Vanguard Capital Wealth Advisors Lowers Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

Vanguard Capital Wealth Advisors reduced its stake in EOG Resources, Inc. (NYSE:EOG) by 11.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,867 shares of the energy exploration company’s stock after selling 250 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in EOG Resources were worth $226,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of EOG. McIlrath & Eck LLC grew its stake in EOG Resources by 77.6% during the 3rd quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock valued at $30,000 after acquiring an additional 104 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in EOG Resources by 530.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock worth $30,000 after buying an additional 212 shares during the period. Peoples Bank KS acquired a new stake in shares of EOG Resources during the third quarter worth $31,000. Hall Laurie J Trustee bought a new position in shares of EOG Resources during the 4th quarter valued at about $36,000. Finally, Keener Financial Planning LLC acquired a new stake in EOG Resources in the fourth quarter valued at approximately $36,000. 89.91% of the stock is owned by institutional investors.

EOG Resources Stock Down 3.0 %

NYSE:EOG traded down $4.12 on Tuesday, hitting $132.13. The stock had a trading volume of 3,552,396 shares, compared to its average volume of 3,353,283. The company has a quick ratio of 2.13, a current ratio of 2.44 and a debt-to-equity ratio of 0.13. The company has a market cap of $76.00 billion, a PE ratio of 10.35 and a beta of 1.40. The business’s fifty day moving average is $126.15 and its 200 day moving average is $122.49. EOG Resources, Inc. has a 52 week low of $106.32 and a 52 week high of $139.67.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Friday, February 23rd. The energy exploration company reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.07). The company had revenue of $6.36 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a return on equity of 25.38% and a net margin of 31.40%. The business’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.30 earnings per share. On average, equities research analysts expect that EOG Resources, Inc. will post 12.3 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Monday, April 15th. EOG Resources’s dividend payout ratio is currently 27.98%.

Analyst Upgrades and Downgrades

EOG has been the subject of a number of recent analyst reports. KeyCorp upped their price target on EOG Resources from $147.00 to $157.00 and gave the company an “overweight” rating in a research note on Monday, April 22nd. JPMorgan Chase & Co. boosted their price objective on EOG Resources from $134.00 to $141.00 and gave the stock a “neutral” rating in a research report on Thursday, March 28th. Royal Bank of Canada reiterated a “sector perform” rating and set a $145.00 price objective on shares of EOG Resources in a research report on Tuesday, April 9th. StockNews.com raised EOG Resources from a “hold” rating to a “buy” rating in a report on Monday, April 22nd. Finally, Truist Financial decreased their target price on EOG Resources from $165.00 to $163.00 and set a “buy” rating on the stock in a research report on Friday, April 5th. Thirteen research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $142.27.

EOG Resources Company 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.