Caisse De Depot Et Placement Du Quebec Trimmed Occidental Petroleum (OXY) Position by $7.19 Million; As Eog Resources (EOG) Stock Declined, Page Arthur B Has Upped Its Position by $521,197

May 27, 2018 - By Kurt Siggers

EOG Resources, Inc. (NYSE:EOG) Logo

Caisse De Depot Et Placement Du Quebec decreased its stake in Occidental Petroleum Corp (OXY) by 33.09% based on its latest 2017Q4 regulatory filing with the SEC. Caisse De Depot Et Placement Du Quebec sold 98,524 shares as the company’s stock declined 9.82% with the market. The institutional investor held 199,181 shares of the oil & gas production company at the end of 2017Q4, valued at $14.67 million, down from 297,705 at the end of the previous reported quarter. Caisse De Depot Et Placement Du Quebec who had been investing in Occidental Petroleum Corp for a number of months, seems to be less bullish one the $63.10 billion market cap company. The stock decreased 1.74% or $1.46 during the last trading session, reaching $82.4. About 4.15M shares traded. Occidental Petroleum Corporation (NYSE:OXY) has risen 4.69% since May 27, 2017 and is uptrending. It has underperformed by 6.86% the S&P500.

Page Arthur B increased its stake in Eog Resources (EOG) by 125.54% based on its latest 2017Q4 regulatory filing with the SEC. Page Arthur B bought 4,871 shares as the company’s stock declined 0.73% with the market. The institutional investor held 8,751 shares of the energy company at the end of 2017Q4, valued at $945,000, up from 3,880 at the end of the previous reported quarter. Page Arthur B who had been investing in Eog Resources for a number of months, seems to be bullish on the $68.17 billion market cap company. The stock decreased 1.85% or $2.22 during the last trading session, reaching $117.76. About 3.94 million shares traded. EOG Resources, Inc. (NYSE:EOG) has risen 13.87% since May 27, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Investors sentiment increased to 0.97 in 2017 Q4. Its up 0.15, from 0.82 in 2017Q3. It increased, as 48 investors sold EOG shares while 332 reduced holdings. 112 funds opened positions while 257 raised stakes. 477.30 million shares or 0.36% less from 479.04 million shares in 2017Q3 were reported. Burt Wealth Advisors holds 0.02% in EOG Resources, Inc. (NYSE:EOG) or 282 shares. Buffington Mohr Mcneal holds 7,580 shares or 0.31% of its portfolio. Crestwood Gru Lc has invested 1.35% in EOG Resources, Inc. (NYSE:EOG). Liberty Mutual Grp Inc Asset Management holds 0.07% of its portfolio in EOG Resources, Inc. (NYSE:EOG) for 23,015 shares. Kidder Stephen W holds 0.51% or 13,145 shares in its portfolio. Bw Gestao De Investimentos Ltda stated it has 55,000 shares. Northeast Inv Management invested 0.41% of its portfolio in EOG Resources, Inc. (NYSE:EOG). Tci Wealth Inc accumulated 102 shares. 22,615 are held by Meridian Mgmt. Connor Clark Lunn Investment Mgmt Limited holds 0.03% of its portfolio in EOG Resources, Inc. (NYSE:EOG) for 52,225 shares. Verition Fund Management Ltd Llc has 3,939 shares. Adirondack Trust reported 0.01% in EOG Resources, Inc. (NYSE:EOG). Bridgewater Assoc LP invested in 25,353 shares. Timber Hill Lc invested in 0.26% or 37,370 shares. Wealthtrust invested in 451 shares.

Since January 10, 2018, it had 0 insider purchases, and 8 sales for $15.34 million activity. $4.52M worth of stock was sold by THOMAS GARY L on Wednesday, January 10. Shares for $568,150 were sold by Janssen Ann D.. 10,489 shares were sold by DRIGGERS TIMOTHY K, worth $1.32 million. Another trade for 890 shares valued at $103,071 was sold by WISNER FRANK G. $646,120 worth of EOG Resources, Inc. (NYSE:EOG) was sold by Trice David W.

Among 39 analysts covering EOG Resources (NYSE:EOG), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. EOG Resources had 135 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, March 30 the stock rating was initiated by Cowen & Co with “Market Perform”. The firm earned “Outperform” rating on Tuesday, December 13 by FBR Capital. The stock of EOG Resources, Inc. (NYSE:EOG) earned “Overweight” rating by Atlantic Securities on Tuesday, June 27. The firm has “Buy” rating by Imperial Capital given on Monday, January 8. The firm earned “Neutral” rating on Tuesday, September 8 by Credit Suisse. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, May 29. Argus Research maintained the shares of EOG in report on Thursday, December 10 with “Buy” rating. As per Wednesday, April 18, the company rating was maintained by Piper Jaffray. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, May 10. As per Wednesday, August 30, the company rating was maintained by Robert W. Baird.

