EOG Resources Inc (EOG) : Rothschild Capital Partners added new position in EOG Resources Inc during the most recent quarter end. The investment management firm now holds 27,250 shares of EOG Resources Inc which is valued at $2,174,005 , the company said in a statement filed on Jul 26, 2016 with the SEC.EOG Resources Inc makes up approximately 1.11% of Rothschild Capital Partners’s portfolio.
Other Hedge Funds, Including , Retirement Systems Of Alabama reduced its stake in EOG by selling 730 shares or 0.26% in the most recent quarter. The Hedge Fund company now holds 280,537 shares of EOG which is valued at $22,381,242. EOG Resources Inc makes up approx 0.13% of Retirement Systems Of Alabama’s portfolio.Nordea Investment Management Ab reduced its stake in EOG by selling 18,041 shares or 3.25% in the most recent quarter. The Hedge Fund company now holds 536,396 shares of EOG which is valued at $44,043,476. EOG Resources Inc makes up approx 0.13% of Nordea Investment Management Ab’s portfolio.Cedar Hill Associates reduced its stake in EOG by selling 1,625 shares or 0.85% in the most recent quarter. The Hedge Fund company now holds 189,545 shares of EOG which is valued at $15,779,621. EOG Resources Inc makes up approx 2.63% of Cedar Hill Associates’s portfolio. Arcadia Investment Management Corpmi added EOG to its portfolio by purchasing 15 company shares during the most recent quarter which is valued at $1,249.Dnb Asset Management As boosted its stake in EOG in the latest quarter, The investment management firm added 1,100 additional shares and now holds a total of 97,448 shares of EOG Resources Inc which is valued at $8,043,358. EOG Resources Inc makes up approx 0.17% of Dnb Asset Management As’s portfolio.
EOG Resources Inc opened for trading at $79 and hit $81.89 on the upside on Friday, eventually ending the session at $81.7, with a gain of 2.25% or 1.8 points. The heightened volatility saw the trading volume jump to 28,86,943 shares. Company has a market cap of $44,958 M.
On the company’s financial health, EOG Resources Inc reported $-0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 5, 2016. Analyst had a consensus of $-0.84. The company had revenue of $1354.30 million for the quarter, compared to analysts expectations of $1447.60 million. The company’s revenue was down -41.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS.
Many Wall Street Analysts have commented on EOG Resources Inc. EOG Resources Inc was Downgraded by Tudor Pickering to ” Hold” on Jul 15, 2016. EOG Resources Inc was Initiated by Credit Agricole to “Underperform” on Jun 22, 2016. EOG Resources Inc was Downgraded by KLR Group to ” Accumulate” on May 25, 2016.
EOG Resources Inc. (EOG) is engaged in the exploration development production and marketing of crude oil and natural gas. The Company operates in producing basins in the United States Canada The Republic of Trinidad and Tobago (Trinidad) the United Kingdom The People’s Republic of China (China) and the Argentine Republic (Argentina) among others. As of December 31 2014 EOG’s total estimated net proved reserves were 2497 million barrels of oil equivalent (MMBoe) of which 1140 million barrels (MMBbl) are crude oil and condensate reserves 467 MMBbl are natural gas liquids (NGLs) reserves and 5343 billion cubic feet or 890 MMBoe are natural gas reserves. As of December 31 2014 approximately 97% of the Company’s net proved reserves on a crude oil equivalent basis are located in the United States and 3% in Trinidad. Its operations are focused in the basins in the United States with a focus on crude oil.