EOG Resources Inc (EOG) : Kanaly Trust Co scooped up 127 additional shares in EOG Resources Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 329,911 shares of EOG Resources Inc which is valued at $24,977,562.EOG Resources Inc makes up approximately 4.99% of Kanaly Trust Co’s portfolio.
EOG Resources Inc opened for trading at $74.04 and hit $77.68 on the upside on Monday, eventually ending the session at $77.44, with a gain of 2.29% or 1.73 points. The heightened volatility saw the trading volume jump to 35,86,372 shares. Company has a market cap of $42,583 M.
Other Hedge Funds, Including , Benjamin F. Edwards Company reduced its stake in EOG by selling 46 shares or 3.47% in the most recent quarter. The Hedge Fund company now holds 1,278 shares of EOG which is valued at $96,757. EOG Resources Inc makes up approx 0.02% of Benjamin F. Edwards Company’s portfolio.Gofen Glossberg Il boosted its stake in EOG in the latest quarter, The investment management firm added 153 additional shares and now holds a total of 8,229 shares of EOG Resources Inc which is valued at $623,018. EOG Resources Inc makes up approx 0.03% of Gofen Glossberg Il’s portfolio.Central Trust Co reduced its stake in EOG by selling 2,392 shares or 11.33% in the most recent quarter. The Hedge Fund company now holds 18,728 shares of EOG which is valued at $1,417,897. EOG Resources Inc makes up approx 0.11% of Central Trust Co’s portfolio.Chevy Chase Trust Holdings boosted its stake in EOG in the latest quarter, The investment management firm added 122,122 additional shares and now holds a total of 689,563 shares of EOG Resources Inc which is valued at $51,034,558. EOG Resources Inc makes up approx 0.29% of Chevy Chase Trust Holdings’s portfolio.
On the company’s financial health, EOG Resources Inc reported $-0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $-0.31. The company had revenue of $1796.80 million for the quarter, compared to analysts expectations of $2107.28 million. The company’s revenue was down -61.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.79 EPS.
Many Wall Street Analysts have commented on EOG Resources Inc. EOG Resources Inc was Downgraded by Stifel to ” Hold” on Apr 6, 2016. Company shares were Reiterated by Deutsche Bank on Mar 29, 2016 to “Buy”, Firm has raised the Price Target to $ 85 from a previous price target of $83 .RBC Capital Mkts Resumed EOG Resources Inc on Mar 18, 2016 to “Sector Perform”, Price Target of the shares are set at $80.
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.