Franklin Street Advisors Inc. NC raised its position in EOG Resources, Inc. (NYSE:EOG) by 2.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 78,508 shares of the energy exploration company’s stock after buying an additional 1,550 shares during the period. Franklin Street Advisors Inc. NC’s holdings in EOG Resources were worth $7,107,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. BlackRock Inc. boosted its position in shares of EOG Resources by 2,098.0% in the first quarter. BlackRock Inc. now owns 35,740,352 shares of the energy exploration company’s stock worth $3,486,473,000 after buying an additional 34,114,299 shares during the last quarter. Jennison Associates LLC raised its position in EOG Resources by 35.3% in the first quarter. Jennison Associates LLC now owns 6,971,347 shares of the energy exploration company’s stock worth $680,055,000 after buying an additional 1,816,980 shares in the last quarter. Janus Capital Management LLC raised its position in EOG Resources by 218.4% in the first quarter. Janus Capital Management LLC now owns 1,176,906 shares of the energy exploration company’s stock worth $114,807,000 after buying an additional 807,243 shares in the last quarter. Point72 Asset Management L.P. raised its position in EOG Resources by 124.6% in the first quarter. Point72 Asset Management L.P. now owns 1,333,534 shares of the energy exploration company’s stock worth $130,086,000 after buying an additional 739,890 shares in the last quarter. Finally, Morgan Stanley raised its position in EOG Resources by 18.3% in the first quarter. Morgan Stanley now owns 3,976,148 shares of the energy exploration company’s stock worth $387,872,000 after buying an additional 614,945 shares in the last quarter. Institutional investors own 85.14% of the company’s stock.

Shares of EOG Resources, Inc. (NYSE EOG) traded down 0.19% during trading on Thursday, reaching $90.18. 731,508 shares of the company were exchanged. EOG Resources, Inc. has a 52-week low of $85.88 and a 52-week high of $109.37. The stock has a 50-day moving average of $91.23 and a 200 day moving average of $94.32. The stock’s market capitalization is $52.07 billion.

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 Zacks’ 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 the consensus estimate of $2.51 billion. During the same period in the prior year, the firm earned ($0.38) earnings per share. The business’s quarterly revenue was up 47.1% compared to the same quarter last year. On average, equities analysts anticipate that EOG Resources, Inc. will post $0.58 earnings per share for the current fiscal year.

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A number of equities analysts have recently weighed in on the stock. Scotiabank reissued a “hold” rating and issued a $100.00 price objective on shares of EOG Resources in a research report on Thursday, August 3rd. BidaskClub raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Barclays PLC reissued 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. BMO Capital Markets reissued a “buy” rating and issued a $95.00 price objective on shares of EOG Resources in a research report on Friday, August 4th. Finally, Zacks Investment Research raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twenty-three have issued a buy rating to the company’s stock. 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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