Carlson Capital L.P. Takes $809,000 Position in EOG Resources, Inc. $EOG

Carlson Capital L.P. acquired a new stake in EOG Resources, Inc. (NYSE:EOG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,700 shares of the energy exploration company’s stock, valued at approximately $809,000.

A number of other hedge funds also recently made changes to their positions in EOG. Rockland Trust Co. boosted its stake 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 during the period. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of EOG Resources by 21.0% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock valued at $7,380,000 after buying an additional 11,442 shares during the period. Legal & General Group Plc boosted its stake in shares of EOG Resources by 2.1% in the third quarter. Legal & General Group Plc now owns 3,394,236 shares of the energy exploration company’s stock valued at $380,562,000 after buying an additional 68,888 shares during the period. AlphaQuest LLC boosted its stake in shares of EOG Resources by 1,413.5% in the third quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock valued at $2,863,000 after buying an additional 23,846 shares during the period. Finally, L2 Asset Management LLC boosted its stake in shares of EOG Resources by 69.6% in the third quarter. L2 Asset Management LLC now owns 19,355 shares of the energy exploration company’s stock valued at $2,170,000 after buying an additional 7,940 shares during the period. 89.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on EOG shares. 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. Susquehanna increased their price target on shares of EOG Resources from $144.00 to $162.00 and gave the stock a “positive” rating in a research report on Tuesday, April 21st. Truist Financial increased their price target on shares of EOG Resources from $146.00 to $149.00 and gave the stock a “hold” rating in a research report on Friday. Morgan Stanley upped their target price on EOG Resources from $128.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Roth Mkm restated a “neutral” rating and set a $136.00 target price on shares of EOG Resources in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seventeen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $154.59.

EOG Resources Stock Down 0.7%

Shares of EOG opened at $129.92 on Friday. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $151.87. The stock has a market capitalization of $69.20 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 1.62 and a beta of 0.27. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.42 and a current ratio of 1.72. The stock has a fifty day moving average of $135.67 and a 200-day moving average of $118.32.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. The business had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.EOG Resources’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.87 earnings per share. As a group, sell-side analysts anticipate that EOG Resources, Inc. will post 14.81 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

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

Insider Activity

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares of the company’s stock, 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. Over the last 90 days, insiders sold 18,230 shares of company stock valued at $2,522,568. 0.14% of the stock is currently owned by company insiders.

Key Stories Impacting EOG Resources

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 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.