Davis R M Inc. Sells 26 Shares of EOG Resources, Inc. (EOG)

Davis R M Inc. cut its position in EOG Resources, Inc. (NYSE:EOG) by 0.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,675 shares of the energy exploration company’s stock after selling 26 shares during the period. Davis R M Inc.’s holdings in EOG Resources were worth $333,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of 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. Winfield Associates Inc. boosted its position in shares of EOG Resources by 1.7% in the second 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 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 position in shares of 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 during the last quarter. Finally, Exane Derivatives boosted its position in shares of 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 during the last quarter. 83.25% of the stock is owned by institutional investors and hedge funds.

EOG Resources, Inc. (NYSE EOG) opened at 84.09 on Friday. EOG Resources, Inc. has a 12 month low of $83.29 and a 12 month high of $109.37. The stock’s market cap is $48.56 billion. The stock has a 50 day moving average of $90.89 and a 200-day moving average of $93.54.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.51 billion. EOG Resources had a negative net margin of 2.88% and a negative return on equity of 0.68%. The firm’s revenue was up 47.1% compared to the same quarter last year. During the same period last year, the business earned ($0.38) EPS. On average, equities analysts forecast that EOG Resources, Inc. will post $0.61 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This article was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://sportsperspectives.com/2017/08/20/davis-r-m-inc-sells-26-shares-of-eog-resources-inc-eog.html.

EOG has been the subject of a number of recent research reports. BMO Capital Markets reissued a “buy” rating on shares of EOG Resources in a research note on Tuesday, May 9th. Stifel Nicolaus reissued a “buy” rating and issued a $111.00 price objective on shares of EOG Resources in a research note on Friday, May 26th. Credit Suisse Group set a $108.00 target price on shares of EOG Resources and gave the stock a “hold” rating in a report on Friday, June 2nd. Jefferies Group LLC restated a “hold” rating and issued a $95.00 target price on shares of EOG Resources in a report on Wednesday, May 17th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $109.00 target price on shares of EOG Resources in a report on Tuesday, April 25th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-three have given a buy rating to the stock. EOG Resources presently 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 firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $88.22, for a total value of $352,880.00. Following the sale, the executive vice president now owns 70,987 shares of the company’s stock, valued at $6,262,473.14. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.53% of the stock is owned by company 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)

Receive News & Ratings for EOG Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply