Tdam USA Inc. lowered its position in shares of EOG Resources Inc (NYSE:EOG) by 15.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,487 shares of the energy exploration company’s stock after selling 616 shares during the period. Tdam USA Inc.’s holdings in EOG Resources were worth $325,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Guidant Wealth Advisors boosted its holdings in EOG Resources by 50.5% in the first quarter. Guidant Wealth Advisors now owns 301 shares of the energy exploration company’s stock worth $29,000 after purchasing an additional 101 shares during the period. Valeo Financial Advisors LLC raised its stake in shares of EOG Resources by 76.4% during the first quarter. Valeo Financial Advisors LLC now owns 261 shares of the energy exploration company’s stock valued at $25,000 after purchasing an additional 113 shares in the last quarter. Icon Wealth Partners LLC raised its position in EOG Resources by 9.7% in the first quarter. Icon Wealth Partners LLC now owns 1,288 shares of the energy exploration company’s stock worth $123,000 after acquiring an additional 114 shares in the last quarter. Advisory Services Network LLC raised its position in EOG Resources by 0.8% in the first quarter. Advisory Services Network LLC now owns 16,930 shares of the energy exploration company’s stock worth $1,611,000 after acquiring an additional 137 shares in the last quarter. Finally, RKL Wealth Management LLC raised its position in EOG Resources by 1.4% in the first quarter. RKL Wealth Management LLC now owns 10,467 shares of the energy exploration company’s stock worth $1,010,000 after acquiring an additional 145 shares in the last quarter. Institutional investors own 87.01% of the company’s stock.

Several research firms have issued reports on EOG. Susquehanna Bancshares upgraded EOG Resources from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $107.00 to $115.00 in a report on Monday, May 6th. MKM Partners upgraded EOG Resources from a “neutral” rating to a “buy” rating and set a $109.00 price objective on the stock in a report on Tuesday, May 28th. Morgan Stanley cut their price objective on EOG Resources from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Friday, July 12th. Goldman Sachs Group upgraded EOG Resources from a “neutral” rating to a “buy” rating in a report on Tuesday, May 28th. Finally, Citigroup cut their price objective on EOG Resources from $120.00 to $116.00 and set a “buy” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $116.36.

EOG Resources stock traded up $0.33 during mid-day trading on Thursday, hitting $75.35. The stock had a trading volume of 55,933 shares, compared to its average volume of 4,047,049. The firm’s 50-day moving average is $85.95. The firm has a market cap of $43.18 billion, a PE ratio of 13.53, a PEG ratio of 1.71 and a beta of 1.31. EOG Resources Inc has a 12 month low of $74.26 and a 12 month high of $133.53. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.02 and a quick ratio of 0.83.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, August 1st. The energy exploration company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($0.02). The firm had revenue of $4.70 billion during the quarter, compared to the consensus estimate of $4.41 billion. EOG Resources had a net margin of 19.69% and a return on equity of 16.25%. EOG Resources’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.37 EPS. Research analysts forecast that EOG Resources Inc will post 5.24 earnings per share for the current year.

EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

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

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