CNA Financial Corp continued to hold its position in EOG Resources, Inc. (NYSE:EOG) during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,000 shares of the energy exploration company’s stock at the end of the 2nd quarter. CNA Financial Corp’s holdings in EOG Resources were worth $3,440,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in EOG. BlackRock Inc. increased its holdings in EOG Resources by 2,098.0% in the first quarter. BlackRock Inc. now owns 35,740,352 shares of the energy exploration company’s stock valued at $3,486,473,000 after purchasing an additional 34,114,299 shares during the last quarter. Harbour Capital Advisors LLC increased its holdings in EOG Resources by 9,208.1% in the second quarter. Harbour Capital Advisors LLC now owns 937,697 shares of the energy exploration company’s stock valued at $10,359,000 after purchasing an additional 927,623 shares during the last quarter. Janus Capital Management LLC increased its holdings in EOG Resources by 218.4% in the first quarter. Janus Capital Management LLC now owns 1,176,906 shares of the energy exploration company’s stock valued at $114,807,000 after purchasing an additional 807,243 shares during the last quarter. Point72 Asset Management L.P. increased its holdings in EOG Resources by 124.6% in the first quarter. Point72 Asset Management L.P. now owns 1,333,534 shares of the energy exploration company’s stock valued at $130,086,000 after purchasing an additional 739,890 shares during the last quarter. Finally, Pioneer Investment Management Inc. increased its holdings in EOG Resources by 29.1% in the second quarter. Pioneer Investment Management Inc. now owns 2,800,310 shares of the energy exploration company’s stock valued at $253,484,000 after purchasing an additional 630,584 shares during the last quarter. Institutional investors own 85.48% of the company’s stock.

EOG has been the subject of a number of recent analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of EOG Resources in a report on Friday, July 7th. Stifel Nicolaus reiterated a “buy” rating and issued a $111.00 price objective on shares of EOG Resources in a report on Friday, July 14th. Barclays PLC reiterated an “overweight” rating and issued a $101.00 price objective (up previously from $94.00) on shares of EOG Resources in a report on Wednesday, August 9th. ValuEngine upgraded EOG Resources from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Citigroup Inc. downgraded EOG Resources from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $112.00 to $98.00 in a report on Friday, July 21st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-two have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $108.38.

Shares of EOG Resources, Inc. (EOG) opened at 91.86 on Friday. The firm has a 50-day moving average price of $88.01 and a 200 day moving average price of $91.82. EOG Resources, Inc. has a 1-year low of $81.99 and a 1-year high of $109.37. The company’s market cap is $53.04 billion.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing the Zacks’ 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 the consensus estimate of $2.51 billion. During the same quarter last year, the business earned ($0.38) EPS. EOG Resources’s revenue was up 47.1% on a year-over-year basis. On average, analysts predict that EOG Resources, Inc. will post $0.60 EPS for the current fiscal year.

In other EOG Resources news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the firm’s 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 transaction, the executive vice president now owns 70,987 shares in the company, valued at approximately $6,262,473.14. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.53% of the stock is owned by company insiders.

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About EOG Resources

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.

Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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