EOG Resources, Inc. $EOG Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its stake in EOG Resources, Inc. (NYSE:EOG) by 43.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 77,750 shares of the energy exploration company’s stock after purchasing an additional 23,521 shares during the quarter. NEOS Investment Management LLC’s holdings in EOG Resources were worth $8,717,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd boosted its stake in EOG Resources by 10,950.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 221 shares of the energy exploration company’s stock worth $26,000 after purchasing an additional 219 shares during the period. JCIC Asset Management Inc. acquired a new stake in shares of EOG Resources in the third quarter worth $32,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of EOG Resources during the second quarter valued at $35,000. Salomon & Ludwin LLC raised its position in EOG Resources by 122.8% during the third quarter. Salomon & Ludwin LLC now owns 323 shares of the energy exploration company’s stock valued at $36,000 after buying an additional 178 shares during the period. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in shares of EOG Resources in the third quarter worth approximately $37,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Stock Performance

EOG opened at $119.53 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.62. The company has a market cap of $64.86 billion, a PE ratio of 11.91 and a beta of 0.49. The stock has a 50-day moving average of $108.46 and a 200-day moving average of $111.37. EOG Resources, Inc. has a 52-week low of $101.59 and a 52-week high of $135.87.

Insider Activity at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the completion of the sale, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. This represents a 3.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Jefferies Financial Group set a $140.00 price objective on shares of EOG Resources in a research note on Wednesday, January 14th. Raymond James Financial increased their price objective on EOG Resources from $153.00 to $157.00 and gave the stock a “strong-buy” rating in a report on Friday, February 13th. KeyCorp cut EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Scotiabank set a $123.00 target price on EOG Resources and gave the stock a “sector perform” rating in a research report on Friday, January 16th. Finally, The Goldman Sachs Group reduced their price target on EOG Resources from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $134.30.

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.