Center Coast Capital Advisors LP Maintains Holding in Nustar Energy LP (NS); Coldstream Capital Management Lowered Eog Res (EOG) Position as Share Price Declined

May 19, 2018 - By Nellie Frank

EOG Resources, Inc. (NYSE:EOG) Logo

Center Coast Capital Advisors Lp increased its stake in Nustar Energy Lp (NS) by 6.59% based on its latest 2017Q4 regulatory filing with the SEC. Center Coast Capital Advisors Lp bought 306,958 shares as the company’s stock declined 33.76% with the market. The hedge fund held 4.96M shares of the natural gas distribution company at the end of 2017Q4, valued at $148.68M, up from 4.66 million at the end of the previous reported quarter. Center Coast Capital Advisors Lp who had been investing in Nustar Energy Lp for a number of months, seems to be bullish on the $2.12B market cap company. The stock increased 0.53% or $0.12 during the last trading session, reaching $22.77. About 425,647 shares traded. NuStar Energy L.P. (NYSE:NS) has declined 60.56% since May 19, 2017 and is downtrending. It has underperformed by 72.11% the S&P500.

Coldstream Capital Management Inc decreased its stake in Eog Res Inc (EOG) by 90.19% based on its latest 2017Q4 regulatory filing with the SEC. Coldstream Capital Management Inc sold 21,161 shares as the company’s stock declined 0.73% with the market. The hedge fund held 2,302 shares of the energy company at the end of 2017Q4, valued at $248,000, down from 23,463 at the end of the previous reported quarter. Coldstream Capital Management Inc who had been investing in Eog Res Inc for a number of months, seems to be less bullish one the $72.82B market cap company. The stock decreased 0.29% or $0.36 during the last trading session, reaching $125.79. About 4.06M shares traded or 0.13% up from the average. EOG Resources, Inc. (NYSE:EOG) has risen 13.87% since May 19, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

More notable recent NuStar Energy L.P. (NYSE:NS) news were published by: Seekingalpha.com which released: “Valero inks long-term refined products supply deal for northern Mexico” on May 16, 2018, also Bizjournals.com with their article: “Three Valero refineries to supply fuels to growing Mexico market” published on May 15, 2018, Seekingalpha.com published: “Q1 Distribution Recap” on May 16, 2018. More interesting news about NuStar Energy L.P. (NYSE:NS) were released by: Businesswire.com and their article: “NuStar to Participate in the 2018 MLP & Energy Infrastructure Conference” published on May 18, 2018 as well as Foxbusiness.com‘s news article titled: “Energy Transfer Equity LP Provides a Glimpse at What’s Going on Behind the Scenes” with publication date: May 16, 2018.

Investors sentiment decreased to 0.9 in Q4 2017. Its down 0.15, from 1.05 in 2017Q3. It dropped, as 29 investors sold NS shares while 42 reduced holdings. 25 funds opened positions while 39 raised stakes. 54.44 million shares or 6.09% more from 51.31 million shares in 2017Q3 were reported. Two Sigma Ltd reported 12,467 shares. City Co holds 0.01% of its portfolio in NuStar Energy L.P. (NYSE:NS) for 800 shares. Regions Fincl holds 0% or 6,400 shares. Oxbow Advisors Ltd accumulated 0.04% or 7,748 shares. Riverpoint Mgmt Ltd Limited Liability Company reported 9,820 shares stake. Morgan Stanley stated it has 0.02% of its portfolio in NuStar Energy L.P. (NYSE:NS). Oppenheimer & Co Inc reported 19,131 shares stake. Assetmark owns 250 shares or 0% of their US portfolio. Wells Fargo Mn invested in 0% or 156,759 shares. Susquehanna International Grp Llp reported 41,193 shares. Kistler has invested 0% of its portfolio in NuStar Energy L.P. (NYSE:NS). Creative Planning has 0.01% invested in NuStar Energy L.P. (NYSE:NS) for 55,305 shares. First Manhattan stated it has 0% of its portfolio in NuStar Energy L.P. (NYSE:NS). Prudential Public Ltd Com reported 0.01% stake. Us State Bank De accumulated 7,746 shares.

Center Coast Capital Advisors Lp, which manages about $3.24B and $3.72B US Long portfolio, decreased its stake in Magellan Midstream Partners (NYSE:MMP) by 211,990 shares to 1.95 million shares, valued at $138.45 million in 2017Q4, according to the filing. It also reduced its holding in Western Gas Equity Partners (NYSE:WGP) by 110,856 shares in the quarter, leaving it with 753,621 shares, and cut its stake in Crestwood Equity Partners Lp.

