Brevan Howard Capital Management LP Reduces Stock Position in EOG Resources, Inc. $EOG

Brevan Howard Capital Management LP lessened its stake in EOG Resources, Inc. (NYSE:EOG) by 40.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,176 shares of the energy exploration company’s stock after selling 40,493 shares during the period. Brevan Howard Capital Management LP’s holdings in EOG Resources were worth $6,635,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sivia Capital Partners LLC bought a new stake in shares of EOG Resources during the 2nd quarter valued at about $258,000. Empower Advisory Group LLC lifted its stake in shares of EOG Resources by 5.3% in the 2nd quarter. Empower Advisory Group LLC now owns 454,217 shares of the energy exploration company’s stock worth $54,329,000 after purchasing an additional 22,671 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of EOG Resources by 4.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 133,857 shares of the energy exploration company’s stock worth $16,011,000 after buying an additional 5,232 shares during the last quarter. Meridian Wealth Management LLC boosted its holdings in shares of EOG Resources by 0.7% in the second quarter. Meridian Wealth Management LLC now owns 32,223 shares of the energy exploration company’s stock worth $3,854,000 after buying an additional 218 shares during the last quarter. Finally, Creative Planning grew its position in EOG Resources by 0.9% during the second quarter. Creative Planning now owns 198,250 shares of the energy exploration company’s stock valued at $23,713,000 after buying an additional 1,814 shares during the period. 89.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

EOG has been the subject of a number of research reports. Wells Fargo & Company reaffirmed an “overweight” rating and set a $127.00 target price (up from $126.00) on shares of EOG Resources in a report on Tuesday, January 27th. Jefferies Financial Group boosted their price objective on shares of EOG Resources from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. UBS Group upped their price objective on EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Wolfe Research lifted their target price on EOG Resources from $140.00 to $152.00 in a research report on Monday, March 9th. Finally, KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have given a Hold rating to the company. Based on data from MarketBeat, EOG Resources presently has a consensus rating of “Hold” and an average target price of $136.42.

EOG Resources News Summary

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

• Positive Sentiment: Macro: Rising oil prices amid renewed Middle East tensions are lifting sentiment across integrated and exploration names, creating a favorable commodity backdrop for EOG’s revenue and cash‑flow outlook. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Company fundamentals: EOG reported better‑than‑expected Q4 results with production of ~1.40 mboe/d and benefit from higher natural gas prices — a direct driver of near‑term cash flow and the recent analyst bullishness. EOG Surpasses Profit Projections with Solid Output and Rising Gas Prices
• Positive Sentiment: Analyst action: Piper Sandler raised its price target on EOG to $144 (still a “neutral” rating), implying roughly mid‑single‑digit to low‑double‑digit upside versus recent levels and signaling confidence in the medium‑term outlook. Piper Sandler raises price target
• Neutral Sentiment: Mixed analyst revisions: Zacks has both raised several later‑cycle estimates (FY2028 / Q3 2027) and revised some quarterly forecasts upward — a signal that longer‑term earnings power remains intact but timing of recovery is uncertain. Investors should treat these as model updates rather than a change in the company’s competitive position. MarketBeat EOG overview
• Negative Sentiment: Near‑term downward revisions: Zacks recently cut several near‑term EPS forecasts and trimmed FY2026 estimates materially (e.g., to ~$7.56 from prior levels), and maintains a “Hold” stance — this raises the risk of earnings disappointment or lower near‑term guidance that could cap multiple expansion. Q3 EPS Estimates Lowered by Zacks Research

EOG Resources Stock Up 0.5%

NYSE EOG opened at $133.75 on Friday. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $136.14. 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 stock has a market cap of $71.76 billion, a PE ratio of 14.68 and a beta of 0.44. The stock’s 50 day moving average is $116.41 and its 200 day moving average is $112.53.

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

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be given a dividend of $1.02 per share. The ex-dividend date is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.1%. EOG Resources’s dividend payout ratio is currently 44.79%.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the sale, the chief operating officer directly owned 61,481 shares in the company, valued at approximately $7,685,125. The trade was a 3.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 7,774 shares of company stock worth $945,895 over the last three months. Company insiders own 0.13% of the company’s stock.

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.