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

EOG Resources, Inc. (NYSE:EOG) COO Jeffrey Leitzell sold 2,000 shares of EOG Resources stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total value of $260,000.00. Following the completion of the transaction, the chief operating officer owned 88,045 shares of the company’s stock, valued at approximately $11,445,850. This trade represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

EOG Resources Trading Down 0.7%

EOG traded down $0.96 during trading on Wednesday, reaching $127.05. The company had a trading volume of 3,178,220 shares, compared to its average volume of 5,190,990. 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 business has a 50 day simple moving average of $112.19 and a 200-day simple moving average of $111.82. The stock has a market cap of $68.16 billion, a P/E ratio of 13.95 and a beta of 0.44. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $131.32.

EOG Resources (NYSE:EOG) last announced its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.07. The business had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.74 earnings per share. On average, equities analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Thursday, April 16th. EOG Resources’s payout ratio is 44.79%.

Trending Headlines about EOG Resources

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

• Positive Sentiment: BMO raised its price target on EOG to $140 and maintained an “outperform” rating, signalling institutional confidence in further upside. BMO price target raise
• Positive Sentiment: UBS raised its price target to $149 and kept a “buy” rating, which supports bullish expectations and adds upward pressure on valuation. UBS price target raise
• Positive Sentiment: Zacks upgraded EOG from “strong sell” to “hold,” removing an extreme negative stance and reducing downside pressure from that research channel. Zacks upgrade
• Neutral Sentiment: A recent valuation piece highlights strong recent share-price momentum (1‑month and 3‑month gains) and urges investors to reassess fundamentals versus that rally — useful context but not a direct catalyst. Valuation analysis
• Neutral Sentiment: EOG presented at the Raymond James Institutional Investor Conference (transcript available), offering management commentary and operational transparency that can aid investor confidence over time. Conference transcript
• Neutral Sentiment: Sector note: Venture Global reported Q4 earnings above estimates on higher LNG volumes — a mixed industry data point that indirectly colors energy-sector sentiment but is not specific to EOG. Venture Global earnings
• Negative Sentiment: A Yahoo Finance piece raises the question of whether EOG is underperforming the Dow, highlighting relative weakness versus benchmarks — a narrative that can weigh on sentiment if investors rotate to index leaders. Underperformance article

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Morgan Stanley set a $128.00 price objective on EOG Resources and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Scotiabank set a $123.00 price target on shares of EOG Resources and gave the stock a “sector perform” rating in a report on Friday, January 16th. KeyCorp lowered shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a report on Friday, January 16th. Barclays lowered their price objective on shares of EOG Resources from $136.00 to $133.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 21st. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $126.00 target price (down from $144.00) on shares of EOG Resources in a research report on Monday, January 5th. One investment 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $135.85.

Institutional Investors Weigh In On EOG Resources

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EOG. Acumen Wealth Advisors LLC purchased a new stake in shares of EOG Resources in the fourth quarter worth about $25,000. Prosperity Bancshares Inc acquired a new position in EOG Resources in the fourth quarter valued at approximately $26,000. Nemes Rush Group LLC purchased a new stake in EOG Resources in the 4th quarter worth approximately $30,000. Gen Wealth Partners Inc purchased a new stake in EOG Resources in the 4th quarter worth approximately $30,000. Finally, JCIC Asset Management Inc. acquired a new stake in shares of EOG Resources during the 3rd quarter worth approximately $32,000. 89.91% of the stock is owned by institutional investors and hedge funds.

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.