Among 15 analysts covering Nustar Energy LP (NYSE:NS), 3 have Buy rating, 0 Sell and 12 Hold. Therefore 20% are positive. Nustar Energy LP had 51 analyst reports since July 28, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Hold” rating in Sunday, December 3 report. U.S. Capital Advisors downgraded the stock to “Hold” rating in Thursday, January 4 report. The firm has “Neutral” rating by JP Morgan given on Monday, May 16. As per Friday, February 3, the company rating was downgraded by Citigroup. Stifel Nicolaus maintained NuStar Energy L.P. (NYSE:NS) rating on Wednesday, November 8. Stifel Nicolaus has “Hold” rating and $35 target. The firm has “Hold” rating given on Wednesday, November 4 by Stifel Nicolaus. The company was maintained on Tuesday, October 10 by Citigroup. On Friday, April 1 the stock rating was reinitiated by Piper Jaffray with “Neutral”. The stock of NuStar Energy L.P. (NYSE:NS) earned “Neutral” rating by JP Morgan on Tuesday, February 13. The firm has “Hold” rating given on Thursday, August 31 by Stifel Nicolaus.

Since January 10, 2018, it had 0 insider purchases, and 5 insider sales for $7.59 million activity. The insider Trice David W sold 5,570 shares worth $646,120. The insider WISNER FRANK G sold $103,071. Shares for $568,150 were sold by Janssen Ann D. on Wednesday, May 9. Donaldson Michael P had sold 15,322 shares worth $1.75M.

Analysts await EOG Resources, Inc. (NYSE:EOG) to report earnings on August, 7. They expect $1.13 earnings per share, up 1,312.50% or $1.05 from last year’s $0.08 per share. EOG’s profit will be $654.11 million for 27.83 P/E if the $1.13 EPS becomes a reality. After $1.19 actual earnings per share reported by EOG Resources, Inc. for the previous quarter, Wall Street now forecasts -5.04% negative EPS growth.

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. Argus Research maintained EOG Resources, Inc. (NYSE:EOG) rating on Monday, November 2. Argus Research has “Buy” rating and $106 target. Credit Agricole upgraded the stock to “Outperform” rating in Monday, August 10 report. The firm has “Overweight” rating by Barclays Capital given on Monday, November 9. RBC Capital Markets maintained the shares of EOG in report on Wednesday, April 26 with “Hold” rating. RBC Capital Markets maintained EOG Resources, Inc. (NYSE:EOG) on Tuesday, November 8 with “Sector Perform” rating. The company was maintained on Thursday, September 1 by Barclays Capital. RBC Capital Markets maintained it with “Hold” rating and $107.0 target in Tuesday, October 10 report. On Tuesday, September 8 the stock rating was downgraded by Credit Suisse to “Neutral”. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, March 29. RBC Capital Markets maintained EOG Resources, Inc. (NYSE:EOG) rating on Wednesday, September 7. RBC Capital Markets has “Sector Perform” rating and $98 target.

More important recent EOG Resources, Inc. (NYSE:EOG) news were published by: Fool.com which released: “5 Reasons EOG Resources Inc’s CEO Believes His Company Is the Best in the Business” on May 16, 2018, also Investorplace.com published article titled: “10 Small-Cap Oil & Gas Stocks to Watch”, Benzinga.com published: “AMD, Alibaba, EOG, Golar: ‘Fast Money’ Picks For May 18” on May 18, 2018. More interesting news about EOG Resources, Inc. (NYSE:EOG) was released by: Seekingalpha.com and their article: “EOG Resources: A Journey Through Success” with publication date: May 09, 2018.

Investors sentiment increased to 0.97 in 2017 Q4. Its up 0.15, from 0.82 in 2017Q3. It is positive, 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. Grp One Trading Lp invested in 0.01% or 16,884 shares. Gideon Cap stated it has 0.37% of its portfolio in EOG Resources, Inc. (NYSE:EOG). Pittenger Anderson accumulated 0.15% or 15,625 shares. State Of Alaska Department Of Revenue accumulated 83,789 shares or 0.22% of the stock. Wealthtrust holds 451 shares. Finemark National Bank & Trust reported 20,220 shares. Salem Cap Mgmt holds 0.41% of its portfolio in EOG Resources, Inc. (NYSE:EOG) for 7,550 shares. The Texas-based Fayez Sarofim Company has invested 0.05% in EOG Resources, Inc. (NYSE:EOG). Balyasny Asset Management Ltd Liability Corp reported 18,440 shares. Essex Invest Co Limited Co invested 0.82% in EOG Resources, Inc. (NYSE:EOG). Gulf Int Bancorp (Uk) Ltd invested in 181,850 shares or 0.25% of the stock. Roosevelt holds 120,661 shares or 1.19% of its portfolio. Verition Fund Management Limited Liability Com accumulated 3,939 shares. Telemus Cap Llc reported 0.21% of its portfolio in EOG Resources, Inc. (NYSE:EOG). Lenox Wealth reported 433 shares or 0.01% of all its holdings.

NuStar Energy L.P. (NYSE:NS) Institutional Positions Chart

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