BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp decreased its position in shares of EOG Resources, Inc. (NYSE:EOG) by 0.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 301,541 shares of the energy exploration company’s stock after selling 1,223 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned approximately 0.05% of EOG Resources worth $29,171,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. NEXT Financial Group Inc lifted its position in EOG Resources by 5.6% in the second quarter. NEXT Financial Group Inc now owns 2,634 shares of the energy exploration company’s stock valued at $238,000 after buying an additional 139 shares during the last quarter. Trust Co. of Vermont lifted its position in EOG Resources by 21.5% in the second quarter. Trust Co. of Vermont now owns 8,185 shares of the energy exploration company’s stock valued at $741,000 after buying an additional 1,451 shares during the last quarter. Creative Planning lifted its position in EOG Resources by 13.8% in the second quarter. Creative Planning now owns 38,756 shares of the energy exploration company’s stock valued at $3,508,000 after buying an additional 4,704 shares during the last quarter. State of Alaska Department of Revenue lifted its position in EOG Resources by 47.9% in the second quarter. State of Alaska Department of Revenue now owns 6,948 shares of the energy exploration company’s stock valued at $628,000 after buying an additional 2,250 shares during the last quarter. Finally, National Pension Service lifted its position in EOG Resources by 10.7% in the second quarter. National Pension Service now owns 462,927 shares of the energy exploration company’s stock valued at $41,663,000 after buying an additional 44,887 shares during the last quarter. 86.20% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have issued reports on the stock. Imperial Capital assumed coverage on shares of EOG Resources in a research note on Thursday, September 28th. They set an “outperform” rating and a $115.00 price target on the stock. Morgan Stanley upgraded shares of EOG Resources from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $97.00 to $106.00 in a research note on Tuesday, September 12th. Barclays boosted their price target on shares of EOG Resources from $117.00 to $120.00 and gave the stock an “overweight” rating in a research note on Monday, November 20th. Robert W. Baird set a $114.00 price target on shares of EOG Resources and gave the stock a “buy” rating in a research note on Friday, November 17th. Finally, BMO Capital Markets set a $105.00 price target on shares of EOG Resources and gave the stock a “buy” rating in a research note on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and eighteen have issued a buy rating to the company. EOG Resources has a consensus rating of “Buy” and an average price target of $109.42.

In related news, insider Gary L. Thomas sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $96.63, for a total transaction of $2,415,750.00. Following the sale, the insider now directly owns 1,067,465 shares in the company, valued at $103,149,142.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David W. Trice sold 3,114 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $106.65, for a total transaction of $332,108.10. Following the sale, the executive vice president now owns 80,415 shares in the company, valued at $8,576,259.75. The disclosure for this sale can be found here. Insiders have sold 153,692 shares of company stock worth $3,717,390 over the last 90 days. Insiders own 0.53% of the company’s stock.

Shares of EOG Resources, Inc. (EOG) opened at $99.91 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.11 and a current ratio of 1.27. EOG Resources, Inc. has a one year low of $81.99 and a one year high of $109.37. The firm has a market cap of $58,429.05, a P/E ratio of 246.46, a P/E/G ratio of 13.33 and a beta of 0.98.

EOG Resources (NYSE:EOG) last released its earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.07. EOG Resources had a net margin of 0.10% and a return on equity of 1.73%. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the firm earned ($0.40) earnings per share. The business’s quarterly revenue was up 24.8% compared to the same quarter last year. analysts predict that EOG Resources, Inc. will post 0.84 EPS for the current fiscal year.

WARNING: “BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Sells 1,223 Shares of EOG Resources, Inc. (EOG)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/12/06/british-columbia-investment-management-corp-sells-1223-shares-of-eog-resources-inc-eog.html.

About EOG Resources

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.

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.