IFP Advisors Inc lifted its position in EOG Resources, Inc. (NYSE:EOG – Free Report) by 156.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,704 shares of the energy exploration company’s stock after acquiring an additional 6,537 shares during the quarter. IFP Advisors Inc’s holdings in EOG Resources were worth $1,124,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Olistico Wealth LLC bought a new stake in shares of EOG Resources in the fourth quarter valued at about $33,000. Physician Wealth Advisors Inc. raised its holdings in shares of EOG Resources by 103.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 335 shares of the energy exploration company’s stock valued at $35,000 after acquiring an additional 170 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of EOG Resources in the fourth quarter valued at about $38,000. AXS Investments LLC bought a new stake in shares of EOG Resources in the third quarter valued at about $41,000. Finally, City Holding Co. raised its holdings in shares of EOG Resources by 469.2% in the fourth quarter. City Holding Co. now owns 370 shares of the energy exploration company’s stock valued at $39,000 after acquiring an additional 305 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors.
EOG Resources Price Performance
EOG opened at $141.43 on Friday. The business’s 50-day moving average is $137.91 and its two-hundred day moving average is $120.68. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $151.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.72 and a quick ratio of 1.53. The firm has a market capitalization of $75.33 billion, a PE ratio of 13.92 and a beta of 0.27.
EOG Resources Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, July 17th. EOG Resources’s payout ratio is 40.16%.
Insider Activity
In other news, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s 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 sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the business’s 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 sale, the chief financial officer owned 100,246 shares in the company, valued at $14,038,449.84. The trade was a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 16,230 shares of company stock worth $2,272,568 in the last quarter. 0.14% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on EOG shares. BMO Capital Markets lifted their price objective on EOG Resources from $140.00 to $160.00 and gave the company an “outperform” rating in a report on Wednesday, April 1st. Scotiabank lifted their price objective on EOG Resources from $123.00 to $139.00 and gave the company a “sector perform” rating in a report on Wednesday, April 22nd. Weiss Ratings upgraded EOG Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Stephens decreased their price objective on EOG Resources from $170.00 to $167.00 in a report on Wednesday, May 6th. Finally, Morgan Stanley lifted their target price on EOG Resources from $155.00 to $160.00 and gave the company an “equal weight” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat.com, EOG Resources currently has a consensus rating of “Moderate Buy” and an average target price of $155.64.
Check Out Our Latest Report on EOG Resources
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: EOG expanded its share repurchase authorization to $20 billion, signaling aggressive capital returns and confidence in future cash generation.
- Positive Sentiment: The company has been highlighted for record free cash flow and its plan to return at least 70% of free cash flow to shareholders through dividends and buybacks.
- Positive Sentiment: Zacks Research upgraded EOG to Strong Buy and raised multiple earnings estimates for 2026-2028, suggesting improving profit expectations.
- Positive Sentiment: Morgan Stanley raised its price target on EOG to $160 from $155, while maintaining an equal-weight rating, reflecting slightly improved valuation expectations.
- Positive Sentiment: EOG was also added to Zacks’ Strong Buy and best income stocks lists, adding to the bullish tone around the name.
- Neutral Sentiment: Analysts continue to describe EOG as a disciplined, cash-focused oil and gas producer with ongoing international expansion and acquisitions, which supports the long-term outlook but is not an immediate catalyst.
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.
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