Fulcrum Capital LLC Has $5.48 Million Stock Holdings in EOG Resources, Inc. $EOG

Fulcrum Capital LLC grew its position in EOG Resources, Inc. (NYSE:EOG) by 2.0% during the 2nd quarter, Holdings Channel reports. The firm owned 45,778 shares of the energy exploration company’s stock after purchasing an additional 883 shares during the quarter. Fulcrum Capital LLC’s holdings in EOG Resources were worth $5,476,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in EOG. Banque Cantonale Vaudoise acquired a new stake in shares of EOG Resources in the 1st quarter valued at $26,000. Saudi Central Bank acquired a new stake in shares of EOG Resources in the 1st quarter valued at $28,000. Raleigh Capital Management Inc. acquired a new stake in shares of EOG Resources in the 2nd quarter valued at $29,000. Alpine Bank Wealth Management acquired a new stake in shares of EOG Resources in the 1st quarter valued at $34,000. Finally, ORG Partners LLC boosted its stake in shares of EOG Resources by 45.1% in the 2nd quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock valued at $34,000 after purchasing an additional 88 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Wall Street Analyst Weigh In

EOG has been the topic of several research reports. Raymond James Financial upped their price target on shares of EOG Resources from $158.00 to $161.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. reduced their price target on shares of EOG Resources from $132.00 to $131.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 1st. Argus downgraded shares of EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday, August 25th. UBS Group upped their price target on shares of EOG Resources from $142.00 to $144.00 and gave the stock a “buy” rating in a research report on Wednesday, August 20th. Finally, Royal Bank Of Canada upped their price target on shares of EOG Resources from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $143.43.

EOG Resources Stock Performance

Shares of NYSE:EOG opened at $108.14 on Friday. The stock has a market capitalization of $59.04 billion, a P/E ratio of 10.51, a P/E/G ratio of 8.65 and a beta of 0.74. EOG Resources, Inc. has a 1-year low of $102.52 and a 1-year high of $138.18. The company has a current ratio of 1.79, a quick ratio of 1.61 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $117.43 and a two-hundred day moving average price of $116.73.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.18. The firm had revenue of $5.48 billion during the quarter, compared to analysts’ expectations of $5.45 billion. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The company’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same period in the previous year, the business posted $3.16 EPS. Equities analysts predict that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.