AGF Investments Inc. decreased its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 9.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,453 shares of the energy exploration company’s stock after selling 3,893 shares during the quarter. AGF Investments Inc.’s holdings in EOG Resources were worth $3,483,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Gagnon Securities LLC grew its position in shares of EOG Resources by 0.3% during the 2nd quarter. Gagnon Securities LLC now owns 3,018 shares of the energy exploration company’s stock worth $273,000 after buying an additional 8 shares during the period. Argent Trust Co grew its position in shares of EOG Resources by 0.3% during the 1st quarter. Argent Trust Co now owns 5,340 shares of the energy exploration company’s stock worth $521,000 after buying an additional 15 shares during the period. Guardian Life Insurance Co. of America grew its position in shares of EOG Resources by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 2,223 shares of the energy exploration company’s stock worth $217,000 after buying an additional 15 shares during the period. Winfield Associates Inc. grew its position in shares of EOG Resources by 1.7% during the 2nd quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock worth $103,000 after buying an additional 19 shares during the period. Finally, Bank of The West grew its position in shares of EOG Resources by 0.8% during the 2nd quarter. Bank of The West now owns 3,751 shares of the energy exploration company’s stock worth $339,000 after buying an additional 28 shares during the period. Institutional investors own 85.48% of the company’s stock.

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EOG has been the subject of several analyst reports. Scotiabank reiterated a “hold” rating and set a $109.00 price target on shares of EOG Resources in a research report on Tuesday, May 16th. FBR & Co set a $122.00 price target on shares of EOG Resources and gave the stock an “outperform” rating in a research report on Wednesday, May 17th. Jefferies Group LLC reiterated a “hold” rating and set a $95.00 price target on shares of EOG Resources in a research report on Wednesday, May 17th. Stifel Nicolaus reiterated a “buy” rating and set a $111.00 price target on shares of EOG Resources in a research report on Friday, May 26th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $114.00 price target on shares of EOG Resources in a research report on Wednesday, May 31st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-one have given a buy rating to the stock. EOG Resources currently has a consensus rating of “Buy” and an average target price of $108.48.

In other news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of EOG Resources stock in a transaction on Monday, August 14th. The stock was sold at an average price of $88.22, for a total transaction of $352,880.00. Following the sale, the executive vice president now directly owns 70,987 shares in the company, valued at approximately $6,262,473.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.53% of the stock is currently owned by company insiders.

EOG Resources, Inc. (EOG) opened at 87.93 on Tuesday. The firm has a 50 day moving average of $88.35 and a 200 day moving average of $91.91. The firm’s market capitalization is $50.78 billion. EOG Resources, Inc. has a 12-month low of $81.99 and a 12-month high of $109.37.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the business posted ($0.38) earnings per share. EOG Resources’s revenue was up 47.1% on a year-over-year basis. On average, analysts forecast that EOG Resources, Inc. will post $0.61 EPS for the current fiscal year.

EOG Resources 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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