As Eog Res (EOG) Market Valuation Declined, Sterling Investment Management Trimmed Holding; As Conocophillips (COP) Stock Price Rose, Mcrae Capital Management Has Lowered Holding

EOG Resources, Inc. (NYSE:EOG) Logo

Sterling Investment Management Inc decreased its stake in Eog Res Inc (EOG) by 52.16% based on its latest 2018Q4 regulatory filing with the SEC. Sterling Investment Management Inc sold 8,772 shares as the company’s stock declined 6.71% while stock markets rallied. The institutional investor held 8,044 shares of the energy company at the end of 2018Q4, valued at $702,000, down from 16,816 at the end of the previous reported quarter. Sterling Investment Management Inc who had been investing in Eog Res Inc for a number of months, seems to be less bullish one the $59.15B market cap company. The stock decreased 0.14% or $0.14 during the last trading session, reaching $101.98. About 1.66 million shares traded. EOG Resources, Inc. (NYSE:EOG) has declined 4.32% since April 16, 2018 and is downtrending. It has underperformed by 8.69% the S&P500. Some Historical EOG News: 03/05/2018 – EOG Resources 1Q Net $638.6M; 09/05/2018 – EOG Resources at UBS Global Oil & Gas Conference May 23; 29/05/2018 – MFS Value Fund Exits Monsanto, Buys More EOG Re; 03/05/2018 – EOG Resources 1Q EPS $1.10; 27/03/2018 – EOG EOG.N CEO SAYS EXPECTS OILFIELD SERVICE COSTS TO DROP 9 PERCENT THIS YEAR IN PERMIAN, 4 PERCENT IN EAGLE FORD; 25/04/2018 – EXCLUSIVE-EOG RESOURCES SAYS SEEKING TO SELL UK OFFSHORE BUSINESS; 14/05/2018 – VP Donaldson Gifts 914 Of EOG Resources Inc; 03/05/2018 – EOG RESOURCES 1Q ADJ EPS $1.19, EST. $1.01; 03/05/2018 – EOG RESOURCES INC – TARGETS $3 BLN DEBT REDUCTION AND HIGHER DIVIDEND GROWTH RATE; 27/03/2018 – Ernest Scheyder: EOG Resources expects service costs in the Permian to drop 9 percent this year. (That’s because it

Mcrae Capital Management Inc decreased its stake in Conocophillips (COP) by 75.64% based on its latest 2018Q4 regulatory filing with the SEC. Mcrae Capital Management Inc sold 57,978 shares as the company’s stock rose 5.35% with the market. The institutional investor held 18,675 shares of the integrated oil company at the end of 2018Q4, valued at $1.16 million, down from 76,653 at the end of the previous reported quarter. Mcrae Capital Management Inc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $74.83B market cap company. The stock decreased 0.33% or $0.22 during the last trading session, reaching $66.12. About 3.35M shares traded. ConocoPhillips (NYSE:COP) has risen 29.73% since April 16, 2018 and is uptrending. It has outperformed by 25.36% the S&P500. Some Historical COP News: 02/04/2018 – ConocoPhillips Provides Update on Disposition Program and Recent Acreage Additions; 25/04/2018 – ConocoPhillips: International Arbitration Tribunal Rules ConocoPhillips Owed $2.04 B in Its Dispute With PDVSA; 10/05/2018 – VENEZUELA SAYS PDVSA IS “COMMITTED TO HONORING THE DECISIONS STEMMING FROM THE ARBITRATION AWARD” WITH CONOCO; 16/05/2018 – Enough global oil supplies to avoid possible disruptions in Caribbean – U.S; 20/05/2018 – Libyan youth group will shut oilfields unless demands met-statement; 08/05/2018 – VENEZUELA’S PDVSA SUSPENDS STORING, SHIPPING OIL FROM THE CARIBBEAN FOLLOWING CONOCOPHILLIPS’ COP.N COURT ORDERS ON ASSETS -SOURCE, REUTERS DATA; 10/05/2018 – CONOCOPHILLIPS WILL CONTINUE ENFORCING ACTIONS UNTIL IT RECEIVES PAYMENT FROM PDVSA IN RESPONSE TO NATIONALIZATION OF PROJECTS IN VENEZUELA; 06/03/2018 – ConocoPhillips CEO on OPEC Cuts, U.S. Tariffs, Shale Industry (Video); 15/05/2018 – CONOCOPHILLIPS COP.N CEO SAYS ‘CONCERNED’ ABOUT PUTTING CARIBBEAN NATIONS IN THE MIDDLE OF ITS DISPUTE WITH PDVSA PDVSA.UL; 21/03/2018 – U.S. judge to question Big Oil on climate change

