EOG Resources Inc (NYSE:EOG) had its target price trimmed by Susquehanna from $91.00 to $84.00 in a report released on Tuesday morning, ARN reports. The firm currently has a positive rating on the energy exploration company’s stock.

A number of other analysts also recently issued reports on EOG. Deutsche Bank cut their price objective on EOG Resources from $92.00 to $83.00 and set a buy rating for the company in a research report on Thursday, January 7th. Argus cut their price objective on EOG Resources from $110.00 to $106.00 and set a buy rating for the company in a research report on Monday, November 2nd. Zacks Investment Research downgraded EOG Resources from a buy rating to a hold rating in a research report on Tuesday, January 12th. RBC Capital raised their target price on EOG Resources from $80.00 to $92.00 and gave the company an outperform rating in a report on Monday, November 9th. Finally, Citigroup Inc. upgraded EOG Resources from a neutral rating to a buy rating and set a $88.00 target price for the company in a report on Tuesday, January 5th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. EOG Resources currently has an average rating of Buy and an average price target of $90.14.

EOG Resources (NYSE:EOG) traded up 3.48% during trading on Tuesday, hitting $71.02. 6,883,204 shares of the stock traded hands. The company’s market cap is $39.04 billion. The company’s 50 day moving average price is $68.52 and its 200 day moving average price is $77.17. EOG Resources has a 12 month low of $57.15 and a 12 month high of $101.36.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, November 5th. The energy exploration company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.32. During the same period in the previous year, the business posted $1.31 earnings per share. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.56 billion. The firm’s revenue for the quarter was down 57.6% compared to the same quarter last year. On average, equities research analysts anticipate that EOG Resources will post $0.04 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 29th. Stockholders of record on Friday, January 15th will be issued a $0.1675 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Wednesday, January 13th.

Other hedge funds and institutional investors recently added to or reduced their stakes in the company. Neuberger Berman Group LLC raised its position in EOG Resources by 12.1% in the fourth quarter. Neuberger Berman Group LLC now owns 4,917,221 shares of the energy exploration company’s stock worth $348,090,000 after buying an additional 532,683 shares during the last quarter. Eagle Asset Management raised its position in shares of EOG Resources by 88.6% in the third quarter. Eagle Asset Management now owns 1,341,464 shares of the energy exploration company’s stock worth $97,658,000 after buying an additional 630,338 shares in the last quarter. California State Teachers Retirement System raised its position in shares of EOG Resources by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 1,046,841 shares of the energy exploration company’s stock worth $74,106,000 after buying an additional 16,543 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in shares of EOG Resources by 4.6% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 968,797 shares of the energy exploration company’s stock worth $68,582,000 after buying an additional 42,820 shares in the last quarter. Finally, Fenimore Asset Management raised its position in shares of EOG Resources by 0.8% in the fourth quarter. Fenimore Asset Management now owns 669,398 shares of the energy exploration company’s stock worth $47,387,000 after buying an additional 5,150 shares in the last quarter.

EOG Resources, Inc. (NYSE: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 2,497 million barrels of oil equivalent (MMBoe), of which 1,140 million barrels (MMBbl) are crude oil and condensate reserves, 467 MMBbl are natural gas liquids (NGLs) reserves and 5,343 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.

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