Capital World Investors Adds $1.5B in EOG Resources, Inc. ($EOG)
Key Points
- Capital World Investors changed its EOG Resources, Inc. ($EOG) stake by 27.8% last quarter, boosting to 51,890,964 shares worth $7.09 billion.
- Wall Street's consensus rating on $EOG is Buy and an average price target of $160.18.
- $EOG last traded around $136.65.
Capital World Investors increased its position in EOG Resources, Inc. ($EOG) by 27.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,890,964 shares of EOG Resources, Inc. after buying 11,283,390 shares during the quarter. Capital World Investors's holdings in EOG Resources, Inc. were worth $7.09 billion as of its most recent filing.
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About EOG Resources, Inc.
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
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