Dividend Runner: $0.17 dividends are within arm’s reach for EOG Resources, Inc. (NYSE:EOG) shareholders.

Dividend Runner: $0.17 dividends are within arm's reach for EOG Resources, Inc. (NYSE:EOG) shareholders.

EOG Resources, Inc. (NYSE:EOG) is expected to pay $0.17 on Oct 31, 2016. The indicated annual dividend is $0.67. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on EOG Resources, Inc.’s current price of $96.05, the dividend is 0.17%. This dividend’s record date is Oct 17, 2016 and the announcement date is Sep 28, 2016. The stock decreased 1.27% or $1.24 during the last trading session, hitting $96.05. EOG Resources Inc (NYSE:EOG) has risen 32.92% since March 9, 2016 and is uptrending. It has outperformed by 25.51% the S&P500.

EOG Resources, Inc. explores for, develops, produces and markets natural gas and crude oil primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other international areas. The company has a market cap of $53.36 billion. The Company’s activities are all natural gas and crude oil exploration and production related. It currently has negative earnings. EOG’s total estimated net proved reserves include approximately 2,118 million barrels of oil equivalent (MMBoe), of which over 1,098 million barrels (MMBbl) is crude oil and condensate reserves, approximately 383 MMBbl include natural gas liquids (NGLs) reserves and over 3,825 billion cubic feet, or 637 MMBoe, includes natural gas reserves.

Insitutional Activity: The institutional sentiment decreased to 0.89 in Q2 2016. Its down 0.11, from 1 in 2016Q1. The ratio turned negative, as 66 funds sold all EOG Resources Inc shares owned while 316 reduced positions. 71 funds bought stakes while 268 increased positions. They now own 484.89 million shares or 3.64% less from 503.18 million shares in 2016Q1.
Johnson Counsel holds 0.29% of its portfolio in EOG Resources Inc (NYSE:EOG) for 106,671 shares. Utah Retirement holds 0.22% of its portfolio in EOG Resources Inc (NYSE:EOG) for 100,652 shares. Laurel Grove Capital owns 15,550 shares or 0.78% of their US portfolio. Amf Pensionsforsakring Ab owns 759,693 shares or 0.82% of their US portfolio. Moreover, Hightower Advisors Ltd has 0.16% invested in EOG Resources Inc (NYSE:EOG) for 155,430 shares. Moreover, Arrow has 0.31% invested in EOG Resources Inc (NYSE:EOG) for 14,064 shares. Tiemann Invest Advsrs Ltd Com accumulated 2,705 shares or 0.21% of the stock. Private Wealth Prtnrs Ltd Liability Co, a California-based fund reported 23,200 shares. Int Ca owns 39,350 shares or 0.4% of their US portfolio. Univest Corporation Of Pennsylvania has 29,287 shares for 1.11% of their US portfolio. Eagle Asset Management accumulated 521,659 shares or 0.3% of the stock. Moreover, State Of Tennessee Treasury Department has 0.11% invested in EOG Resources Inc (NYSE:EOG) for 271,135 shares. Fiera Cap Corporation, a Quebec – Canada-based fund reported 420,535 shares. New York State Teachers Retirement Systems has 981,724 shares for 0.22% of their US portfolio. Security Natl holds 0.21% or 6,870 shares in its portfolio.

Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 12 insider sales for $5.37 million net activity. The insider Helms Lloyd W Jr sold $398,891. Janssen Ann D. sold $123,314 worth of EOG Resources Inc (NYSE:EOG) on Wednesday, September 21. $818,788 worth of EOG Resources Inc (NYSE:EOG) was sold by DRIGGERS TIMOTHY K. 16,581 shares with value of $1.54M were sold by Thomas William R. on Wednesday, September 21. Trice David W had sold 4,600 shares worth $446,591. Another trade for 2,026 shares valued at $187,700 was sold by WISNER FRANK G. Donaldson Michael P sold $771,043 worth of stock.

EOG Resources Inc (NYSE:EOG) Ratings Coverage

Out of 24 analysts covering EOG Resources (NYSE:EOG), 13 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 54% are positive. $112 is the highest target while $61 is the lowest. The $93.16 average target is -3.01% below today’s ($96.05) stock price. EOG Resources has been the topic of 52 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Johnson Rice given on Thursday, May 19. The firm has “Hold” rating by Societe Generale given on Monday, October 3. The rating was downgraded by Raymond James on Monday, November 9 to “Market Perform”. Citigroup maintained the stock with “Buy” rating in Thursday, September 22 report. Citigroup maintained EOG Resources Inc (NYSE:EOG) rating on Monday, September 14. Citigroup has “Neutral” rating and $86 price target. The rating was upgraded by CLSA on Monday, August 10 to “Underperform”. As per Monday, November 9, the company rating was maintained by Barclays Capital. The stock of EOG Resources Inc (NYSE:EOG) has “Hold” rating given on Wednesday, April 6 by Stifel Nicolaus. CLSA maintained EOG Resources Inc (NYSE:EOG) rating on Wednesday, September 7. CLSA has “Underperform” rating and $98 price target. The stock of EOG Resources Inc (NYSE:EOG) has “Buy” rating given on Friday, July 15 by Tudor Pickering.

More important recent EOG Resources Inc (NYSE:EOG) news were published by: Fool.com which released: “EOG Resources, Inc. Might Have Made the M&A Deal of the Year” on September 27, 2016, also Fool.com published article titled: “A Strong Case for Buying EOG Resources Inc.”, Seekingalpha.com published: “EOG Resources Should Go Above $100” on October 09, 2016. More interesting news about EOG Resources Inc (NYSE:EOG) was released by: Seekingalpha.com and their article: “Will EOG Resources Thrive On $45 Oil?” with publication date: October 04, 2016.

EOG Company Profile

EOG Resources, Inc. (EOG), incorporated on June 12, 1985, explores for, develops, produces and markets natural gas and crude oil primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other international areas. The Company’s activities are all natural gas and crude oil exploration and production related. EOG’s total estimated net proved reserves include approximately 2,118 million barrels of oil equivalent (MMBoe), of which over 1,098 million barrels (MMBbl) is crude oil and condensate reserves, approximately 383 MMBbl include natural gas liquids (NGLs) reserves and over 3,825 billion cubic feet, or 637 MMBoe, includes natural gas reserves.

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