EOG Resources, Inc. (NYSE:EOG) Shares Bought by Stephens Inc. AR

Stephens Inc. AR raised its holdings in EOG Resources, Inc. (NYSE:EOG) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,083 shares of the energy exploration company’s stock after buying an additional 258 shares during the period. Stephens Inc. AR’s holdings in EOG Resources were worth $625,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EOG. Northwest Investment Counselors LLC acquired a new stake in EOG Resources in the third quarter valued at $26,000. Riverview Trust Co acquired a new stake in EOG Resources in the second quarter valued at $27,000. MFA Wealth Advisors LLC acquired a new stake in EOG Resources in the second quarter valued at $28,000. Eastern Bank acquired a new stake in EOG Resources in the third quarter valued at $28,000. Finally, Gladius Capital Management LP acquired a new stake in shares of EOG Resources during the second quarter worth about $30,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Price Performance

Shares of NYSE:EOG opened at $127.19 on Thursday. The business’s 50 day simple moving average is $125.15 and its 200-day simple moving average is $126.08. The firm has a market capitalization of $72.32 billion, a price-to-earnings ratio of 9.82, a price-to-earnings-growth ratio of 3.18 and a beta of 1.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.12 and a quick ratio of 1.89. EOG Resources, Inc. has a 12 month low of $108.94 and a 12 month high of $139.67.

Insider Transactions at EOG Resources

In other news, Director Charles R. Crisp sold 6,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $125.60, for a total transaction of $816,400.00. Following the sale, the director now owns 60,892 shares of the company’s stock, valued at $7,648,035.20. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, COO Jeffrey R. Leitzell sold 4,000 shares of EOG Resources stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $126.48, for a total transaction of $505,920.00. Following the completion of the transaction, the chief operating officer now directly owns 35,058 shares in the company, valued at $4,434,135.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Charles R. Crisp sold 6,500 shares of EOG Resources stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $125.60, for a total value of $816,400.00. Following the transaction, the director now owns 60,892 shares of the company’s stock, valued at $7,648,035.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,537 shares of company stock valued at $2,751,612 in the last quarter. 0.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on EOG shares. Royal Bank of Canada reiterated a “sector perform” rating and set a $145.00 target price on shares of EOG Resources in a research report on Monday, October 14th. Susquehanna cut their target price on EOG Resources from $159.00 to $158.00 and set a “positive” rating on the stock in a research report on Wednesday, September 4th. Truist Financial cut their target price on EOG Resources from $130.00 to $115.00 and set a “hold” rating on the stock in a research report on Monday, September 30th. Sanford C. Bernstein cut their target price on EOG Resources from $139.00 to $125.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 17th. Finally, Wolfe Research initiated coverage on EOG Resources in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Fourteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $141.20.

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.