Varma Mutual Pension Insurance Co Grows Position in EOG Resources, Inc. $EOG

Varma Mutual Pension Insurance Co grew its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 8.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 146,792 shares of the energy exploration company’s stock after purchasing an additional 11,600 shares during the period. Varma Mutual Pension Insurance Co’s holdings in EOG Resources were worth $16,458,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cullen Capital Management LLC boosted its position in EOG Resources by 4.7% during the second quarter. Cullen Capital Management LLC now owns 576,470 shares of the energy exploration company’s stock worth $68,952,000 after purchasing an additional 25,753 shares in the last quarter. Rockland Trust Co. increased its position in shares of EOG Resources by 5.1% in the third quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock valued at $27,618,000 after buying an additional 11,965 shares in the last quarter. Railway Pension Investments Ltd raised its stake in shares of EOG Resources by 6.9% during the 2nd quarter. Railway Pension Investments Ltd now owns 449,100 shares of the energy exploration company’s stock worth $53,717,000 after buying an additional 28,800 shares during the last quarter. AlphaQuest LLC raised its stake in shares of EOG Resources by 1,413.5% during the 3rd quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock worth $2,863,000 after buying an additional 23,846 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of EOG Resources by 21.0% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock worth $7,380,000 after buying an additional 11,442 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Stephens raised its price target on EOG to $139 (from $138) and kept an “equal weight” rating — a modest positive signal on return potential. Benzinga
• Positive Sentiment: Zacks Research raised near-term quarter estimates for EOG: Q1 2026 EPS was lifted to $2.69 (from $2.45) and Q2 2026 EPS to $2.10 (from $2.06) — a signal of slightly stronger near-term operational outlook in Zacks’ model.
• Negative Sentiment: Zacks Research cut multiple medium‑ and longer‑term estimates and lowered FY2027 EPS to $9.31 (from $10.41). The firm also trimmed several quarterly forecasts (Q4 2026 to $1.83, Q3 2026 to $2.11, Q1/Q2/Q3 2027 reductions among others) and maintains a “Strong Sell” rating — a broad negative that likely outweighs the small positives. MarketBeat: EOG coverage

EOG Resources Stock Performance

Shares of EOG opened at $117.67 on Friday. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $135.87. The company’s 50 day simple moving average is $107.88 and its 200 day simple moving average is $111.50. The company has a market capitalization of $63.85 billion, a price-to-earnings ratio of 11.72 and a beta of 0.49. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.62.

Insider Activity

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the completion of the sale, the chief operating officer owned 54,979 shares of the company’s stock, valued at $5,810,180.72. The trade was a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on EOG. Roth Mkm dropped their target price on shares of EOG Resources from $114.00 to $108.00 and set a “neutral” rating for the company in a report on Friday, January 23rd. Barclays lowered their price target on shares of EOG Resources from $136.00 to $133.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 21st. Citigroup restated a “neutral” rating and set a $115.00 price objective (down from $125.00) on shares of EOG Resources in a research report on Wednesday, December 17th. Susquehanna reduced their target price on EOG Resources from $161.00 to $151.00 and set a “positive” rating on the stock in a research note on Monday, January 26th. Finally, Royal Bank Of Canada set a $138.00 target price on EOG Resources and gave the company an “outperform” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $134.15.

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.