Standard Life Investments LTD lessened its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 5.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,500,251 shares of the energy exploration company’s stock after selling 84,880 shares during the period. Standard Life Investments LTD owned 0.26% of EOG Resources worth $135,818,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. IHT Wealth Management LLC raised its stake in EOG Resources by 4.1% during the first quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock worth $101,000 after buying an additional 41 shares during the last quarter. Winfield Associates Inc. raised its stake in EOG Resources by 1.7% during the second quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock worth $103,000 after buying an additional 19 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in EOG Resources by 60.0% during the first quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock worth $104,000 after buying an additional 401 shares during the last quarter. Advantage Investment Management LLC raised its stake in EOG Resources by 16.6% during the first quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock worth $105,000 after buying an additional 154 shares during the last quarter. Finally, Exane Derivatives raised its stake in EOG Resources by 19.8% during the second quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock worth $105,000 after buying an additional 192 shares during the last quarter. Institutional investors own 85.48% of the company’s stock.

In other EOG Resources 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 transaction of $352,880.00. Following the transaction, the executive vice president now owns 70,987 shares of the company’s stock, valued at $6,262,473.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.53% of the stock is owned by insiders.

Several equities research analysts have weighed in on the stock. Morgan Stanley raised shares of EOG Resources from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $97.00 to $106.00 in a research note on Tuesday, September 12th. ValuEngine raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $89.00 price target (down from $101.00) on shares of EOG Resources in a research note on Tuesday, August 29th. BidaskClub downgraded shares of EOG Resources from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th. Finally, Scotiabank set a $102.00 price target on shares of EOG Resources and gave the company a “hold” rating in a research note on Friday, August 11th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $108.38.

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Shares of EOG Resources, Inc. (NYSE EOG) opened at 93.22 on Friday. EOG Resources, Inc. has a 52-week low of $81.99 and a 52-week high of $109.37. The stock has a 50 day moving average of $87.93 and a 200 day moving average of $91.79. The company’s market cap is $53.83 billion.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the prior year, the firm earned ($0.38) EPS. EOG Resources’s revenue for the quarter was up 47.1% compared to the same quarter last year. On average, equities research analysts expect that EOG Resources, Inc. will post $0.60 EPS for the current year.

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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