Other large investors have added to or reduced their stakes in the company. (EOG) is getting weaker by the somewhat negative sentiment (2.4 on a 5-point scale) that brokerage firms have issued concerning it. Analysts, on average, predict EOG Resources, Inc.to earn -$0.3 in earnings per share (EPS) on revenue of $1.61B. EOG plans to achieve these targets while maintaining 2016 capital expenditure (capex) guidance of $2.4-2.6 billion. The company has experienced volume of 4.24M shares while on average the company has a capacity of trading 2.77M shares. EOG Resources Inc makes up approx 0.95% of Thompson Investment Management’s portfolio. As per the latest update, EOG Resources, Inc. LLC raised its stake in EOG Resources by 0.8% in the second quarter. The stock increased 1.51% or $1.19 during the last trading session, hitting $79.89.
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EOG has been the topic of several other reports.
IBD’S TAKE: EOG Resources bounced above sell range Thursday. Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of EOG Resources in a research note on Wednesday, June 8th. Susquehanna downgraded shares of EOG Resources from a “positive” rating to a “neutral” rating in a research report on Wednesday, May 11th.
Out of 19 analysts covering EOG Resources (NYSE:EOG), 10 rate it a “Buy”, 1 “Sell”, while 8 “Hold”.
The buoyancy in the prospect of EOG Resources, Inc. The firm launched coverage on EOG at Underperform. NYSE:EOG Independent Oil & Gas is bought and sold in the stock market, the current market cap indicates the existing public opinion of the net worth of EOG Resources, Inc.
Without ever trading a single share of stock, without buying an option and Without ever touching a mutual friend.
EOG Resources on Thursday reported quarterly results similar to its oil and gas counterparts: The Houston company almost maintained oil production in the face of falling revenue and hundreds of millions of dollars in losses. The stock’s 50 day moving average is $82.18 and its 200-day moving average is $76.66.
EOG Resources, Inc. (NYSE:EOG) can probably post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30.
EOG reported second-quarter 2016 adjusted loss of 38 cents per share, narrower than the Zacks Consensus Estimate of loss of 49 cents.
Total revenue in the quarter plunged more than 28% year over year to $1,775.7 million. The business’s revenue was down 28.1% compared to the same quarter previous year.
A number of analysts have commented on the stock.
Price Momentum: Despite the 2.27% rise in value, the stock’s new closing price reflects a -5.25% fall in price from company’s one year high of $89.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Helms Lloyd W Jr retains 54,160 shares in the stock after this transaction. The shares were sold at an average price of $84.95, for a total transaction of $70,593.45. They now own 503.18 million shares or 5.41% more from 477.34 million shares in 2015Q4. The disclosure for this sale can be found here.
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EOG Resources, Inc. explores for, develops, produces and markets natural gas and crude oil primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other worldwide areas.
