EOG Resources Inc. (NYSE:EOG) shares traded 2.29% higher at $114.59 on Wall Street last session.
EOG stock price is now 0.90% away from the 50-day moving average and -5.59% away from the 200-day moving average. The market capitalization of the company currently stands at $65.52B.
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In other news, Helms Lloyd W Jr, President & COO sold 7,677 shares of the company’s stock on May 08. The stock was sold for $891,661 at an average price of $116.15. Upon completion of the transaction, the President & COO now directly owns 154,689 shares in the company, valued at $17.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 12, Director Kerr Michael T. bought 20,000 shares of the business’s stock. A total of $2,609,854 was incurred on buying the stock at an average price of $130.49. This leaves the insider owning 170,000 shares of the company worth $19.48 million. Insiders disposed of 461,509 shares of company stock worth roughly $52.88 million over the past 1 year. A total of 0.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EOG stock. A new stake in EOG Resources Inc. shares was purchased by RUFFER LLP during the first quarter worth $53,756,000. MEAG MUNICH ERGO, KAPITALANLAGEGESELLSCHAFT MBH invested $43,671,000 in shares of EOG during the first quarter. In the first quarter, GREAT LAKES ADVISORS, LLC acquired a new stake in EOG Resources Inc. valued at approximately $42,103,000. CANNELL & CO. acquired a new stake in EOG for approximately $27,201,000. EMPOWERED FUNDS, LLC purchased a new stake in EOG valued at around $20,091,000 in the second quarter. In total, there are 1,787 active investors with 89.00% ownership of the company’s stock.
EOG Resources Inc. (NYSE: EOG) opened at $114.78 on Friday. During the past 12 months, EOG Resources Inc. has had a low of $89.14 and a high of $147.74. As of last week, the company has a debt-to-equity ratio of 0.15, a current ratio of 2.20, and a quick ratio of 1.90. The fifty day moving average price for EOG is $113.65 and a two-hundred day moving average price translates $123.20 for the stock.
The latest earnings results from EOG Resources Inc. (NYSE: EOG) was released for Mar, 2023. According to the Oil & Gas E&P Company, earnings per share came in at $2.69, beating analysts’ expectations of $2.48 by 0.21. This compares to $0.67 EPS in the same period last year. The net profit margin was 34.00% and return on equity was 39.00% for EOG. The company reported revenue of $6.04 billion for the quarter, compared to $3.98 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 51.74 percent. For the current quarter, analysts expect EOG to generate $5.36B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 07/31/2023. Investors who held shares on 07/17/2023 were paid a $0.825 dividend. On an annualized basis, this represents a $3.30 dividend and a 2.88% percent yield. There was an ex-dividend date of 07/14/2023 for this dividend. In terms of dividend payout ratio, EOG is presently at 19.60%.
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