Cambiar Investors LLC increased its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 6.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 648,960 shares of the energy exploration company’s stock after buying an additional 41,468 shares during the period. Cambiar Investors LLC’s holdings in EOG Resources were worth $58,744,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in 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 valued at $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 valued at $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 valued at $105,000 after buying an additional 154 shares during the last quarter. 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 valued at $111,000 after buying an additional 57 shares during the last quarter. Finally, 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 valued at $105,000 after buying an additional 192 shares during the last quarter. Institutional investors and hedge funds own 83.25% of the company’s stock.

EOG Resources, Inc. (NYSE:EOG) opened at 87.02 on Wednesday. The firm has a 50-day moving average of $91.31 and a 200-day moving average of $93.80. 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 $50.25 billion.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.51 billion. During the same quarter last year, the company posted ($0.38) earnings per share. The company’s revenue was up 47.1% compared to the same quarter last year. Equities analysts expect that EOG Resources, Inc. will post $0.62 earnings per share for the current fiscal year.

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Several research firms recently weighed in on EOG. Scotiabank reiterated a “hold” rating and issued a $100.00 target price on shares of EOG Resources in a research note on Thursday, August 3rd. Barclays PLC reissued an “overweight” rating and issued a $101.00 price target (up previously from $94.00) on shares of EOG Resources in a research report on Wednesday, August 9th. BMO Capital Markets reissued a “buy” rating and issued a $95.00 price target on shares of EOG Resources in a research report on Friday, August 4th. Zacks Investment Research raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. Finally, BidaskClub raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and twenty-three have assigned a buy rating to the company. EOG Resources presently has a consensus rating of “Buy” and a consensus target price of $108.31.

In other EOG Resources news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $88.22, for a total value of $352,880.00. Following the completion of the transaction, the executive vice president now directly owns 70,987 shares in the company, valued at approximately $6,262,473.14. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.53% of the company’s stock.

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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