6,749 Shares in EOG Resources, Inc. (NYSE:EOG) Purchased by Chatham Capital Group Inc.

Chatham Capital Group Inc. acquired a new stake in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,749 shares of the energy exploration company's stock, valued at approximately $863,000.

A number of other hedge funds and other institutional investors have also modified their holdings of EOG. McIlrath & Eck LLC raised its position in EOG Resources by 77.6% in the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company's stock worth $30,000 after acquiring an additional 104 shares in the last quarter. Exchange Traded Concepts LLC raised its position in EOG Resources by 530.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company's stock worth $30,000 after acquiring an additional 212 shares in the last quarter. Sachetta LLC bought a new stake in EOG Resources in the fourth quarter worth about $33,000. Hall Laurie J Trustee bought a new stake in EOG Resources in the fourth quarter worth about $36,000. Finally, Keener Financial Planning LLC bought a new stake in EOG Resources in the fourth quarter worth about $36,000. 89.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Ezra Y. Yacob sold 4,729 shares of the business's stock in a transaction that occurred on Tuesday, May 21st. The stock was 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 directly 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 can be accessed through the SEC website. In related news, COO Jeffrey R. Leitzell sold 7,802 shares of the business's stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $130.07, for a total value of $1,014,806.14. Following the completion of the sale, the chief operating officer now directly owns 39,054 shares in the company, valued at approximately $5,079,753.78. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Ezra Y. Yacob sold 4,729 shares of the company's stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total value of $611,506.99. Following the transaction, the chief executive officer now owns 150,474 shares of the company's stock, valued at $19,457,792.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,512 shares of company stock worth $2,144,972. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have commented on EOG shares. TD Cowen boosted their price target on shares of EOG Resources from $130.00 to $144.00 and gave the stock a "hold" rating in a research report on Tuesday, April 30th. Stifel Nicolaus dropped their price target on EOG Resources from $153.00 to $150.00 and set a "buy" rating on the stock in a research note on Tuesday, April 23rd. Citigroup lifted their price target on EOG Resources from $124.00 to $130.00 and gave the stock a "neutral" rating in a research note on Friday, May 24th. Piper Sandler lifted their price target on EOG Resources from $153.00 to $154.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 14th. Finally, StockNews.com raised EOG Resources from a "hold" rating to a "buy" rating in a research note on Thursday, May 9th. Thirteen analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $143.19.

EOG Resources Stock Up 0.5 %

Shares of EOG Resources stock traded up $0.66 during trading on Monday, hitting $126.53. 2,496,094 shares of the stock traded hands, compared to its average volume of 3,280,575. The stock has a market cap of $72.72 billion, a P/E ratio of 10.01, a PEG ratio of 1.75 and a beta of 1.30. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.05 and a current ratio of 2.32. EOG Resources, Inc. has a twelve month low of $108.94 and a twelve month high of $139.67. The company has a fifty day moving average price of $126.28 and a two-hundred day moving average price of $122.44.

EOG Resources (NYSE:EOG - Get Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.12. The business had revenue of $6.12 billion during the quarter, compared to analyst estimates of $5.91 billion. EOG Resources had a return on equity of 24.83% and a net margin of 30.33%. The firm's revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.69 EPS. Equities research analysts predict that EOG Resources, Inc. will post 11.99 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be issued a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 17th. This represents a $3.64 annualized dividend and a dividend yield of 2.88%. EOG Resources's dividend payout ratio is 28.75%.

About EOG Resources

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.