Entropy Technologies LP decreased its stake in EOG Resources, Inc. (NYSE:EOG) by 75.5% in the first quarter, according to the company's most recent disclosure with the Securities and Exchange Commission. The firm owned 6,887 shares of EOG Resources after selling 21,189 shares during the period. Entropy Technologies LP's holdings in EOG Resources were worth $883,000 as of its most recent filing.\n\nEOG Resources announced a quarterly dividend increase to $1.02, with a yield of 3.5%, which will be paid out on October 31st to shareholders of record on October 17th. The company's stock price opened at $116.81 and has a market capitalization of $63.77 billion, with a price-to-earnings ratio of 11.35 and a beta of 0.80.\n\nA number of other hedge funds also recently made changes to their positions in EOG. Capital World Investors raised its position by 5.2% during the fourth quarter, now owning 45,919,327 shares worth $5,628,497,000. GAMMA Investing LLC raised its position by 14,784.1%, now owning 1,281,374 shares worth $164,323,000. Charles Schwab Investment Management Inc. raised its position by 6.5%, now owning 19,380,866 shares worth $2,485,402,000. Deutsche Bank AG lifted its stake by 58.6%, now owning 2,081,409 shares valued at $255,139,000. AQR Capital Management LLC lifted its stake by 134.7%, now owning 1,294,824 shares valued at $158,720,000.\n\n89.91% of the stock is currently owned by institutional investors. EOG Resources reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.18. The company had revenue of $5.48 billion, compared to analysts' expectations of $5.45 billion. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%. The quarterly revenue was down 9.1% year-over-year. On average, sell-side analysts forecast that EOG Resources will post 11.47 earnings per share for the current fiscal year.\n\nThe company's 12-month low is $102.52 and 12-month high is $138.18. The 50-day moving average is $119.74 and the 200-day moving average is $119.65. The business's quick ratio is 1.61, current ratio is 1.79, and debt-to-equity ratio is 0.12. COO sold 3,951 shares at an average price of $119.65, valued at $472,737.15, resulting in a 7.95% decrease in ownership. Corporate insiders own 0.13% of the company's stock.\n\nAnalyst ratings include: Jefferies Financial Group reissued a 'buy' rating with a $148.00 price objective; Bank of America dropped its price objective to $124.00 and set a 'neutral' rating; UBS Group reissued a 'buy' rating with a $140.00 price objective; Susquehanna boosted its price objective to $170.00 with a 'positive' rating; Stephens started coverage with an 'equal weight' rating and a $137.00 price objective. Twelve analysts have a 'hold' rating, nine have a 'buy' rating, and one has a 'strong buy' rating. The average rating is 'Moderate Buy' with a consensus target price of $140.62.\n\nEOG Resources, Inc. explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in the United States, the Republic of Trinidad and Tobago, and internationally. The company was formerly known as Enron Oil & Gas Company.

Entropy Technologies LP Has $883,000 Position in EOG Resources, Inc. (NYSE:EOG)

Entropy Technologies LP reduced its stake in EOG Resources, Inc. by 75.5% in the first quarter, holding 6,887 shares worth $883,000 as of the latest SEC filing. EOG Resources announced a quarterly dividend increase to $1.02 with a 3.5% yield, payable on October 31st to shareholders of record on October 17th. The company reported earnings per share of $2.32, exceeding expectations, with revenue of $5.48 billion and a net margin of 25.25%. Institutional investors own 89.91% of the company's stock. Analyst ratings include 'buy' ratings from Jefferies, UBS, and Susquehanna, with a consensus target price of $140.62. The company operates in the U.S., Trinidad and Tobago, and internationally, primarily in crude oil, natural gas liquids, and natural gas production.