More notable recent EOG Resources, Inc. (NYSE:EOG) news were published by: Finance.Yahoo.com which released: “OPEC Sends Oil Prices Crashing” on May 25, 2018, also 247Wallst.com with their article: “Natural Gas Price Ticks Higher on Inventory Rise” published on May 24, 2018, Forbes.com published: “What To Expect From EOG Resources’ First Quarter Results” on May 02, 2018. More interesting news about EOG Resources, Inc. (NYSE:EOG) were released by: Investorplace.com and their article: “10 Small-Cap Oil & Gas Stocks to Watch” published on May 17, 2018 as well as Forbes.com‘s news article titled: “EOG Reports Strong Q1 Results From Higher Crude Oil Prices And A Focus On Premium Drilling Locations” with publication date: May 07, 2018.

Among 22 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. Occidental Petroleum Corporation had 93 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 10 by BMO Capital Markets. The firm has “Outperform” rating by Credit Suisse given on Tuesday, March 14. The rating was maintained by BMO Capital Markets on Wednesday, June 21 with “Hold”. Mizuho maintained the stock with “Hold” rating in Tuesday, November 21 report. The company was maintained on Wednesday, October 11 by Barclays Capital. Jefferies maintained the stock with “Hold” rating in Friday, October 6 report. Jefferies maintained the stock with “Hold” rating in Tuesday, August 29 report. On Tuesday, January 16 the stock rating was maintained by Mizuho with “Hold”. Jefferies maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Monday, April 3. Jefferies has “Hold” rating and $73 target. The company was maintained on Monday, February 26 by BMO Capital Markets.

Caisse De Depot Et Placement Du Quebec, which manages about $43.30B US Long portfolio, upped its stake in Teva Pharmaceutical Industries Ltd (NYSE:TEVA) by 307,700 shares to 328,228 shares, valued at $6.22 million in 2017Q4, according to the filing. It also increased its holding in Shaw Communications Inc (NYSE:SJR) by 1.17 million shares in the quarter, for a total of 9.33 million shares, and has risen its stake in Keycorp (NYSE:KEY).

Analysts await Occidental Petroleum Corporation (NYSE:OXY) to report earnings on August, 1. They expect $1.00 earnings per share, up 566.67% or $0.85 from last year’s $0.15 per share. OXY’s profit will be $765.76 million for 20.60 P/E if the $1.00 EPS becomes a reality. After $0.92 actual earnings per share reported by Occidental Petroleum Corporation for the previous quarter, Wall Street now forecasts 8.70% EPS growth.

Investors sentiment increased to 0.93 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It is positive, as 51 investors sold OXY shares while 352 reduced holdings. 113 funds opened positions while 262 raised stakes. 613.25 million shares or 1.87% more from 602.00 million shares in 2017Q3 were reported. Adell Harriman Carpenter Inc holds 0.3% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY) for 19,347 shares. Mgmt invested in 0.02% or 200 shares. Keybank National Association Oh reported 90,688 shares stake. Silvercrest Asset Mngmt Grp Inc Limited invested in 0% or 3,646 shares. Pittenger Anderson Incorporated accumulated 0.01% or 1,100 shares. Mai Cap Management, a Ohio-based fund reported 93,847 shares. Moreover, Skba Llc has 3.32% invested in Occidental Petroleum Corporation (NYSE:OXY). Calamos Advisors Limited Com stated it has 0.03% in Occidental Petroleum Corporation (NYSE:OXY). The Rhode Island-based Coastline Tru has invested 0.5% in Occidental Petroleum Corporation (NYSE:OXY). Fiduciary Co has invested 0.06% in Occidental Petroleum Corporation (NYSE:OXY). Bluemountain Mngmt holds 0.05% in Occidental Petroleum Corporation (NYSE:OXY) or 34,175 shares. Amg Funds Ltd Liability has invested 0.63% in Occidental Petroleum Corporation (NYSE:OXY). Argent Trust holds 0.19% or 9,497 shares. Oregon Pub Employees Retirement Fund has invested 0.08% in Occidental Petroleum Corporation (NYSE:OXY). Zeke Advsrs Ltd Limited Liability Company holds 23,416 shares or 0.18% of its portfolio.

More news for Occidental Petroleum Corporation (NYSE:OXY) were recently published by: 247Wallst.com, which released: “Short Sellers Up the Ante in Major Oil Stocks” on May 25, 2018. Seekingalpha.com‘s article titled: “The End Of The Iran Nuclear Deal And Your Portfolio” and published on May 27, 2018 is yet another important article.

Occidental Petroleum Corporation (NYSE:OXY) Institutional Positions Chart

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