Bokf Na Has $3.05 Million Position in EOG Resources, Inc. (NYSE:EOG)

Bokf Na cut its position in EOG Resources, Inc. (NYSE:EOG) by 33.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,504 shares of the energy exploration company’s stock after selling 11,596 shares during the period. Bokf Na’s holdings in EOG Resources were worth $3,050,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EOG. Sachetta LLC acquired a new position in EOG Resources during the 4th quarter worth approximately $33,000. Norwood Financial Corp acquired a new stake in EOG Resources in the 1st quarter valued at $37,000. Keener Financial Planning LLC bought a new stake in EOG Resources during the fourth quarter worth about $36,000. LifeSteps Financial Inc. bought a new position in EOG Resources in the first quarter valued at approximately $38,000. Finally, GoalVest Advisory LLC increased its holdings in EOG Resources by 135.4% during the first quarter. GoalVest Advisory LLC now owns 306 shares of the energy exploration company’s stock worth $39,000 after buying an additional 176 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Ezra Y. Yacob sold 4,729 shares of the firm’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $129.31, for a total transaction of $611,506.99. Following the sale, the chief executive officer now owns 150,474 shares in the company, valued at approximately $19,457,792.94. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO Ezra Y. Yacob sold 4,729 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $129.31, for a total value of $611,506.99. Following the completion of the sale, the chief executive officer now owns 150,474 shares of the company’s stock, valued at approximately $19,457,792.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael P. Donaldson sold 2,685 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $130.29, for a total transaction of $349,828.65. Following the completion of the transaction, the executive vice president now owns 109,040 shares in the company, valued at approximately $14,206,821.60. The disclosure for this sale can be found here. Insiders sold a total of 16,512 shares of company stock valued at $2,144,972 in the last quarter. Corporate insiders own 0.30% of the company’s stock.

EOG Resources Stock Performance

Shares of EOG stock traded down $1.76 during trading hours on Monday, hitting $125.39. 209,818 shares of the company were exchanged, compared to its average volume of 3,167,894. EOG Resources, Inc. has a 52-week low of $108.94 and a 52-week high of $139.67. The company has a current ratio of 2.32, a quick ratio of 2.05 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $124.73 and a 200 day simple moving average of $123.40. The stock has a market capitalization of $72.06 billion, a price-to-earnings ratio of 10.04, a P/E/G ratio of 2.22 and a beta of 1.30.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.70 by $0.12. The business had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $5.91 billion. EOG Resources had a return on equity of 24.83% and a net margin of 30.33%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.69 EPS. Research analysts predict that EOG Resources, Inc. will post 12.13 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $3.64 annualized dividend and a yield of 2.90%. EOG Resources’s payout ratio is presently 28.75%.

Analyst Upgrades and Downgrades

EOG has been the topic of several research reports. Susquehanna upped their price objective on shares of EOG Resources from $147.00 to $155.00 and gave the company a “positive” rating in a report on Monday, April 22nd. Scotiabank reduced their price target on EOG Resources from $155.00 to $150.00 and set a “sector perform” rating for the company in a research note on Friday, July 12th. KeyCorp initiated coverage on shares of EOG Resources in a research note on Thursday, June 27th. They issued an “overweight” rating and a $157.00 price target on the stock. Truist Financial cut their price objective on shares of EOG Resources from $136.00 to $130.00 and set a “hold” rating for the company in a research report on Monday, July 22nd. Finally, StockNews.com lowered EOG Resources from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Fifteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, EOG Resources currently has a consensus rating of “Hold” and a consensus target price of $143.20.

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.