EOG Resources, Inc. (NYSE:EOG – Get Free Report) COO Jeffrey Leitzell sold 5,698 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
EOG Resources Stock Performance
NYSE EOG traded up $1.18 on Thursday, reaching $141.60. The stock had a trading volume of 1,404,588 shares, compared to its average volume of 5,343,901. The stock has a market cap of $75.86 billion, a P/E ratio of 15.54, a price-to-earnings-growth ratio of 3.10 and a beta of 0.32. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87. The business’s 50-day moving average price is $125.64 and its 200 day moving average price is $114.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63.
EOG Resources (NYSE:EOG – Get Free Report) last announced its earnings results 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. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. During the same period last year, the firm posted $2.74 earnings per share. The company’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, equities analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current year.
EOG Resources Announces Dividend
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in EOG. Capital World Investors boosted its holdings in EOG Resources by 1.4% in the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock valued at $6,156,495,000 after purchasing an additional 782,426 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of EOG Resources by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after buying an additional 446,341 shares during the period. State Street Corp lifted its holdings in shares of EOG Resources by 0.3% in the 4th quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock valued at $3,209,365,000 after buying an additional 100,080 shares during the period. Capital Research Global Investors boosted its stake in shares of EOG Resources by 0.5% in the third quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock valued at $2,794,784,000 after buying an additional 122,486 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in EOG Resources by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock worth $2,099,028,000 after acquiring an additional 371,548 shares during the period. 89.91% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on EOG shares. Roth Mkm reissued a “neutral” rating and set a $110.00 price target on shares of EOG Resources in a report on Wednesday, February 25th. Zacks Research raised EOG Resources from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Mizuho increased their price objective on EOG Resources from $146.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday. Truist Financial started coverage on EOG Resources in a research note on Tuesday, March 24th. They issued a “hold” rating and a $146.00 target price on the stock. Finally, Piper Sandler upped their price target on EOG Resources from $144.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $145.04.
Get Our Latest Analysis on EOG Resources
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: BMO Capital Markets raised its price target to $160 and kept an “outperform” rating — a bullish signal from a major shop that supports upside. Article Title
- Positive Sentiment: Stephens boosted its price target to $170 (now “equal weight”), signaling even larger analyst valuation upside in the near term. Article Title
- Positive Sentiment: Piper Sandler and Mizuho each nudged targets higher (Piper to $147, Mizuho to $147) — incremental analyst upgrades that support the stock’s momentum. Article Title Article Title
- Positive Sentiment: EOG’s Feb quarter beat consensus (reported $2.27 vs. $2.20 est.) and the company shows strong margins and ROE — fundamentals that underpin analyst upgrades and higher earnings estimates. (Company results / consensus figures from recent filings and reporting.)
- Positive Sentiment: Analyst and research pieces highlight rising earnings estimates and momentum for EOG, suggesting further upside if revisions continue. Article Title
- Neutral Sentiment: Broker consensus remains mixed with an average “Hold” rating — analysts differ on valuation vs. near-term oil-price risk. Article Title
- Neutral Sentiment: Trading volume today is well below the stock’s average, and the price sits above its 50- and 200-day moving averages — technicals supportive but liquidity is light (may amplify moves). (Market data context.)
- Negative Sentiment: Crude oil prices fell after reports President Trump said Iran asked for a cease-fire, which reduces the near-term geopolitical risk premium on oil and can weigh on producer revenues and margins. Article Title
- Negative Sentiment: Related coverage showed Brent and WTI sliding below $100 as cease-fire hopes rose — falling oil prices are a direct headwind for EOG’s top line and near-term cash flow. Article Title
EOG Resources Company 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.
Further Reading
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