EOG Resources Inc (NYSE:EOG) Shares Acquired by First Bank & Trust

First Bank & Trust grew its holdings in EOG Resources Inc (NYSE:EOG) by 9.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,762 shares of the energy exploration company’s stock after buying an additional 248 shares during the quarter. First Bank & Trust’s holdings in EOG Resources were worth $257,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Valeo Financial Advisors LLC raised its holdings in EOG Resources by 76.4% during the first quarter. Valeo Financial Advisors LLC now owns 261 shares of the energy exploration company’s stock worth $25,000 after purchasing an additional 113 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in EOG Resources by 131.1% during the first quarter. Wealthcare Advisory Partners LLC now owns 275 shares of the energy exploration company’s stock worth $26,000 after purchasing an additional 156 shares during the last quarter. Guidant Wealth Advisors raised its holdings in EOG Resources by 50.5% during the first quarter. Guidant Wealth Advisors now owns 301 shares of the energy exploration company’s stock worth $29,000 after purchasing an additional 101 shares during the last quarter. Truvestments Capital LLC acquired a new position in EOG Resources during the second quarter worth $33,000. Finally, Essex Savings Bank raised its holdings in EOG Resources by 87.0% during the first quarter. Essex Savings Bank now owns 430 shares of the energy exploration company’s stock worth $41,000 after purchasing an additional 200 shares during the last quarter. 86.73% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently weighed in on EOG shares. Susquehanna Bancshares raised EOG Resources from a “neutral” rating to a “positive” rating and boosted their price target for the stock from $107.00 to $115.00 in a report on Monday, May 6th. Citigroup started coverage on EOG Resources in a report on Tuesday, April 9th. They issued a “buy” rating for the company. ValuEngine cut EOG Resources from a “hold” rating to a “sell” rating in a report on Friday, April 26th. MKM Partners raised EOG Resources from a “neutral” rating to a “buy” rating and set a $109.00 price target for the company in a report on Tuesday, May 28th. Finally, Goldman Sachs Group raised EOG Resources from a “neutral” rating to a “buy” rating in a report on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-one have issued a buy rating to the stock. EOG Resources currently has a consensus rating of “Buy” and an average price target of $116.71.

Shares of NYSE:EOG opened at $78.28 on Wednesday. The stock has a market capitalization of $47.85 billion, a P/E ratio of 14.13, a P/E/G ratio of 1.43 and a beta of 1.31. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.02. EOG Resources Inc has a 52 week low of $76.87 and a 52 week high of $133.53. The firm has a fifty day simple moving average of $87.95.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $1.31 EPS for the quarter, missing the Zacks’ consensus estimate of $1.33 by ($0.02). The business had revenue of $4.70 billion during the quarter, compared to analysts’ expectations of $4.41 billion. EOG Resources had a net margin of 19.69% and a return on equity of 16.25%. EOG Resources’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.37 EPS. Research analysts forecast that EOG Resources Inc will post 5.25 earnings per share for the current year.

EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

Featured Article: QQQ ETF

Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources Inc (NYSE:EOG).

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

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