Plato Investment Management Ltd Sells 4,592 Shares of EOG Resources, Inc. $EOG

Plato Investment Management Ltd trimmed its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 10.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 39,156 shares of the energy exploration company’s stock after selling 4,592 shares during the quarter. Plato Investment Management Ltd’s holdings in EOG Resources were worth $4,132,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of EOG. JCIC Asset Management Inc. bought a new position in EOG Resources during the third quarter worth about $32,000. Olistico Wealth LLC bought a new position in EOG Resources during the fourth quarter worth about $33,000. Physician Wealth Advisors Inc. increased its position in EOG Resources by 103.0% during the fourth quarter. Physician Wealth Advisors Inc. now owns 335 shares of the energy exploration company’s stock worth $35,000 after acquiring an additional 170 shares during the period. Mountain Hill Investment Partners Corp. bought a new position in EOG Resources during the third quarter worth about $37,000. Finally, Quent Capital LLC bought a new position in EOG Resources during the third quarter worth about $37,000. 89.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Sanford C. Bernstein raised their price target on shares of EOG Resources from $126.00 to $167.00 and gave the stock a “market perform” rating in a research report on Monday, April 13th. Royal Bank Of Canada raised their price target on EOG Resources from $138.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 8th. Piper Sandler boosted their price target on EOG Resources from $144.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, April 1st. Wolfe Research boosted their price target on EOG Resources from $152.00 to $154.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. Finally, DA Davidson boosted their price target on EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, EOG Resources currently has an average rating of “Moderate Buy” and a consensus price target of $154.59.

Insider Buying and Selling

In other news, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. The trade was a 6.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the transaction, the chief financial officer owned 100,246 shares in the company, valued at $14,038,449.84. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,230 shares of company stock worth $2,522,568 in the last 90 days. Corporate insiders own 0.14% of the company’s stock.

EOG Resources Trading Down 0.7%

EOG opened at $129.92 on Friday. The company’s 50 day moving average is $135.67 and its 200-day moving average is $118.32. The company has a current ratio of 1.72, a quick ratio of 1.42 and a debt-to-equity ratio of 0.26. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $151.87. The company has a market cap of $69.20 billion, a P/E ratio of 12.79, a PEG ratio of 1.61 and a beta of 0.27.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, topping the consensus estimate of $3.23 by $0.18. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The business had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same period last year, the company earned $2.87 EPS. The firm’s revenue was up 22.1% compared to the same quarter last year. Equities research analysts predict that EOG Resources, Inc. will post 14.81 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be given a $1.02 dividend. The ex-dividend date is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.1%. EOG Resources’s payout ratio is 40.16%.

EOG Resources News Roundup

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

• Positive Sentiment: DA Davidson raised its price target on EOG Resources to $153 and reiterated a buy rating, signaling confidence in the company’s upside potential. EOG Resources (NYSE:EOG) Given New $153.00 Price Target at DA Davidson
• Positive Sentiment: JPMorgan and Truist both lifted their price targets on EOG, with JPMorgan increasing its target to $148 and Truist to $149, reflecting continued analyst optimism even though Truist kept a hold rating. JPMorgan adjusts price target on EOG Resources to 148 from 145 EOG Resources price target raised by Truist Financial Corporation
• Positive Sentiment: EOG reported better-than-expected first-quarter earnings and revenue, driven by strong output growth, and highlighted $1.49 billion in free cash flow along with dividends, buybacks, and a liquids-focused outlook. EOG Q1 Earnings & Revenues Beat Estimates on Strong Output Growth
• Neutral Sentiment: Some firms were more cautious: Stephens trimmed its target slightly to $167, and Scotiabank maintained a hold rating, while another note flagged rising 2026 capex as a potential free-cash-flow risk. Stephens adjusts price target on EOG Resources to 167 from 170 Scotiabank Keeps Their Hold Rating on EOG Resources EOG Resources’ Rising Capex in 2026 Raises Free Cash Flow and Shareholder Return Risks
• Positive Sentiment: Additional commentary around EOG’s 2026 plan for $8.5 billion in free cash flow and at least 70% shareholder returns has also reinforced the bullish backdrop for the stock. EOG outlines 2026 plan for $8.5B free cash flow while targeting at least 70 percent returns

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.