More notable recent EOG Resources, Inc. (NYSE:EOG) news were published by: which released: “Benzinga’s Top Upgrades, Downgrades For March 27, 2019 – Benzinga” on March 27, 2019, also with their article: “Eli Lilly, EOG, McDonald’s, Gold Miners ETF: ‘Fast Money’ Picks For March 27 – Benzinga” published on March 27, 2019, Fool.com published: “3 Top Oil Stocks for the Coming Boom in the Eagle Ford Shale – The Motley Fool” on April 13, 2019. More interesting news about EOG Resources, Inc. (NYSE:EOG) were released by: Fool.com and their article: “With Oil Prices Back Around $60 a Barrel, These Oil Stocks Are Cashing In – The Motley Fool” published on March 23, 2019 as well as Seekingalpha.com‘s news article titled: “EOG Resources: Texas Top Producers Indicate Cautious Optimism – Seeking Alpha” with publication date: April 11, 2019.

Investors sentiment decreased to 0.95 in 2018 Q4. Its down 0.28, from 1.23 in 2018Q3. It turned negative, as 90 investors sold EOG shares while 298 reduced holdings. 90 funds opened positions while 278 raised stakes. 495.00 million shares or 3.23% more from 479.51 million shares in 2018Q3 were reported. Cordasco Fincl has invested 0.22% of its portfolio in EOG Resources, Inc. (NYSE:EOG). Reaves W H And Inc holds 0.98% or 305,430 shares. Piedmont Inv Advsrs Incorporated reported 0.06% in EOG Resources, Inc. (NYSE:EOG). E&G Advsr Limited Partnership holds 0.09% or 2,335 shares. King Luther Mngmt Corp invested in 1.83M shares or 1.42% of the stock. Royal Bancorp Of Scotland Plc stated it has 0.06% of its portfolio in EOG Resources, Inc. (NYSE:EOG). Retirement Of Alabama holds 267,103 shares. Blackrock accumulated 34.88M shares. Braun Stacey Associate Inc, New York-based fund reported 152,550 shares. 3,450 are held by S&Co. Pillar Pacific Mngmt holds 0.3% or 26,007 shares. Colorado-based Advsr Asset has invested 0.04% in EOG Resources, Inc. (NYSE:EOG). Royal Natl Bank Of Canada holds 0.21% or 5.12 million shares. Ww Invsts holds 0.74% or 31.26M shares in its portfolio. Natixis holds 0.64% in EOG Resources, Inc. (NYSE:EOG) or 886,399 shares.

Analysts await EOG Resources, Inc. (NYSE:EOG) to report earnings on May, 2. They expect $0.90 earnings per share, down 24.37% or $0.29 from last year’s $1.19 per share. EOG’s profit will be $522.05M for 28.33 P/E if the $0.90 EPS becomes a reality. After $1.24 actual earnings per share reported by EOG Resources, Inc. for the previous quarter, Wall Street now forecasts -27.42% negative EPS growth.

Sterling Investment Management Inc, which manages about $119.63M US Long portfolio, upped its stake in Vanguard Bd Index Fd Inc (BND) by 10,588 shares to 35,911 shares, valued at $2.85M in 2018Q4, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHO) by 28,916 shares in the quarter, for a total of 41,200 shares, and has risen its stake in Bp Plc (NYSE:BP).

Since December 20, 2018, it had 0 buys, and 2 insider sales for $527,530 activity. The insider WISNER FRANK G sold 3,150 shares worth $291,679.

More recent ConocoPhillips (NYSE:COP) news were published by: Fool.com which released: “Better Buy: Albemarle vs. ConocoPhillips – The Motley Fool” on March 23, 2019. Also Foxbusiness.com published the news titled: “Think You Missed the Oil Price Rally? These Oil Stocks Haven’t Yet Rebounded – Fox Business” on April 10, 2019. ‘s news article titled: “Barron’s Picks And Pans: Conoco (NYSE:COP), Foot Locker (NYSE:FL), Open Text (NASDAQ:OTEX), Tilray (NASDAQ:TLRY) And More – Benzinga” with publication date: April 06, 2019 was also an interesting one.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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