leitzell sold 9,039 shares of EOG Resources stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $140.61, for a total transaction of $1,270,973.79. Following the transaction, the chief operating officer owned 90,790 shares of the company’s stock, valued at $12,765,981.90. The trade was a 9.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,317 shares of company stock valued at $7,823,480 over the last three months. 0.14% of the stock is owned by company insiders.

EOG Resources Company Profile

EOG Resources, Inc is an independent exploration and production company engaged in finding, developing, producing and marketing crude oil, natural gas liquids and natural gas. Its operations focus on large, high-quality onshore and international assets, supported by technical expertise in horizontal drilling and hydraulic fracturing.

The company’s principal U.S. activities are concentrated in major shale and onshore plays, including the Delaware Basin, Eagle Ford and other producing regions in Texas and the Rocky Mountains.