Buffington Mohr McNeal increased its stake in EOG Resources, Inc. (NYSE:EOG) by 32.9% during the second quarter, Holdings Channel reports. The institutional investor owned 8,050 shares of the energy exploration company’s stock after buying an additional 1,995 shares during the period. Buffington Mohr McNeal’s holdings in EOG Resources were worth $729,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Boston Advisors LLC bought a new stake in EOG Resources during the first quarter valued at approximately $17,779,000. Bank of The West boosted its stake in EOG Resources by 1.7% in the first quarter. Bank of The West now owns 3,723 shares of the energy exploration company’s stock valued at $363,000 after buying an additional 64 shares in the last quarter. DnB Asset Management AS boosted its stake in EOG Resources by 1.6% in the first quarter. DnB Asset Management AS now owns 114,248 shares of the energy exploration company’s stock valued at $11,145,000 after buying an additional 1,800 shares in the last quarter. Private Wealth Partners LLC boosted its stake in EOG Resources by 7.0% in the first quarter. Private Wealth Partners LLC now owns 24,178 shares of the energy exploration company’s stock valued at $2,359,000 after buying an additional 1,578 shares in the last quarter. Finally, Beese Fulmer Investment Management Inc. boosted its stake in EOG Resources by 2.9% in the first quarter. Beese Fulmer Investment Management Inc. now owns 46,551 shares of the energy exploration company’s stock valued at $4,541,000 after buying an additional 1,317 shares in the last quarter. Institutional investors and hedge funds own 85.14% of the company’s stock.

Shares of EOG Resources, Inc. (NYSE EOG) traded down 0.19% during trading on Thursday, hitting $90.18. The company had a trading volume of 731,508 shares. EOG Resources, Inc. has a 12-month low of $85.88 and a 12-month high of $109.37. The stock’s market capitalization is $52.07 billion. The stock has a 50-day moving average of $91.23 and a 200 day moving average of $94.32.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. The firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.51 billion. EOG Resources had a negative net margin of 2.88% and a negative return on equity of 0.68%. The company’s revenue was up 47.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.38) EPS. On average, analysts predict that EOG Resources, Inc. will post $0.58 EPS for the current fiscal year.

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Several equities analysts recently weighed in on EOG shares. Zacks Investment Research raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. BidaskClub raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. William Blair reaffirmed an “outperform” rating and set a $115.00 price objective (down previously from $125.00) on shares of EOG Resources in a research report on Thursday, May 11th. Bank of America Corporation reaffirmed a “neutral” rating and set a $115.00 price objective (down previously from $125.00) on shares of EOG Resources in a research report on Thursday, May 11th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $95.00 price objective on shares of EOG Resources in a research report on Wednesday, May 17th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and twenty-three have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average 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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