First Heartland Consultants Inc. boosted its position in shares of EOG Resources, Inc. (NYSE:EOG) by 49.9% during the second quarter, Holdings Channel reports. The institutional investor owned 3,395 shares of the energy exploration company’s stock after buying an additional 1,130 shares during the period. First Heartland Consultants Inc.’s holdings in EOG Resources were worth $307,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in EOG. IHT Wealth Management LLC raised its position 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 valued at $101,000 after buying an additional 41 shares during the last quarter. Chicago Partners Investment Group LLC raised its position 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 valued at $104,000 after buying an additional 401 shares during the last quarter. Advantage Investment Management LLC raised its position 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 valued at $105,000 after buying an additional 154 shares during the last quarter. Winfield Associates Inc. raised its position in shares of EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock valued at $111,000 after buying an additional 57 shares during the last quarter. Finally, Exane Derivatives raised its position 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 valued at $105,000 after buying an additional 192 shares during the last quarter. Institutional investors and hedge funds own 85.14% of the company’s stock.

Shares of EOG Resources, Inc. (EOG) opened at 88.53 on Friday. The firm’s market cap is $51.12 billion. The firm’s 50-day moving average is $91.31 and its 200 day moving average is $94.17. EOG Resources, Inc. has a 52 week low of $85.88 and a 52 week high of $109.37.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.51 billion. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The company’s revenue was up 47.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.38) EPS. Equities research analysts forecast that EOG Resources, Inc. will post $0.59 EPS for the current year.

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Several brokerages recently commented on EOG. Scotiabank set a $102.00 price objective on shares of EOG Resources and gave the company a “hold” rating in a research report on Friday. Barclays PLC reaffirmed an “overweight” rating and issued a $101.00 price objective (up from $94.00) on shares of EOG Resources in a research report on Wednesday. Zacks Investment Research raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. BMO Capital Markets reaffirmed a “buy” rating and issued a $95.00 price objective on shares of EOG Resources in a research report on Friday, August 4th. Finally, BidaskClub raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. One equities 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 company has an average rating of “Buy” and an average price target of $108.31.

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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