Argent Trust Co Has $459,000 Stake in EOG Resources, Inc. (EOG)

Argent Trust Co cut its position in EOG Resources, Inc. (NYSE:EOG) by 5.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,069 shares of the energy exploration company’s stock after selling 271 shares during the quarter. Argent Trust Co’s holdings in EOG Resources were worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. IHT Wealth Management LLC boosted its stake 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 valued at $101,000 after purchasing an additional 41 shares during the period. Chicago Partners Investment Group LLC boosted its stake 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 valued at $104,000 after purchasing an additional 401 shares during the period. Advantage Investment Management LLC boosted its stake 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 valued at $105,000 after purchasing an additional 154 shares during the period. Winfield Associates Inc. boosted its stake in shares of EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock valued at $111,000 after purchasing an additional 57 shares during the period. Finally, Exane Derivatives boosted its stake 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 valued at $105,000 after purchasing an additional 192 shares during the period. Institutional investors and hedge funds own 85.48% of the company’s stock.

EOG Resources, Inc. (EOG) opened at 86.78 on Monday. The firm’s market cap is $50.11 billion. EOG Resources, Inc. has a 1-year low of $81.99 and a 1-year high of $109.37. The firm’s 50-day moving average is $88.48 and its 200 day moving average is $92.05.

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

ILLEGAL ACTIVITY NOTICE: This report was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this report on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The original version of this report can be read at https://sportsperspectives.com/2017/09/11/argent-trust-co-has-459000-stake-in-eog-resources-inc-eog.html.

In related news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the company’s stock in a transaction dated Monday, August 14th. The shares were 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.53% of the stock is owned by corporate insiders.

EOG has been the topic of a number of research analyst reports. FBR & Co set a $122.00 price objective on shares of EOG Resources and gave the company an “outperform” rating in a research note on Wednesday, May 17th. Stifel Nicolaus reiterated a “buy” rating and set a $111.00 price objective on shares of EOG Resources in a research note on Friday, May 26th. BidaskClub upgraded shares of EOG Resources from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Zacks Investment Research upgraded shares of EOG Resources from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $114.00 price objective on shares of EOG Resources in a research note on Wednesday, May 31st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-one have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $108.48.

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)

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