Green Square Capital LLC increased its position in EOG Resources Inc. (NYSE:EOG) by 0.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,702 shares of the energy exploration company’s stock after buying an additional 1 shares during the period. Green Square Capital LLC’s holdings in EOG Resources were worth $392,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of EOG. Capstone Asset Management Co. boosted its position in shares of EOG Resources by 0.7% in the first quarter. Capstone Asset Management Co. now owns 46,599 shares of the energy exploration company’s stock valued at $3,382,000 after buying an additional 340 shares during the period. Raymond James Trust N.A. boosted its position in shares of EOG Resources by 12.5% in the first quarter. Raymond James Trust N.A. now owns 13,855 shares of the energy exploration company’s stock valued at $1,005,000 after buying an additional 1,534 shares during the period. OLD National Bancorp IN boosted its position in shares of EOG Resources by 1.1% in the first quarter. OLD National Bancorp IN now owns 23,133 shares of the energy exploration company’s stock valued at $1,679,000 after buying an additional 246 shares during the period. IMS Capital Management boosted its position in shares of EOG Resources by 2.5% in the first quarter. IMS Capital Management now owns 10,506 shares of the energy exploration company’s stock valued at $763,000 after buying an additional 252 shares during the period. Finally, Hills Bank & Trust Co. boosted its position in shares of EOG Resources by 13.5% in the first quarter. Hills Bank & Trust Co. now owns 18,626 shares of the energy exploration company’s stock valued at $1,352,000 after buying an additional 2,215 shares during the period. 89.43% of the stock is owned by institutional investors and hedge funds.
Shares of EOG Resources Inc. (NYSE:EOG) traded down 0.97% during midday trading on Thursday, reaching $92.61. 3,047,683 shares of the company traded hands. EOG Resources Inc. has a 12 month low of $57.15 and a 12 month high of $95.93. The stock’s market capitalization is $51.00 billion. The company’s 50 day moving average is $90.83 and its 200-day moving average is $82.36.
EOG Resources (NYSE:EOG) last released its quarterly earnings results on Friday, August 5th. The energy exploration company reported ($0.38) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.48) by $0.10. EOG Resources had a negative net margin of 72.18% and a negative return on equity of 6.32%. The company had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the company earned $0.28 EPS. The firm’s revenue for the quarter was down 28.1% compared to the same quarter last year. Equities research analysts forecast that EOG Resources Inc. will post ($1.67) earnings per share for the current fiscal year.
EOG has been the subject of several recent research reports. KLR Group cut shares of EOG Resources from a “buy” rating to an “accumulate” rating and set a $90.00 target price for the company. in a report on Wednesday, May 25th. Credit Suisse Group AG reissued a “hold” rating on shares of EOG Resources in a report on Thursday, June 2nd. Goldman Sachs Group Inc. reissued a “conviction-buy” rating on shares of EOG Resources in a report on Wednesday, June 8th. Credit Agricole SA initiated coverage on shares of EOG Resources in a report on Wednesday, June 22nd. They set an “underperform” rating for the company. Finally, Barclays PLC raised their target price on shares of EOG Resources from $83.00 to $84.00 and gave the stock an “overweight” rating in a report on Thursday, July 14th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $91.96.
In other EOG Resources news, EVP Lloyd W. Helms, Jr. sold 4,875 shares of the firm’s stock in a transaction dated Friday, July 8th. The shares were sold at an average price of $81.82, for a total transaction of $398,872.50. Following the sale, the executive vice president now directly owns 59,032 shares of the company’s stock, valued at approximately $4,829,998.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank G. Wisner sold 2,026 shares of the firm’s stock in a transaction dated Monday, September 12th. The stock was sold at an average price of $92.65, for a total transaction of $187,708.90. Following the sale, the director now directly owns 113,125 shares in the company, valued at $10,481,031.25. The disclosure for this sale can be found here. Company insiders own 0.52% of the company’s stock.
About EOG Resources
EOG Resources, Inc (EOG) explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other international areas.
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