EOG Resources, Inc. $EOG Shares Sold by LSV Asset Management

LSV Asset Management cut its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 5.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 676,550 shares of the energy exploration company’s stock after selling 36,800 shares during the period. LSV Asset Management’s holdings in EOG Resources were worth $71,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. RD Lewis Holdings Inc. lifted its position in EOG Resources by 6.3% during the fourth quarter. RD Lewis Holdings Inc. now owns 21,681 shares of the energy exploration company’s stock valued at $2,394,000 after purchasing an additional 1,280 shares during the period. Cadence Wealth Management LLC acquired a new position in EOG Resources during the fourth quarter valued at $518,000. Insight Inv LLC lifted its position in EOG Resources by 25.6% during the fourth quarter. Insight Inv LLC now owns 21,740 shares of the energy exploration company’s stock valued at $2,283,000 after purchasing an additional 4,425 shares during the period. Axxcess Wealth Management LLC lifted its position in EOG Resources by 15.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 24,996 shares of the energy exploration company’s stock valued at $2,625,000 after purchasing an additional 3,330 shares during the period. Finally, Orca Wealth Management LLC increased its holdings in EOG Resources by 5.7% in the fourth quarter. Orca Wealth Management LLC now owns 11,999 shares of the energy exploration company’s stock valued at $1,322,000 after buying an additional 651 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EOG has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of EOG Resources from $145.00 to $148.00 in a report on Thursday, May 7th. Morgan Stanley lifted their price objective on shares of EOG Resources from $155.00 to $160.00 and gave the company an “equal weight” rating in a report on Thursday. Truist Financial lifted their price objective on shares of EOG Resources from $146.00 to $149.00 and gave the company a “hold” rating in a report on Friday, May 8th. Wolfe Research lifted their price objective on shares of EOG Resources from $152.00 to $154.00 and gave the company an “outperform” rating in a report on Monday, April 6th. Finally, Wall Street Zen raised shares of EOG Resources from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, EOG Resources presently has an average rating of “Moderate Buy” and a consensus price target of $155.64.

Key EOG Resources News

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

• Positive Sentiment: EOG expanded its share repurchase authorization to $20 billion, signaling aggressive capital returns and confidence in future cash generation.
• Positive Sentiment: The company has been highlighted for record free cash flow and its plan to return at least 70% of free cash flow to shareholders through dividends and buybacks.
• Positive Sentiment: Zacks Research upgraded EOG to Strong Buy and raised multiple earnings estimates for 2026-2028, suggesting improving profit expectations.
• Positive Sentiment: Morgan Stanley raised its price target on EOG to $160 from $155, while maintaining an equal-weight rating, reflecting slightly improved valuation expectations.
• Positive Sentiment: EOG was also added to Zacks’ Strong Buy and best income stocks lists, adding to the bullish tone around the name.
• Neutral Sentiment: Analysts continue to describe EOG as a disciplined, cash-focused oil and gas producer with ongoing international expansion and acquisitions, which supports the long-term outlook but is not an immediate catalyst.

EOG Resources Stock Up 1.0%

EOG opened at $141.43 on Friday. The stock has a market capitalization of $75.33 billion, a price-to-earnings ratio of 13.92 and a beta of 0.27. The company has a fifty day moving average of $137.91 and a two-hundred day moving average of $120.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87.

EOG Resources (NYSE:EOG) last released its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.18. The business had revenue of $6.92 billion during the quarter, compared to analysts’ expectations of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The company’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.87 earnings per share. On average, research analysts expect that EOG Resources, Inc. will post 15.67 earnings per share for the current year.

EOG Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s payout ratio is currently 40.16%.

Insider Transactions at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the sale, the chief operating officer owned 88,045 shares of the company’s stock, valued at $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the sale, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at $14,038,449.84. This represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,230 shares of company stock valued at $2,272,568 in the last three months. Corporate insiders own 0.14% of the company’s stock.

About EOG Resources

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.