DekaBank Deutsche Girozentrale boosted its stake in EOG Resources, Inc. (NYSE:EOG) by 12.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 353,313 shares of the energy exploration company’s stock after buying an additional 38,764 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.06% of EOG Resources worth $31,980,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the company. IHT Wealth Management LLC raised its position in EOG Resources by 4.1% in the first quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock valued at $101,000 after buying an additional 41 shares during the last quarter. Winfield Associates Inc. raised its position in EOG Resources by 1.7% in the second quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock valued at $103,000 after buying an additional 19 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in EOG Resources by 60.0% in the first quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock valued at $104,000 after buying an additional 401 shares during the last quarter. Advantage Investment Management LLC raised its position in EOG Resources by 16.6% in the first quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock valued at $105,000 after buying an additional 154 shares during the last quarter. Finally, Exane Derivatives raised its position in EOG Resources by 19.8% in the second quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock valued at $105,000 after buying an additional 192 shares during the last quarter. 83.25% of the stock is currently owned by hedge funds and other institutional investors.

EOG Resources, Inc. (NYSE EOG) opened at 84.24 on Wednesday. The stock’s market capitalization is $48.64 billion. The firm has a 50 day moving average price of $90.69 and a 200 day moving average price of $93.31. EOG Resources, Inc. has a 52 week low of $83.29 and a 52 week high of $109.37.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by $0.02. EOG Resources had a negative net margin of 2.88% and a negative return on equity of 0.68%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the firm posted ($0.38) EPS. The business’s revenue was up 47.1% on a year-over-year basis. Equities research analysts predict that EOG Resources, Inc. will post $0.61 earnings per share for the current year.

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A number of research firms have issued reports on EOG. Stifel Nicolaus reaffirmed a “buy” rating and issued a $111.00 price target on shares of EOG Resources in a research report on Friday, May 26th. Scotiabank reaffirmed a “hold” rating and issued a $109.00 price target on shares of EOG Resources in a research report on Tuesday, May 16th. Credit Suisse Group set a $108.00 price target on EOG Resources and gave the company a “hold” rating in a research report on Friday, June 2nd. Barclays PLC reaffirmed an “overweight” rating and issued a $101.00 price target (up previously from $94.00) on shares of EOG Resources in a research report on Thursday, August 3rd. Finally, Wells Fargo & Company raised EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a research report on Wednesday, May 10th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $108.54.

In other news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of EOG Resources stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $88.22, for a total value of $352,880.00. Following the completion of the transaction, the executive vice president now owns 70,987 shares in the company, valued at $6,262,473.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.53% of the company’s stock.

EOG Resources Company Profile

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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