Korea Investment CORP Sells 47,044 Shares of EOG Resources, Inc. $EOG

Korea Investment CORP decreased its stake in EOG Resources, Inc. (NYSE:EOG) by 13.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 300,485 shares of the energy exploration company’s stock after selling 47,044 shares during the period. Korea Investment CORP owned 0.06% of EOG Resources worth $38,982,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Sivia Capital Partners LLC bought a new stake in EOG Resources in the second quarter valued at approximately $258,000. Quantbot Technologies LP acquired a new stake in EOG Resources during the 2nd quarter valued at approximately $349,000. Gamco Investors INC. ET AL raised its holdings in EOG Resources by 216.1% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock worth $785,000 after purchasing an additional 4,485 shares during the last quarter. NewEdge Advisors LLC raised its holdings in EOG Resources by 2.0% during the 2nd quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock worth $2,725,000 after purchasing an additional 444 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of EOG Resources by 4.4% in the 2nd quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock worth $43,356,000 after purchasing an additional 15,250 shares during the period. 89.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on EOG shares. UBS Group reduced their price objective on shares of EOG Resources from $168.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, July 2nd. Stephens lowered their target price on shares of EOG Resources from $170.00 to $167.00 in a research note on Wednesday, May 6th. Weiss Ratings restated a “buy (b-)” rating on shares of EOG Resources in a report on Friday, August 7th. Mizuho set a $157.00 price target on shares of EOG Resources and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Finally, Roth Capital reiterated a “neutral” rating and set a $138.00 price target on shares of EOG Resources in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat.com, EOG Resources has a consensus rating of “Hold” and an average price target of $155.41.

Key EOG Resources News

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

• Positive Sentiment: Higher earnings estimates: Zacks Research raised its forecasts for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, fiscal 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, third-quarter 2027 EPS to $3.35 from $3.03, and fiscal 2027 EPS to $14.03 from $13.05. These revisions indicate stronger projected profitability across several periods. MarketBeat EOG estimates
• Positive Sentiment: Value appeal: Zacks highlighted EOG as a strong value stock, which may attract investors seeking a relatively inexpensive energy producer with earnings support. The company’s reported valuation metrics include a P/E ratio near 12 and a price-to-earnings-growth ratio below 1. Here’s Why EOG Resources Is a Strong Value Stock
• Neutral Sentiment: Upcoming earnings focus: Analysts have published predictions for EOG’s fourth-quarter results. The estimates could influence the stock as investors assess commodity prices, production trends and the sustainability of recent earnings strength. Analysts Offer Predictions for EOG Resources Q4 Earnings
• Negative Sentiment: Longer-term estimate reduction: Zacks cut its second-quarter 2028 EPS forecast to $3.10 from $3.49, signaling some concern about earnings normalization beyond fiscal 2027. Zacks continues to rate EOG “Hold,” tempering the bullish impact of the other estimate increases. MarketBeat EOG estimates

EOG Resources Price Performance

EOG Resources stock opened at $153.06 on Friday. The stock has a market capitalization of $80.28 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 0.57 and a beta of 0.25. EOG Resources, Inc. has a 52-week low of $101.59 and a 52-week high of $153.67. The stock’s 50 day moving average price is $138.75 and its two-hundred day moving average price is $135.00. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.68 and a current ratio of 1.85.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.10. The company had revenue of $8.62 billion during the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. EOG Resources’s revenue for the quarter was up 57.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.32 EPS. On average, equities analysts predict that EOG Resources, Inc. will post 16.87 earnings per share for the current year.

EOG Resources Dividend Announcement

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

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.