Traders purchased shares of EOG Resources Inc. (NYSE:EOG) on weakness during trading on Monday. $67.42 million flowed into the stock on the tick-up and $46.26 million flowed out of the stock on the tick-down, for a money net flow of $21.16 million into the stock. Of all companies tracked, EOG Resources had the 20th highest net in-flow for the day. EOG Resources traded down ($3.00) for the day and closed at $78.70

A number of equities analysts recently weighed in on the stock. Goldman Sachs Group Inc. restated a “conviction-buy” rating on shares of EOG Resources in a report on Wednesday, June 8th. Credit Agricole SA assumed coverage on shares of EOG Resources in a report on Wednesday, June 22nd. They issued an “underperform” rating for the company. Tudor Pickering lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a report on Friday, July 15th. Zacks Investment Research upgraded shares of EOG Resources from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a report on Monday, July 18th. Finally, Barclays PLC boosted their price objective 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 research analysts have rated the stock with a sell rating, seventeen have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. EOG Resources has a consensus rating of “Hold” and an average price target of $82.36.

The stock’s market cap is $43.31 billion. The firm has a 50 day moving average price of $82.19 and a 200-day moving average price of $76.44.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Thursday, May 5th. The energy exploration company reported ($0.83) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.84) by $0.01. During the same quarter in the prior year, the business posted $0.03 EPS. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.70 billion. The firm’s quarterly revenue was down 41.6% compared to the same quarter last year. On average, equities research analysts predict that EOG Resources Inc. will post ($1.82) earnings per share for the current fiscal year.

In related news, VP Ann D. Janssen sold 2,819 shares of the firm’s stock in a transaction on Monday, June 6th. The shares were sold at an average price of $80.85, for a total transaction of $227,916.15. Following the sale, the vice president now owns 62,958 shares in the company, valued at $5,090,154.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Lloyd W. Helms, Jr. sold 4,875 shares of the firm’s stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $85.91, for a total transaction of $418,811.25. Following the sale, the executive vice president now owns 58,867 shares in the company, valued at approximately $5,057,263.97. The disclosure for this sale can be found here.

Several hedge funds recently made changes to their positions in the stock. RS Investment Management Co. LLC raised its stake in shares of EOG Resources by 466.4% in the fourth quarter. RS Investment Management Co. LLC now owns 270,691 shares of the energy exploration company’s stock valued at $19,162,000 after buying an additional 222,897 shares during the period. BlackRock Investment Management LLC raised its stake in shares of EOG Resources by 1.2% in the fourth quarter. BlackRock Investment Management LLC now owns 1,845,934 shares of the energy exploration company’s stock valued at $130,674,000 after buying an additional 21,772 shares during the period. KBC Group NV raised its stake in shares of EOG Resources by 8.3% in the fourth quarter. KBC Group NV now owns 226,044 shares of the energy exploration company’s stock valued at $16,002,000 after buying an additional 17,379 shares during the period. State of Tennessee Treasury Department raised its stake in shares of EOG Resources by 1.1% in the fourth quarter. State of Tennessee Treasury Department now owns 495,980 shares of the energy exploration company’s stock valued at $35,110,000 after buying an additional 5,396 shares during the period. Finally, Employees Retirement System of Texas raised its stake in shares of EOG Resources by 12.0% in the fourth quarter. Employees Retirement System of Texas now owns 298,000 shares of the energy exploration company’s stock valued at $21,095,000 after buying an additional 32,000 shares during the period.

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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