EOG Resources, Inc. $EOG Shares Sold by Intrua Financial LLC

Intrua Financial LLC lowered its stake in EOG Resources, Inc. (NYSE:EOG) by 7.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 5,935 shares of the energy exploration company’s stock after selling 488 shares during the quarter. Intrua Financial LLC’s holdings in EOG Resources were worth $761,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Banque Cantonale Vaudoise acquired a new stake in EOG Resources during the 1st quarter worth $26,000. Saudi Central Bank acquired a new stake in EOG Resources during the 1st quarter worth $28,000. Alpine Bank Wealth Management acquired a new stake in EOG Resources during the 1st quarter worth $34,000. WPG Advisers LLC acquired a new stake in EOG Resources during the 1st quarter worth $36,000. Finally, Ameriflex Group Inc. acquired a new stake in EOG Resources during the 4th quarter worth $36,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on EOG. Argus cut shares of EOG Resources from a “buy” rating to a “hold” rating in a research note on Monday, August 25th. KeyCorp lowered their price target on shares of EOG Resources from $140.00 to $138.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 3rd. Royal Bank Of Canada lowered their price target on shares of EOG Resources from $145.00 to $140.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 8th. Wells Fargo & Company reissued an “overweight” rating on shares of EOG Resources in a research report on Sunday, June 22nd. Finally, Bank of America lowered their price target on shares of EOG Resources from $125.00 to $124.00 and set a “neutral” rating on the stock in a research report on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $143.52.

EOG Resources Stock Down 0.2%

Shares of EOG opened at $120.00 on Friday. The firm has a market cap of $65.52 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 9.21 and a beta of 0.85. EOG Resources, Inc. has a 12-month low of $102.52 and a 12-month high of $138.18. The company’s 50-day moving average price is $119.92 and its 200 day moving average price is $118.27. The company has a current ratio of 1.79, a quick ratio of 1.61 and a debt-to-equity ratio of 0.12.

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, beating the consensus estimate of $2.14 by $0.18. The firm had revenue of $5.48 billion for the quarter, compared to analyst estimates 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 was down 9.1% on a year-over-year basis. During the same period in the previous year, the firm earned $3.16 EPS. On average, sell-side analysts forecast that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 3,951 shares of EOG Resources stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $119.65, for a total value of $472,737.15. Following the completion of the transaction, the chief operating officer directly owned 45,739 shares of the company’s stock, valued at $5,472,671.35. The trade was a 7.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.13% of the stock is currently owned by corporate insiders.

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.