EOG Resources, Inc. Common Stoc (NYSE:EOG):
EOG Resources Declares Quarterly Dividend on Common Stock.
The company is so far trading up by 6.10 percent from yesterday’s close.
The company recently declared a dividend for shareholders that was paid on Friday the 29th of July 2016. The dividend payment was $0.168 per share for the quarter or $0.67 annualized. This dividend represents a yeild of $0.75 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Wednesday the 13th of July 2016.
Shares of the company are trading at $93.96 just a bit higher than $90.90, the stock’s 50 day moving average and which is marginally higher than the 200 day moving average of $82.85. The 50 day moving average went up $3.06 or +3.36% and the 200 day average was up $11.11.
In the last earnings report the EPS was $-9.38 and is projected to be $-1.67 for the current year with 550,643,000 shares now outstanding. Analysts expect next quarter’s EPS will be $-0.20 and the next full year EPS is anticipated to be $0.48.
Several brokerage firms have provided guidance on the stock of late. September 1 investment analysts at Barclays made no change to the stock rating of “Overweight” and raised the price expectation to $110.00 from $84.00. On July 15 the company was downgraded from “” to “Overweight” and a price target of $84.00 was set by Tudor Pickering.
On July 14 Barclays kept the company rating at “Overweight” and raised the price target from $83.00 to $84.00. Equity analyst CLSA added EOG to its research portfolio by announcing an initial rating of “Underperform”.
On May 24 Barclays left the stock rating at “” but raised the price target from $70.00 to $83.00. On May 19 the company was changed to a “Hold” according to a Johnson Rice report a cut from the previous “” rating.