Pillar Pacific Capital Management LLC boosted its position in shares of EOG Resources, Inc. (NYSE:EOG) by 2.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,445 shares of the energy exploration company’s stock after buying an additional 795 shares during the period. Pillar Pacific Capital Management LLC’s holdings in EOG Resources were worth $3,118,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. IHT Wealth Management LLC boosted its stake in shares of 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 in the last quarter. Winfield Associates Inc. boosted its stake in shares of EOG Resources by 1.7% in the second quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock worth $103,000 after buying an additional 19 shares in the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of 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 in the last quarter. Advantage Investment Management LLC boosted its stake in shares of 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 in the last quarter. Finally, Exane Derivatives boosted its stake in shares of 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 in the last quarter. Institutional investors own 83.25% of the company’s stock.

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

EOG Resources (NYSE:EOG) last issued its quarterly 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 firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.51 billion. EOG Resources had a negative net margin of 2.88% and a negative return on equity of 0.68%. The firm’s revenue for the quarter was up 47.1% compared to the same quarter last year. During the same quarter last year, the business posted ($0.38) earnings per share. On average, analysts anticipate that EOG Resources, Inc. will post $0.58 EPS for the current fiscal year.

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A number of equities research analysts have weighed in on EOG shares. BMO Capital Markets reiterated a “buy” rating on shares of EOG Resources in a research note on Tuesday, May 9th. Stifel Nicolaus reiterated a “buy” rating and issued a $111.00 price objective on shares of EOG Resources in a research note 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 research note on Friday, June 2nd. Jefferies Group LLC reiterated a “hold” rating and issued a $95.00 price objective on shares of EOG Resources in a research note on Wednesday, May 17th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $109.00 price objective on shares of EOG Resources in a research note on Tuesday, April 25th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twenty-three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $108.31.

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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