EOG Resources Inc (NYSE:EOG) shares hit a new 52-week low on Monday . The stock traded as low as $64.33 and last traded at $64.71, with a volume of 3729 shares. The stock had previously closed at $64.44.

Several brokerages recently weighed in on EOG. Guggenheim set a $108.00 target price on EOG Resources and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Oppenheimer cut their price objective on EOG Resources from $111.00 to $102.00 and set an “outperform” rating on the stock in a research report on Thursday, August 22nd. KeyCorp cut their price objective on EOG Resources from $110.00 to $97.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 15th. TheStreet lowered EOG Resources from a “b-” rating to a “c” rating in a research report on Thursday, August 15th. Finally, SunTrust Banks lowered EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday. Five analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $110.38.

The firm has a 50 day moving average price of $74.61 and a two-hundred day moving average price of $85.39. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $38.77 billion, a price-to-earnings ratio of 11.76, a P/E/G ratio of 1.53 and a beta of 1.34.

EOG Resources (NYSE:EOG) last announced its earnings results on Thursday, August 1st. The energy exploration company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.02). The business had revenue of $4.70 billion for the quarter, compared to analyst estimates of $4.41 billion. EOG Resources had a net margin of 19.69% and a return on equity of 16.25%. The firm’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.37 earnings per share. Analysts predict that EOG Resources Inc will post 4.82 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th will be paid a dividend of $0.2875 per share. The ex-dividend date is Wednesday, October 16th. This represents a $1.15 annualized dividend and a dividend yield of 1.77%. EOG Resources’s dividend payout ratio is presently 20.76%.

Several institutional investors have recently made changes to their positions in the company. United Bank boosted its stake in shares of EOG Resources by 5.0% in the first quarter. United Bank now owns 3,713 shares of the energy exploration company’s stock worth $353,000 after acquiring an additional 177 shares during the last quarter. Marshall Wace LLP lifted its position in EOG Resources by 317.6% during the first quarter. Marshall Wace LLP now owns 20,086 shares of the energy exploration company’s stock worth $1,912,000 after buying an additional 15,276 shares in the last quarter. Cox Capital Mgt LLC lifted its position in EOG Resources by 5.5% during the second quarter. Cox Capital Mgt LLC now owns 12,471 shares of the energy exploration company’s stock worth $1,162,000 after buying an additional 652 shares in the last quarter. Private Trust Co. NA lifted its position in EOG Resources by 21.7% during the second quarter. Private Trust Co. NA now owns 17,292 shares of the energy exploration company’s stock worth $1,610,000 after buying an additional 3,083 shares in the last quarter. Finally, WINTON GROUP Ltd lifted its position in EOG Resources by 10.7% during the second quarter. WINTON GROUP Ltd now owns 5,941 shares of the energy exploration company’s stock worth $553,000 after buying an additional 574 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

About EOG Resources (NYSE:EOG)

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

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