Beese Fulmer Investment Management Inc. boosted its position in EOG Resources, Inc. (NYSE:EOG) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,165 shares of the energy exploration company’s stock after buying an additional 1,614 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in EOG Resources were worth $4,360,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. IHT Wealth Management LLC increased 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 increased 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 increased 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. Winfield Associates Inc. increased 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. Finally, Assetmark Inc. increased its stake in EOG Resources by 5.0% in the first quarter. Assetmark Inc. now owns 1,183 shares of the energy exploration company’s stock worth $115,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 85.14% of the company’s stock.

EOG Resources, Inc. (NYSE:EOG) traded down 0.91% during mid-day trading on Friday, reaching $88.31. 1,330,176 shares of the company traded hands. The stock has a 50 day moving average price of $91.29 and a 200-day moving average price of $94.28. EOG Resources, Inc. has a 52-week low of $85.88 and a 52-week high of $109.37. The company’s market capitalization is $50.99 billion.

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

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A number of equities research analysts recently issued reports on EOG shares. Royal Bank Of Canada restated a “hold” rating and issued a $109.00 target price on shares of EOG Resources in a report on Tuesday, April 25th. BMO Capital Markets restated a “buy” rating on shares of EOG Resources in a report on Tuesday, May 9th. Wells Fargo & Company upgraded shares of EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 target price for the company in a report on Wednesday, May 10th. Raymond James Financial, Inc. upgraded shares of EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 target price for the company in a report on Wednesday, May 10th. Finally, Barclays PLC boosted their target price on shares of EOG Resources from $111.00 to $113.00 and gave the company an “overweight” rating in a report on Wednesday, May 10th. One equities research 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. EOG Resources presently has a consensus rating of “Buy” and a consensus price target of $108.23.

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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