Beck Mack & Oliver LLC held its stake in EOG Resources, Inc. (NYSE:EOG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,760 shares of the energy exploration company’s stock at the end of the second quarter. Beck Mack & Oliver LLC’s holdings in EOG Resources were worth $250,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of EOG. IHT Wealth Management LLC boosted its stake in EOG Resources by 4.1% in 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. Chicago Partners Investment Group LLC boosted its stake in EOG Resources by 60.0% in 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 boosted its stake in EOG Resources by 16.6% in 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. Exane Derivatives boosted its stake in EOG Resources by 19.8% in 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. Finally, Winfield Associates Inc. boosted its stake in EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock worth $111,000 after buying an additional 57 shares during the last quarter. 85.14% of the stock is currently owned by hedge funds and other institutional investors.

Shares of EOG Resources, Inc. (NYSE EOG) opened at 88.53 on Friday. The company’s market capitalization is $51.12 billion. EOG Resources, Inc. has a 52-week low of $85.88 and a 52-week high of $109.37. The stock’s 50 day moving average is $91.31 and its 200 day moving average is $94.17.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same period last year, the business earned ($0.38) earnings per share. The company’s revenue was up 47.1% on a year-over-year basis. Equities analysts expect that EOG Resources, Inc. will post $0.59 EPS for the current year.

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A number of analysts have weighed in on the stock. Stifel Nicolaus reaffirmed a “buy” rating and set a $111.00 target price on shares of EOG Resources in a research note on Friday, May 26th. Scotiabank reissued a “hold” rating and issued a $109.00 price objective on shares of EOG Resources in a research note on Tuesday, May 16th. Credit Suisse Group set a $108.00 price objective on shares of EOG Resources and gave the stock a “hold” rating in a research note on Friday, June 2nd. Barclays PLC reissued an “overweight” rating and issued a $101.00 price objective (up previously from $94.00) on shares of EOG Resources in a research note on Thursday, August 3rd. Finally, Wells Fargo & Company raised shares of EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Wednesday, May 10th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twenty-three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $108.31.

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.

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

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