EOG Resources, Inc. $EOG Shares Sold by M&T Bank Corp

M&T Bank Corp cut its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 3.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 526,043 shares of the energy exploration company’s stock after selling 20,421 shares during the period. M&T Bank Corp owned about 0.10% of EOG Resources worth $58,980,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Hemington Wealth Management raised its stake in EOG Resources by 7.2% during the third quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock worth $155,000 after acquiring an additional 93 shares in the last quarter. apricus wealth LLC boosted its stake in shares of EOG Resources by 5.0% in the 3rd quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock valued at $224,000 after purchasing an additional 95 shares in the last quarter. Sowell Financial Services LLC grew its holdings in shares of EOG Resources by 1.6% in the 3rd quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock worth $699,000 after purchasing an additional 96 shares during the last quarter. Hardy Reed LLC increased its position in shares of EOG Resources by 4.5% during the 3rd quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after purchasing an additional 97 shares in the last quarter. Finally, RKL Wealth Management LLC increased its position in shares of EOG Resources by 0.5% during the 3rd quarter. RKL Wealth Management LLC now owns 21,235 shares of the energy exploration company’s stock worth $2,381,000 after purchasing an additional 98 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Transactions at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief operating officer owned 61,481 shares of the company’s stock, valued at approximately $7,685,125. This trade represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders have sold 7,774 shares of company stock worth $945,895. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wells Fargo & Company restated an “overweight” rating and issued a $127.00 price target (up from $126.00) on shares of EOG Resources in a research report on Tuesday, January 27th. Johnson Rice cut their target price on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a research note on Friday, December 5th. Royal Bank Of Canada set a $138.00 target price on EOG Resources and gave the stock an “outperform” rating in a report on Tuesday, January 13th. BMO Capital Markets increased their price target on EOG Resources from $120.00 to $140.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Finally, Raymond James Financial lifted their price objective on EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have issued a Hold rating to the company’s stock. According to MarketBeat.com, EOG Resources currently has an average rating of “Hold” and an average target price of $136.42.

EOG Resources Price Performance

EOG opened at $133.75 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42. The stock has a market capitalization of $71.76 billion, a P/E ratio of 14.68 and a beta of 0.44. The company’s 50 day simple moving average is $116.41 and its 200-day simple moving average is $112.59. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $136.14.

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 the consensus estimate of $2.20 by $0.07. The firm had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.74 EPS. Sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, April 16th. EOG Resources’s payout ratio is currently 44.79%.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Macro: Rising oil prices amid renewed Middle East tensions are lifting sentiment across integrated and exploration names, creating a favorable commodity backdrop for EOG’s revenue and cash‑flow outlook. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Company fundamentals: EOG reported better‑than‑expected Q4 results with production of ~1.40 mboe/d and benefit from higher natural gas prices — a direct driver of near‑term cash flow and the recent analyst bullishness. EOG Surpasses Profit Projections with Solid Output and Rising Gas Prices
• Positive Sentiment: Analyst action: Piper Sandler raised its price target on EOG to $144 (still a “neutral” rating), implying roughly mid‑single‑digit to low‑double‑digit upside versus recent levels and signaling confidence in the medium‑term outlook. Piper Sandler raises price target
• Neutral Sentiment: Mixed analyst revisions: Zacks has both raised several later‑cycle estimates (FY2028 / Q3 2027) and revised some quarterly forecasts upward — a signal that longer‑term earnings power remains intact but timing of recovery is uncertain. Investors should treat these as model updates rather than a change in the company’s competitive position. MarketBeat EOG overview
• Negative Sentiment: Near‑term downward revisions: Zacks recently cut several near‑term EPS forecasts and trimmed FY2026 estimates materially (e.g., to ~$7.56 from prior levels), and maintains a “Hold” stance — this raises the risk of earnings disappointment or lower near‑term guidance that could cap multiple expansion. Q3 EPS Estimates Lowered by Zacks Research

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.