Jeffrey Leitzell Sells 2,000 Shares of EOG Resources (NYSE:EOG) Stock

EOG Resources, Inc. (NYSE:EOG) COO Jeffrey Leitzell sold 2,000 shares of EOG Resources stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total transaction of $260,000.00. Following the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at $11,445,850. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

EOG Resources Stock Up 2.6%

EOG opened at $131.08 on Friday. The business’s fifty day simple moving average is $113.22 and its 200 day simple moving average is $112.06. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $131.90. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. The stock has a market cap of $70.32 billion, a PE ratio of 14.39 and a beta of 0.44.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.07. The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.74 EPS. As a group, 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 Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.

Hedge Funds Weigh In On EOG Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in EOG. EJMK Ventures LLC bought a new stake in EOG Resources in the fourth quarter valued at $329,000. Arwa LLC purchased a new position in shares of EOG Resources during the fourth quarter valued at about $1,188,000. MidFirst Bank bought a new position in EOG Resources in the fourth quarter worth about $2,823,000. SG Trading Solutions LLC purchased a new stake in EOG Resources in the fourth quarter worth about $630,000. Finally, Stone Wealth Partners bought a new stake in EOG Resources during the 4th quarter valued at approximately $260,000. Institutional investors own 89.91% of the company’s stock.

More EOG Resources News

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

• Positive Sentiment: Analyst price-target upgrade to $149 and an analyst upgrade pushed EOG to a new 1‑year high; signals bullish analyst sentiment and helped buying interest. Price Target Raised to $149
• Positive Sentiment: Separate report notes EOG hit a new 1‑year high after an analyst upgrade, reinforcing momentum from fresh buy-side notes. Hits New 1-Year High After Analyst Upgrade
• Positive Sentiment: Zacks upgraded EOG from “strong sell” to “hold,” removing a downside rating and potentially supporting demand from income/value-focused investors. Zacks Upgrade
• Positive Sentiment: MarketBeat and filings point out EOG’s recent earnings beat and announced quarterly dividend (annualized ~$4.08, ~3.1% yield) — fundamentals and yield can attract income and value investors. MarketBeat Coverage
• Neutral Sentiment: Discussion about whether EOG is underperforming the Dow is getting coverage; market-breadth and sector moves, not necessarily company-specific news, may influence intraday moves. Is EOG Underperforming the Dow?
• Negative Sentiment: Piper Sandler raised its price target modestly to $127 but kept a “neutral” rating — the PT sits below the current market price, implying limited upside from that shop and potentially capping short‑term enthusiasm. Piper Sandler Price Target Raise
• Negative Sentiment: Insider selling: COO Jeffrey Leitzell disclosed multiple sales (1,774 and 2,000 shares across early March) — sizable insider sales can be perceived negatively even if they may be for diversification or tax reasons. Insider Selling

Analyst Ratings Changes

Several equities analysts recently commented on EOG shares. Barclays reduced their target price on shares of EOG Resources from $136.00 to $133.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 21st. Raymond James Financial raised their price objective on EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a research note on Friday, February 13th. Stephens lifted their price objective on EOG Resources from $138.00 to $139.00 and gave the stock an “equal weight” rating in a report on Thursday, February 12th. Royal Bank Of Canada set a $138.00 target price on EOG Resources and gave the company an “outperform” rating in a report on Tuesday, January 13th. Finally, JPMorgan Chase & Co. raised their price target on EOG Resources from $115.00 to $125.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $135.31.

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.