Boston Family Office LLC boosted its position in shares of EOG Resources, Inc. (NYSE:EOG) by 4.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,177 shares of the energy exploration company’s stock after buying an additional 1,275 shares during the period. Boston Family Office LLC’s holdings in EOG Resources were worth $3,003,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. BB&T Securities LLC boosted its stake in EOG Resources by 9.1% in the second quarter. BB&T Securities LLC now owns 9,553 shares of the energy exploration company’s stock worth $864,000 after buying an additional 799 shares in the last quarter. Northeast Investment Management boosted its stake in EOG Resources by 48.7% in the second quarter. Northeast Investment Management now owns 24,768 shares of the energy exploration company’s stock worth $2,242,000 after buying an additional 8,114 shares in the last quarter. ZWJ Investment Counsel Inc. boosted its stake in EOG Resources by 1.2% in the second quarter. ZWJ Investment Counsel Inc. now owns 35,266 shares of the energy exploration company’s stock worth $3,192,000 after buying an additional 417 shares in the last quarter. Security National Trust Co. boosted its stake in EOG Resources by 0.7% in the second quarter. Security National Trust Co. now owns 8,029 shares of the energy exploration company’s stock worth $727,000 after buying an additional 55 shares in the last quarter. Finally, Blair William & Co. IL boosted its stake in EOG Resources by 1.5% in the second quarter. Blair William & Co. IL now owns 953,514 shares of the energy exploration company’s stock worth $86,312,000 after buying an additional 14,304 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Shares of EOG Resources, Inc. (EOG) opened at 83.15 on Wednesday. EOG Resources, Inc. has a 52-week low of $81.99 and a 52-week high of $109.37. The firm’s market capitalization is $48.01 billion. The stock has a 50 day moving average of $90.04 and a 200-day moving average of $92.96.

EOG Resources (NYSE:EOG) last announced its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share (EPS) for the quarter, missing the 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%. The business’s quarterly revenue was up 47.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.38) earnings per share. Equities analysts expect that EOG Resources, Inc. will post $0.61 earnings per share for the current fiscal year.

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A number of analysts recently commented on the stock. Jefferies Group LLC restated a “hold” rating and issued a $89.00 price objective (down previously from $101.00) on shares of EOG Resources in a research report on Tuesday. BidaskClub cut shares of EOG Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Scotiabank set a $102.00 price objective on shares of EOG Resources and gave the company a “hold” rating in a research report on Friday, August 11th. Barclays PLC restated an “overweight” rating and issued a $101.00 price objective (up previously from $94.00) on shares of EOG Resources in a research report on Wednesday, August 9th. Finally, Zacks Investment Research upgraded shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $108.08.

In related news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the business’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 transaction of $352,880.00. Following the completion of the sale, the executive vice president now directly owns 70,987 shares in the company, valued at $6,262,473.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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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