Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 327 Shares of EOG Resources, Inc. (EOG)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its position in EOG Resources, Inc. (NYSE:EOG) by 0.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,429 shares of the energy exploration company’s stock after selling 327 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in EOG Resources were worth $6,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in EOG. BlackRock Inc. increased its position in EOG Resources by 2,098.0% during the 1st quarter. BlackRock Inc. now owns 35,740,352 shares of the energy exploration company’s stock valued at $3,486,473,000 after purchasing an additional 34,114,299 shares during the period. Harbour Capital Advisors LLC increased its position in EOG Resources by 9,208.1% during the 2nd quarter. Harbour Capital Advisors LLC now owns 937,697 shares of the energy exploration company’s stock valued at $10,359,000 after purchasing an additional 927,623 shares during the period. Janus Capital Management LLC increased its position in EOG Resources by 218.4% during the 1st quarter. Janus Capital Management LLC now owns 1,176,906 shares of the energy exploration company’s stock valued at $114,807,000 after purchasing an additional 807,243 shares during the period. Point72 Asset Management L.P. increased its position in EOG Resources by 124.6% during the 1st quarter. Point72 Asset Management L.P. now owns 1,333,534 shares of the energy exploration company’s stock valued at $130,086,000 after purchasing an additional 739,890 shares during the period. Finally, Pioneer Investment Management Inc. increased its position in EOG Resources by 29.1% during the 2nd quarter. Pioneer Investment Management Inc. now owns 2,800,310 shares of the energy exploration company’s stock valued at $253,484,000 after purchasing an additional 630,584 shares during the period. 85.47% of the stock is owned by institutional investors.

A number of analysts have weighed in on the stock. Scotiabank set a $100.00 target price on shares of EOG Resources and gave the company a “hold” rating in a research report on Saturday, July 1st. Jefferies Group LLC reissued a “hold” rating and set a $101.00 target price on shares of EOG Resources in a research report on Wednesday, August 16th. Stifel Nicolaus reissued a “buy” rating and set a $111.00 target price on shares of EOG Resources in a research report on Friday, July 14th. Zacks Investment Research downgraded shares of EOG Resources from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of EOG Resources in a research report on Friday, July 7th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-one have assigned a buy rating to the stock. EOG Resources currently has an average rating of “Buy” and an average target price of $108.48.

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EOG Resources, Inc. (EOG) opened at 86.78 on Friday. EOG Resources, Inc. has a 52 week low of $81.99 and a 52 week high of $109.37. The company’s market capitalization is $50.11 billion. The firm’s 50-day moving average price is $88.48 and its 200 day moving average price is $92.05.

EOG Resources (NYSE:EOG) last released its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by $0.02. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the prior year, the company posted ($0.38) earnings per share. The company’s revenue was up 47.1% on a year-over-year basis. Equities research analysts expect that EOG Resources, Inc. will post $0.61 earnings per share for the current fiscal year.

In other news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $88.22, for a total value of $352,880.00. Following the sale, the executive vice president now directly owns 70,987 shares of the company’s stock, valued at $6,262,473.14. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.53% of the company’s stock.

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)

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