Account Management LLC continued to hold its position in EOG Resources, Inc. (NYSE:EOG) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,700 shares of the energy exploration company’s stock at the end of the second quarter. EOG Resources comprises about 0.3% of Account Management LLC’s portfolio, making the stock its 20th largest holding. Account Management LLC’s holdings in EOG Resources were worth $335,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. IHT Wealth Management LLC boosted its position in EOG Resources by 4.1% during the 1st quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock worth $101,000 after acquiring an additional 41 shares during the last quarter. Chicago Partners Investment Group LLC boosted its position in EOG Resources by 60.0% during the 1st quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock worth $104,000 after acquiring an additional 401 shares during the last quarter. Advantage Investment Management LLC boosted its position in EOG Resources by 16.6% during the 1st quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock worth $105,000 after acquiring an additional 154 shares during the last quarter. Winfield Associates Inc. boosted its position in EOG Resources by 5.3% during the 1st quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock worth $111,000 after acquiring an additional 57 shares during the last quarter. Finally, Exane Derivatives boosted its position in EOG Resources by 19.8% during the 2nd quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock worth $105,000 after acquiring an additional 192 shares during the last quarter. 85.48% of the stock is owned by hedge funds and other institutional investors.

Shares of EOG Resources, Inc. (NYSE:EOG) opened at 91.10 on Thursday. The stock’s 50 day moving average is $88.20 and its 200-day moving average is $91.83. EOG Resources, Inc. has a one year low of $81.99 and a one year high of $109.37. The stock’s market capitalization is $52.61 billion.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.02). EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the prior year, the business earned ($0.38) earnings per share. 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 $0.60 EPS for the current fiscal year.

A number of research firms have weighed in on EOG. Stifel Nicolaus reaffirmed a “buy” rating and set a $111.00 price target on shares of EOG Resources in a research report on Friday, May 26th. Morgan Stanley upgraded EOG Resources from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $97.00 to $106.00 in a research note on Tuesday. Credit Suisse Group set a $108.00 price objective on EOG Resources and gave the stock a “hold” rating in a research note on Friday, June 2nd. Barclays PLC reiterated an “overweight” rating and set a $101.00 price objective (up previously from $94.00) on shares of EOG Resources in a research note on Thursday, August 3rd. Finally, Atlantic Securities upgraded EOG Resources from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $98.00 to $100.00 in a research note on Tuesday, June 27th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-two have issued a buy rating to the company’s stock. EOG Resources presently has a consensus rating of “Buy” and an average price target of $108.38.

In related news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of EOG Resources stock in a transaction on Monday, August 14th. The shares were 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.53% of the stock is owned by company insiders.

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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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