Parkwood LLC decreased its stake in EOG Resources, Inc. (NYSE:EOG) by 4.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 10,692 shares of the energy exploration company’s stock after selling 510 shares during the period. Parkwood LLC’s holdings in EOG Resources were worth $968,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Gagnon Securities LLC boosted its stake in EOG Resources by 0.3% in the second quarter. Gagnon Securities LLC now owns 3,018 shares of the energy exploration company’s stock valued at $273,000 after buying an additional 8 shares during the period. Argent Trust Co boosted its stake in EOG Resources by 0.3% in the first quarter. Argent Trust Co now owns 5,340 shares of the energy exploration company’s stock valued at $521,000 after buying an additional 15 shares during the period. Guardian Life Insurance Co. of America boosted its stake in EOG Resources by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 2,223 shares of the energy exploration company’s stock valued at $217,000 after buying an additional 15 shares during the period. Capital Advisors Inc. OK boosted its stake in EOG Resources by 0.3% in the first quarter. Capital Advisors Inc. OK now owns 5,943 shares of the energy exploration company’s stock valued at $580,000 after buying an additional 16 shares during the period. Finally, Dubuque Bank & Trust Co. boosted its stake in EOG Resources by 2.2% in the first quarter. Dubuque Bank & Trust Co. now owns 1,278 shares of the energy exploration company’s stock valued at $125,000 after buying an additional 27 shares during the period. Institutional investors own 85.14% of the company’s stock.

Shares of EOG Resources, Inc. (NYSE EOG) traded down 0.66% during mid-day trading on Friday, hitting $88.53. 2,874,157 shares of the stock traded hands. The company’s 50-day moving average price is $91.31 and its 200 day moving average price is $94.17. EOG Resources, Inc. has a 1-year low of $85.88 and a 1-year high of $109.37. The company’s market capitalization is $51.12 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 Zacks’ consensus estimate of $0.10 by $0.02. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.51 billion. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The business’s revenue for the quarter was up 47.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.38) EPS. Equities research analysts forecast that EOG Resources, Inc. will post $0.59 EPS for the current fiscal year.

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Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company upgraded shares of EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research report on Wednesday, May 10th. BMO Capital Markets reiterated a “buy” rating on shares of EOG Resources in a research report on Tuesday, May 9th. Royal Bank Of Canada reiterated a “hold” rating and set a $109.00 price objective on shares of EOG Resources in a research report on Tuesday, April 25th. Scotiabank set a $100.00 price objective on shares of EOG Resources and gave the stock a “hold” rating in a research report on Saturday, July 1st. Finally, Jefferies Group LLC reiterated 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 assigned a hold rating and twenty-three have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $108.23.

About EOG Resources

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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