5,910 Shares of EOG Resources, Inc. $EOG Acquired by Vista Investment Partners LLC

Vista Investment Partners LLC purchased a new position in EOG Resources, Inc. (NYSE:EOG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,910 shares of the energy exploration company’s stock, valued at approximately $814,000.

Other large investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. lifted its position in EOG Resources by 225.5% during the first quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock valued at $26,000 after acquiring an additional 124 shares during the last quarter. Byrne Asset Management LLC grew its holdings in EOG Resources by 469.4% in the third quarter. Byrne Asset Management LLC now owns 205 shares of the energy exploration company’s stock worth $29,000 after purchasing an additional 169 shares during the last quarter. Financial Life Planners acquired a new position in shares of EOG Resources during the first quarter worth $30,000. Wedbush Fund Advisers LLC acquired a new position in shares of EOG Resources during the second quarter worth $31,000. Finally, Global Assets Advisory LLC purchased a new stake in shares of EOG Resources during the 1st quarter valued at $37,000. Institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Performance

Shares of EOG stock traded up $4.13 on Thursday, hitting $148.34. The company had a trading volume of 1,420,137 shares, compared to its average volume of 4,075,764. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $154.16. The company has a quick ratio of 1.68, a current ratio of 1.85 and a debt-to-equity ratio of 0.25. The firm has a market cap of $77.81 billion, a P/E ratio of 11.54, a price-to-earnings-growth ratio of 0.53 and a beta of 0.36. The company has a 50-day moving average price of $144.45 and a 200-day moving average price of $139.84.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 EPS for the quarter, beating the consensus estimate of $4.97 by $0.10. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The company had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. During the same quarter last year, the business earned $2.32 earnings per share. The firm’s revenue was up 57.4% on a year-over-year basis. As a group, equities research analysts predict that EOG Resources, Inc. will post 17.07 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, October 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.8%. EOG Resources’s dividend payout ratio is presently 31.75%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on EOG shares. Jefferies Financial Group reissued a “buy” rating and issued a $185.00 price target on shares of EOG Resources in a report on Saturday. Wall Street Zen upgraded shares of EOG Resources from a “hold” rating to a “buy” rating in a report on Saturday, September 26th. Freedom Capital lowered shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Citigroup reiterated a “neutral” rating and issued a $150.00 target price (up from $141.00) on shares of EOG Resources in a research note on Thursday, August 27th. Finally, Susquehanna restated a “positive” rating and set a $170.00 price target (up from $166.00) on shares of EOG Resources in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eighteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $159.12.

Insider Activity

In related 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 transaction of $5,466,778.20. Following the completion of the sale, the chief executive officer owned 242,451 shares of the company’s stock, valued at approximately $36,876,797.10. This represents a 12.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael P. Donaldson sold 7,336 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $148.00, for a total value of $1,085,728.00. Following the completion of the sale, the executive vice president owned 100,558 shares of the company’s stock, valued at $14,882,584. This trade represents a 6.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 52,317 shares of company stock worth $7,823,480 over the last quarter. 0.14% of the stock is currently owned by corporate insiders.

About EOG Resources

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. The company focuses on large-scale, onshore assets and applies drilling, completion and other technologies to develop unconventional oil and natural gas resources.

EOG’s principal operations are located in the United States, including the Permian Basin in Texas and New Mexico, the Eagle Ford in South Texas and the Rocky Mountain region.