OVERSEA CHINESE BANKING Corp Ltd Has $35.37 Million Stake in EOG Resources, Inc. $EOG

OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 5,084.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 272,644 shares of the energy exploration company’s stock after purchasing an additional 267,385 shares during the quarter. EOG Resources comprises about 0.8% of OVERSEA CHINESE BANKING Corp Ltd’s investment portfolio, making the stock its 24th largest position. OVERSEA CHINESE BANKING Corp Ltd’s holdings in EOG Resources were worth $35,370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of EOG. Vanguard Group Inc. boosted its position in shares of EOG Resources by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock worth $5,651,172,000 after purchasing an additional 446,341 shares in the last quarter. BlackRock Inc. acquired a new stake in EOG Resources during the 2nd quarter worth $5,905,587,000. State Street Corp lifted its holdings in EOG Resources by 0.3% during the fourth quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock worth $3,209,365,000 after acquiring an additional 100,080 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in EOG Resources by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock valued at $2,099,028,000 after acquiring an additional 371,548 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of EOG Resources by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 13,046,709 shares of the energy exploration company’s stock worth $1,364,309,000 after acquiring an additional 95,260 shares in the last quarter. 89.91% of the stock is owned by institutional investors.

Trending Headlines about EOG Resources

Here are the key news stories impacting EOG Resources this week:

• Positive Sentiment: Zacks raised its estimates for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, full-year 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, and full-year 2027 EPS to $14.03 from $13.05. The upward revisions suggest stronger expected near-term profitability and are the primary bullish catalyst. EOG Resources analyst estimates
• Positive Sentiment: Zacks also increased estimates for fourth-quarter 2026 EPS to $3.88, fourth-quarter 2027 EPS to $3.33, first-quarter 2028 EPS to $3.50, and full-year 2028 EPS to $13.18. These revisions indicate analysts continue to see support for EOG’s earnings outlook beyond 2026.
• Neutral Sentiment: Zacks maintained a “Hold” rating, tempering the impact of the higher forecasts. The current-year consensus EPS estimate remains $16.43, while the company’s latest reported quarter exceeded expectations and revenue increased sharply year over year.
• Negative Sentiment: Some longer-term estimates were reduced: second-quarter 2027 EPS fell to $3.26 from $3.33, and second-quarter 2028 EPS declined to $3.10 from $3.49. These cuts point to possible moderation in earnings growth later in the forecast period.
• Negative Sentiment: Higher Treasury yields—including the 30-year yield briefly reaching a 19-year high—could pressure income-oriented and valuation-sensitive energy stocks by making bonds more competitive and raising financing costs. Dividend Stocks Lost the Yield War But May Still Beat the Market

EOG Resources Price Performance

Shares of EOG opened at $152.33 on Friday. The stock has a market capitalization of $79.90 billion, a P/E ratio of 11.85, a P/E/G ratio of 0.56 and a beta of 0.25. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $153.67. The company has a 50 day moving average of $138.42 and a 200-day moving average of $134.87. The company has a quick ratio of 1.68, a current ratio of 1.85 and a debt-to-equity ratio of 0.25.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.10. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The firm had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. During the same period in the previous year, the business earned $2.32 EPS. The company’s revenue was up 57.4% compared to the same quarter last year. As a group, equities research analysts forecast that EOG Resources, Inc. will post 16.55 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be issued a $1.02 dividend. The ex-dividend date is Friday, October 16th. This represents a $4.08 annualized dividend and a dividend yield of 2.7%. EOG Resources’s dividend payout ratio (DPR) is presently 31.75%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Morgan Stanley set a $157.00 price objective on EOG Resources and gave the company an “equal weight” rating in a research report on Wednesday. Mizuho set a $157.00 price target on shares of EOG Resources and gave the company a “neutral” rating in a report on Wednesday, May 27th. Stephens dropped their price objective on shares of EOG Resources from $170.00 to $167.00 in a report on Wednesday, May 6th. Zacks Research cut shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, The Goldman Sachs Group lowered their target price on EOG Resources from $139.00 to $129.00 and set a “neutral” rating for the company in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have issued a Hold rating to the company. Based on data from MarketBeat, EOG Resources presently has a consensus rating of “Hold” and an average target price of $155.41.

EOG Resources Company Profile

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.