Marble Harbor Investment Counsel LLC grew its stake in EOG Resources, Inc. (NYSE:EOG) by 18.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,785 shares of the energy exploration company’s stock after buying an additional 6,810 shares during the quarter. Marble Harbor Investment Counsel LLC’s holdings in EOG Resources were worth $3,873,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EOG. IHT Wealth Management LLC increased its stake in shares of EOG Resources by 4.1% in the 1st quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock valued at $101,000 after purchasing an additional 41 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in shares of EOG Resources by 60.0% in the 1st quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock valued at $104,000 after purchasing an additional 401 shares in the last quarter. Advantage Investment Management LLC increased its stake in shares of EOG Resources by 16.6% in the 1st quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock valued at $105,000 after purchasing an additional 154 shares in the last quarter. Winfield Associates Inc. increased its stake in shares of EOG Resources by 5.3% in the 1st quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock valued at $111,000 after purchasing an additional 57 shares in the last quarter. Finally, Exane Derivatives increased its stake in shares of EOG Resources by 19.8% in the 2nd quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock valued at $105,000 after purchasing an additional 192 shares in the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

EOG Resources, Inc. (EOG) opened at 87.85 on Thursday. The company has a 50-day moving average price of $88.84 and a 200 day moving average price of $92.11. The stock’s market cap is $50.73 billion. EOG Resources, Inc. has a 12-month low of $81.99 and a 12-month high of $109.37.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by $0.02. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the prior year, the firm earned ($0.38) EPS. The business’s quarterly revenue was up 47.1% compared to the same quarter last year. On average, equities research analysts predict that EOG Resources, Inc. will post $0.61 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Marble Harbor Investment Counsel LLC Has $3.87 Million Stake in EOG Resources, Inc. (EOG)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/09/07/marble-harbor-investment-counsel-llc-has-3-87-million-stake-in-eog-resources-inc-eog.html.

Several equities analysts recently weighed in on EOG shares. Sanford C. Bernstein restated an “outperform” rating on shares of EOG Resources in a research note on Friday, July 7th. Stifel Nicolaus restated a “buy” rating and issued a $111.00 price target on shares of EOG Resources in a research note on Friday, July 14th. Barclays PLC restated an “overweight” rating and issued a $101.00 price target (up previously from $94.00) on shares of EOG Resources in a research note on Wednesday, August 9th. ValuEngine upgraded EOG Resources from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Citigroup Inc. lowered EOG Resources from a “buy” rating to a “neutral” rating and cut their price target for the company from $112.00 to $98.00 in a research note on Friday, July 21st. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-three have issued a buy rating to the company’s stock. EOG Resources presently has an average rating of “Buy” and an average target price of $108.08.

In other EOG Resources news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 70,987 shares in the company, valued at approximately $6,262,473.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.

Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources, Inc. (NYSE:EOG).

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

Receive News & Stock Ratings for EOG Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources Inc. and related stocks with our FREE daily email newsletter.