Pinnacle Financial Partners Inc cut its stake in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 43.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,114 shares of the energy exploration company’s stock after selling 55,392 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in EOG Resources were worth $7,973,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of EOG. Klein Pavlis & Peasley Financial Inc. acquired a new position in shares of EOG Resources during the third quarter valued at about $1,298,000. Insight Inv LLC increased its position in EOG Resources by 65.5% in the 3rd quarter. Insight Inv LLC now owns 17,315 shares of the energy exploration company’s stock valued at $1,941,000 after buying an additional 6,853 shares in the last quarter. Ritholtz Wealth Management increased its position in EOG Resources by 13.6% in the 3rd quarter. Ritholtz Wealth Management now owns 22,658 shares of the energy exploration company’s stock valued at $2,540,000 after buying an additional 2,704 shares in the last quarter. Cairn Investment Group Inc. raised its stake in EOG Resources by 2.3% during the 3rd quarter. Cairn Investment Group Inc. now owns 29,721 shares of the energy exploration company’s stock worth $3,332,000 after buying an additional 655 shares during the period. Finally, Campbell & CO Investment Adviser LLC boosted its holdings in EOG Resources by 158.1% in the third quarter. Campbell & CO Investment Adviser LLC now owns 16,924 shares of the energy exploration company’s stock worth $1,898,000 after acquiring an additional 10,367 shares in the last quarter. 89.91% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently commented on EOG. Citigroup restated a “neutral” rating and set a $115.00 price objective (down previously from $125.00) on shares of EOG Resources in a report on Wednesday, December 17th. Siebert Williams Shank decreased their price target on shares of EOG Resources from $155.00 to $145.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Wolfe Research lowered their price objective on shares of EOG Resources from $138.00 to $134.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Roth Capital reiterated a “neutral” rating on shares of EOG Resources in a report on Monday, December 15th. Finally, JPMorgan Chase & Co. decreased their target price on shares of EOG Resources from $131.00 to $121.00 and set a “neutral” rating for the company in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $137.00.
EOG Resources News Roundup
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: EOG is highlighted for expanding natural‑gas production and pursuing opportunities to supply power for data centers, a potential structural demand tailwind that could diversify revenue and support longer‑term valuation. EOG Resources: Building Out Natural Gas Production Will Help It Power Data Centers
- Neutral Sentiment: BMO Capital Markets trimmed its price target to $120 from $126 but kept an “outperform” rating — a modestly negative signal on near‑term upside while retaining a constructive view on the name. MarketScreener TickerReport
- Neutral Sentiment: Marketplace coverage notes mixed analyst views on EOG versus peers, signaling divergent expectations across the sell‑side that can keep trading volatile. Analysts Conflicted on These Energy Names
- Neutral Sentiment: Consensus analyst rating recently reported as “Hold,” which reflects mixed expectations and may limit broad bullish momentum until clearer catalysts appear. EOG Receives Consensus Rating of “Hold” from Analysts
- Negative Sentiment: Zacks lowered near‑term and full‑year EPS forecasts across multiple quarters (Q2‑2026, Q3‑2026, FY2026) and trimmed Q1‑ and Q2‑2027 estimates — FY2026 fell to $8.78 from $8.94 and several quarter estimates were reduced. These cuts reduce street earnings expectations and are the primary analyst‑driven pressure on the stock today.
EOG Resources Stock Down 2.5%
EOG opened at $105.33 on Friday. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $137.86. The firm has a market capitalization of $57.15 billion, a P/E ratio of 10.49, a PEG ratio of 8.32 and a beta of 0.49. The company’s 50-day moving average is $106.88 and its 200 day moving average is $112.72. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.43.
EOG Resources (NYSE:EOG – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.29. EOG Resources had a net margin of 24.49% and a return on equity of 19.80%. The business had revenue of $5.85 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same period in the prior year, the firm posted $2.89 EPS. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. Research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.
EOG Resources Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Friday, January 16th. EOG Resources’s dividend payout ratio (DPR) is 40.64%.
Insiders Place Their Bets
In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the completion of the transaction, the chief operating officer owned 54,979 shares in the company, valued at $5,810,180.72. This represents a 3.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.13% of the company’s stock.
EOG Resources 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.
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