EOG Resources, Inc. $EOG Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its stake in EOG Resources, Inc. (NYSE:EOG) by 6.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,859 shares of the energy exploration company’s stock after selling 11,758 shares during the period. Nisa Investment Advisors LLC’s holdings in EOG Resources were worth $16,892,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Sivia Capital Partners LLC purchased a new position in EOG Resources in the 2nd quarter worth approximately $258,000. Scotia Capital Inc. grew its position in EOG Resources by 57.6% in the second quarter. Scotia Capital Inc. now owns 3,367 shares of the energy exploration company’s stock valued at $403,000 after acquiring an additional 1,231 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of EOG Resources during the second quarter valued at approximately $349,000. Beacon Pointe Advisors LLC raised its stake in shares of EOG Resources by 4.6% during the second quarter. Beacon Pointe Advisors LLC now owns 47,150 shares of the energy exploration company’s stock valued at $5,640,000 after purchasing an additional 2,082 shares during the period. Finally, Nicolet Bankshares Inc. lifted its position in shares of EOG Resources by 2.3% during the second quarter. Nicolet Bankshares Inc. now owns 6,566 shares of the energy exploration company’s stock worth $785,000 after purchasing an additional 146 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Stock Down 2.8%

EOG stock opened at $140.52 on Thursday. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The firm has a 50 day simple moving average of $125.64 and a 200-day simple moving average of $114.40. The company has a market capitalization of $75.28 billion, a P/E ratio of 15.42, a PEG ratio of 3.10 and a beta of 0.32. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $151.87.

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

EOG Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be given a $1.02 dividend. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 annualized dividend and a dividend yield of 2.9%. EOG Resources’s payout ratio is presently 44.79%.

EOG Resources News Roundup

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

• Positive Sentiment: Multiple brokerages raised price targets today (BMO to $160/outperform; Stephens to $170; Piper Sandler and Mizuho to ~$147) — signals analyst confidence and possible upside over time. BMO raises PT to $160 Stephens raises PT to $170 Piper Sandler raises PT to $147 Mizuho raises PT on EBITDA outlook
• Neutral Sentiment: Consensus analyst stance remains mixed-to-cautious (average “Hold” and Citi “Hold”), which could limit immediate upside despite the target increases. Average recommendation “Hold” Citi assigns Hold
• Negative Sentiment: Crude oil prices fell after reports President Trump said Iran asked for a cease-fire and other headlines suggesting a quicker end to the Iran conflict; Brent and WTI slid below recent levels, removing a key commodity catalyst and pressuring EOG shares today. Oil Prices Fall on Fresh Hopes for a Swift End to Iran War Trump Says Iran Has Asked for a Cease-Fire

Insider Transactions at EOG Resources

In related news, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the transaction, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $130.00, for a total value of $260,000.00. Following the completion of the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at approximately $11,445,850. This represents a 2.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 12,532 shares of company stock worth $1,666,045. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on EOG shares. Roth Mkm restated a “neutral” rating and issued a $110.00 target price on shares of EOG Resources in a research note on Wednesday, February 25th. Zacks Research upgraded shares of EOG Resources from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. KeyCorp cut shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Truist Financial initiated coverage on EOG Resources in a research note on Tuesday, March 24th. They set a “hold” rating and a $146.00 target price for the company. Finally, Susquehanna dropped their target price on EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $145.04.

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.