Analysts’ Weekly Ratings Updates for EOG Resources (EOG)

Several analysts have recently updated their ratings and price targets for EOG Resources (NYSE: EOG):

  • 4/16/2019 – EOG Resources had its “neutral” rating reaffirmed by analysts at MKM Partners. They now have a $109.00 price target on the stock.
  • 4/12/2019 – EOG Resources was downgraded by analysts at Goldman Sachs Group Inc to a “buy” rating.
  • 4/9/2019 – EOG Resources is now covered by analysts at Citigroup Inc. They set a “buy” rating on the stock.
  • 4/4/2019 – EOG Resources was upgraded by analysts at Tudor Pickering from a “hold” rating to a “buy” rating.
  • 3/27/2019 – EOG Resources is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $108.00 price target on the stock.
  • 3/20/2019 – EOG Resources was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 3/13/2019 – EOG Resources had its price target lowered by analysts at Wells Fargo & Co from $116.00 to $99.00. They now have a “market perform” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 3/13/2019 – EOG Resources had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $138.00 price target on the stock.
  • 3/9/2019 – EOG Resources was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 3/1/2019 – EOG Resources was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 3/1/2019 – EOG Resources was given a new $120.00 price target on by analysts at Argus. They now have a “buy” rating on the stock.
  • 2/28/2019 – EOG Resources had its price target lowered by analysts at TD Securities from $135.00 to $125.00. They now have a “buy” rating on the stock.
  • 2/28/2019 – EOG Resources had its price target lowered by analysts at MKM Partners from $121.00 to $109.00. They now have a “buy” rating on the stock.
  • 2/27/2019 – EOG Resources had its price target lowered by analysts at Morgan Stanley from $106.00 to $100.00. They now have an “equal weight” rating on the stock.
  • 2/27/2019 – EOG Resources had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $126.00 price target on the stock.
  • 2/23/2019 – EOG Resources was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 2/22/2019 – EOG Resources had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $126.00 price target on the stock.

EOG Resources stock opened at $105.83 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.13 and a current ratio of 1.36. EOG Resources Inc has a 1 year low of $82.04 and a 1 year high of $133.53. The stock has a market cap of $61.39 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Tuesday, February 26th. The energy exploration company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.10). The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.44 billion. EOG Resources had a net margin of 19.79% and a return on equity of 17.83%. The business’s revenue was up 36.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.69 earnings per share. On average, analysts forecast that EOG Resources Inc will post 4.94 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.88 annualized dividend and a yield of 0.83%. EOG Resources’s dividend payout ratio (DPR) is currently 15.88%.

In other EOG Resources news, Director Frank G. Wisner sold 1,296 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $87.28, for a total transaction of $113,114.88. Following the sale, the director now directly owns 120,052 shares in the company, valued at approximately $10,478,138.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.20% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of EOG. Valeo Financial Advisors LLC lifted its holdings in EOG Resources by 76.4% during the 1st quarter. Valeo Financial Advisors LLC now owns 261 shares of the energy exploration company’s stock valued at $25,000 after purchasing an additional 113 shares during the last quarter. Guidant Wealth Advisors lifted its holdings in EOG Resources by 50.5% during the 1st quarter. Guidant Wealth Advisors now owns 301 shares of the energy exploration company’s stock valued at $29,000 after purchasing an additional 101 shares during the last quarter. Athena Capital Advisors LLC acquired a new stake in EOG Resources during the 4th quarter valued at $46,000. Legacy Financial Advisors Inc. lifted its holdings in shares of EOG Resources by 108.3% during the fourth quarter. Legacy Financial Advisors Inc. now owns 552 shares of the energy exploration company’s stock worth $48,000 after buying an additional 287 shares in the last quarter. Finally, Quad Cities Investment Group LLC acquired a new stake in shares of EOG Resources during the first quarter worth $48,000. 87.89% of the stock is owned by institutional investors.

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

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