Broderick Brian C Purchases Shares of 12,150 EOG Resources, Inc. (NYSE:EOG)

Broderick Brian C acquired a new position in EOG Resources, Inc. (NYSE:EOG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,150 shares of the energy exploration company’s stock, valued at approximately $1,101,000.

Other hedge funds have also recently made changes to their positions in the company. IHT Wealth Management LLC boosted 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 worth $101,000 after buying an additional 41 shares during the last quarter. Chicago Partners Investment Group LLC boosted 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 worth $104,000 after buying an additional 401 shares during the last quarter. Advantage Investment Management LLC boosted its stake in 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 worth $105,000 after buying an additional 154 shares in the last quarter. Winfield Associates Inc. boosted its stake in EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock worth $111,000 after buying an additional 57 shares in the last quarter. Finally, Exane Derivatives boosted its stake in EOG Resources by 19.8% in the second quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock worth $105,000 after buying an additional 192 shares in the last quarter. Institutional investors own 83.25% of the company’s stock.

Shares of EOG Resources, Inc. (NYSE EOG) traded up 0.85% on Friday, reaching $84.09. 2,751,653 shares of the company’s stock traded hands. The firm’s market cap is $48.56 billion. The company’s 50-day moving average price is $90.89 and its 200 day moving average price is $93.54. EOG Resources, Inc. has a one year low of $83.29 and a one year high of $109.37.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by $0.02. The firm 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 business’s revenue for the quarter was up 47.1% on a year-over-year basis. During the same period last year, the company earned ($0.38) earnings per share. On average, equities analysts forecast that EOG Resources, Inc. will post $0.61 EPS for the current fiscal year.

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A number of equities research analysts recently weighed in on EOG shares. Raymond James Financial, Inc. raised EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 price target for the company in a report on Wednesday, May 10th. Wells Fargo & Company upgraded EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research report on Wednesday, May 10th. Royal Bank Of Canada set a $115.00 price objective on EOG Resources and gave the company a “hold” rating in a research report on Sunday, July 16th. Barclays PLC increased their price objective on EOG Resources from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Wednesday, May 10th. Finally, Citigroup Inc. lowered EOG Resources from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $112.00 to $98.00 in a research report on Friday, July 21st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $108.54.

In related news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the company’s 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 completion of the transaction, the executive vice president now owns 70,987 shares in the company, valued at $6,262,473.14. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.53% of the stock is currently owned by corporate insiders.

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.

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

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