Channing Capital Management LLC decreased its position in EOG Resources, Inc. (NYSE:EOG) by 8.1% during the second quarter, Holdings Channel reports. The firm owned 6,248 shares of the energy exploration company’s stock after selling 549 shares during the period. Channing Capital Management LLC’s holdings in EOG Resources were worth $566,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in 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. Exane Derivatives increased 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. 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. 83.25% of the stock is currently owned by institutional investors and hedge funds.

Shares of EOG Resources, Inc. (NYSE EOG) opened at 87.99 on Tuesday. EOG Resources, Inc. has a 12 month low of $85.88 and a 12 month high of $109.37. The company’s market cap is $50.81 billion. The firm’s 50 day moving average is $91.32 and its 200 day moving average is $93.91.

EOG Resources (NYSE:EOG) last released 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. The business 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%. EOG Resources’s revenue was up 47.1% on a year-over-year basis. During the same period in the previous year, the business posted ($0.38) EPS. On average, equities analysts predict that EOG Resources, Inc. will post $0.58 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Channing Capital Management LLC Sells 549 Shares of EOG Resources, Inc. (NYSE:EOG)” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at https://www.watchlistnews.com/channing-capital-management-llc-sells-549-shares-of-eog-resources-inc-nyseeog/1488749.html.

EOG has been the topic of a number of recent research reports. BMO Capital Markets reaffirmed a “buy” rating on shares of EOG Resources in a report on Tuesday, May 9th. Stifel Nicolaus reaffirmed a “buy” rating and set a $111.00 price objective on shares of EOG Resources in a report on Friday, May 26th. Credit Suisse Group set a $108.00 price objective on EOG Resources and gave the company a “hold” rating in a report on Friday, June 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $95.00 price objective on shares of EOG Resources in a report on Wednesday, May 17th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $109.00 price objective on shares of EOG Resources in a report on Tuesday, April 25th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twenty-three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $108.31.

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.

Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources, Inc. (NYSE:EOG).

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

Receive News & Ratings for EOG Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.