Private Capital Advisors Inc. reduced its position in EOG Resources, Inc. (NYSE:EOG) by 2.4% during the second quarter, Holdings Channel reports. The fund owned 35,618 shares of the energy exploration company’s stock after selling 858 shares during the period. Private Capital Advisors Inc.’s holdings in EOG Resources were worth $3,224,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. IHT Wealth Management LLC increased its position in 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 during the last quarter. Chicago Partners Investment Group LLC increased its position in 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 during the last quarter. Advantage Investment Management LLC increased its position in 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 during the last quarter. Winfield Associates Inc. increased its position in EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock worth $111,000 after buying an additional 57 shares during the last quarter. Finally, Assetmark Inc. increased its position in EOG Resources by 5.0% in the first quarter. Assetmark Inc. now owns 1,183 shares of the energy exploration company’s stock worth $115,000 after buying an additional 56 shares during the last quarter. Institutional investors own 85.14% of the company’s stock.

Shares of EOG Resources, Inc. (EOG) traded up 2.85% on Tuesday, hitting $92.23. 1,130,173 shares of the company’s stock traded hands. The company’s market cap is $53.26 billion. The firm’s 50-day moving average price is $90.89 and its 200 day moving average price is $94.81. EOG Resources, Inc. has a 1-year low of $79.67 and a 1-year high of $109.37.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. The firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.51 billion. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The business’s revenue for the quarter was up 47.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.38) earnings per share. On average, equities research analysts expect that EOG Resources, Inc. will post $0.61 earnings per share for the current year.

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A number of research analysts have recently issued reports on EOG shares. BMO Capital Markets restated a “buy” rating on shares of EOG Resources in a research report on Tuesday, May 9th. Stifel Nicolaus restated a “buy” rating and issued a $111.00 price target on shares of EOG Resources in a research report on Friday, May 26th. Credit Suisse Group set a $108.00 price target on shares of EOG Resources and gave the stock a “hold” rating in a research report on Friday, June 2nd. Jefferies Group LLC restated a “hold” rating and issued a $95.00 price target on shares of EOG Resources in a research report on Wednesday, May 17th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $109.00 price target on shares of EOG Resources in a research report on Tuesday, April 25th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twenty-three have assigned a buy rating to the company. EOG Resources presently has a consensus rating of “Buy” and a consensus target price 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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