Bridgewater Associates LP reduced its stake in EOG Resources, Inc. (NYSE:EOG) by 75.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,504 shares of the energy exploration company’s stock after selling 108,261 shares during the period. Bridgewater Associates LP’s holdings in EOG Resources were worth $3,214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of EOG. IHT Wealth Management LLC boosted its stake in shares of EOG Resources by 4.1% in the 1st quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock valued at $101,000 after purchasing an additional 41 shares in the last quarter. Winfield Associates Inc. boosted its stake in shares of EOG Resources by 1.7% in the 2nd quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock valued at $103,000 after purchasing an additional 19 shares in the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of EOG Resources by 60.0% in the 1st quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock valued at $104,000 after purchasing an additional 401 shares in the last quarter. Advantage Investment Management LLC boosted its stake in shares of EOG Resources by 16.6% in the 1st quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock valued at $105,000 after purchasing an additional 154 shares in the last quarter. Finally, Exane Derivatives boosted its stake in shares of EOG Resources by 19.8% in the 2nd quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock valued at $105,000 after purchasing an additional 192 shares in the last quarter. Institutional investors own 85.48% of the company’s stock.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of EOG Resources from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. BidaskClub upgraded shares of EOG Resources from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Citigroup Inc. downgraded shares of EOG Resources from a “buy” rating to a “neutral” rating and cut their target price for the stock from $112.00 to $98.00 in a research report on Friday, July 21st. Scotiabank reiterated a “hold” rating and set a $100.00 target price on shares of EOG Resources in a research report on Thursday, August 3rd. Finally, Royal Bank Of Canada set a $115.00 target price on shares of EOG Resources and gave the stock a “hold” rating in a research report on Sunday, July 16th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-two have given a buy rating to the stock. EOG Resources currently has an average rating of “Buy” and a consensus target price of $108.38.

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

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Shares of EOG Resources, Inc. (NYSE EOG) opened at 93.22 on Friday. The company’s market cap is $53.83 billion. The firm’s 50-day moving average is $87.93 and its 200-day moving average is $91.79. EOG Resources, Inc. has a 52 week low of $81.99 and a 52 week high of $109.37.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results 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 in the previous year, the business earned ($0.38) earnings per share. EOG Resources’s revenue was up 47.1% compared to the same quarter last year. Equities research analysts predict that EOG Resources, Inc. will post $0.60 earnings per share for the current 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.

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

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