Miller Howard Investments Inc. NY lowered its position in shares of EOG Resources, Inc. (NYSE:EOG) by 15.9% during the second quarter, Holdings Channel reports. The fund owned 9,460 shares of the energy exploration company’s stock after selling 1,782 shares during the period. Miller Howard Investments Inc. NY’s holdings in EOG Resources were worth $856,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cullinan Associates Inc. increased its position in shares of EOG Resources by 14.6% in the first quarter. Cullinan Associates Inc. now owns 21,510 shares of the energy exploration company’s stock worth $2,098,000 after buying an additional 2,740 shares during the last quarter. Tompkins Financial Corp increased its position in shares of EOG Resources by 33.9% in the first quarter. Tompkins Financial Corp now owns 2,980 shares of the energy exploration company’s stock worth $216,000 after buying an additional 755 shares during the last quarter. Baldwin Brothers Inc. MA increased its position in shares of EOG Resources by 34.4% in the first quarter. Baldwin Brothers Inc. MA now owns 79,546 shares of the energy exploration company’s stock worth $7,760,000 after buying an additional 20,369 shares during the last quarter. Atria Investments LLC increased its position in shares of EOG Resources by 35.1% in the first quarter. Atria Investments LLC now owns 4,988 shares of the energy exploration company’s stock worth $487,000 after buying an additional 1,296 shares during the last quarter. Finally, Inverness Counsel LLC NY increased its position in shares of EOG Resources by 1.2% in the first quarter. Inverness Counsel LLC NY now owns 201,139 shares of the energy exploration company’s stock worth $19,609,000 after buying an additional 2,305 shares during the last quarter. 85.14% of the stock is currently owned by hedge funds and other institutional investors.

EOG Resources, Inc. (NYSE EOG) traded up 2.5044% during trading on Tuesday, reaching $91.9157. The company’s stock had a trading volume of 1,463,671 shares. EOG Resources, Inc. has a one year low of $79.67 and a one year high of $109.37. The firm’s market capitalization is $53.08 billion. The stock has a 50-day moving average of $90.89 and a 200 day moving average of $94.81.

EOG Resources (NYSE:EOG) last announced its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same period in the previous year, the company earned ($0.38) EPS. EOG Resources’s revenue was up 47.1% compared to the same quarter last year. On average, equities research analysts predict that EOG Resources, Inc. will post $0.61 EPS for the current fiscal year.

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A number of brokerages have recently issued reports on EOG. Zacks Investment Research raised EOG Resources from a “sell” rating to a “hold” rating in a report on Monday, July 31st. BidaskClub raised EOG Resources from a “sell” rating to a “hold” rating in a report on Monday, July 31st. William Blair reaffirmed an “outperform” rating and set a $115.00 price target (down from $125.00) on shares of EOG Resources in a report on Thursday, May 11th. Bank of America Corporation reaffirmed a “neutral” rating and set a $115.00 price target (down from $125.00) on shares of EOG Resources in a report on Thursday, May 11th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $95.00 price target on shares of EOG Resources in a report on Wednesday, May 17th. One 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 stock currently has an average rating of “Buy” and an average price target of $108.23.

EOG Resources Company Profile

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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