Key Points
- CFO Ann Janssen sold 2,597 shares on March 12 at an average price of $134.31 for about $348,803, trimming her holding by ~2.5% to 100,246 shares (≈$13.46M).
- EOG beat quarterly estimates, reporting $2.27 EPS vs. $2.20 expected and $5.64B in revenue, and declared a $1.02 quarterly dividend (3.0% yield, ex-dividend April 16) while analysts hold a consensus "Hold" with a $137.77 price target amid several recent price‑target raises.
EOG Resources, Inc. (NYSE:EOG - Get Free Report) CFO Ann Janssen sold 2,597 shares of the business's stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $134.31, for a total transaction of $348,803.07. Following the sale, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $13,464,040.26. The trade was a 2.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
EOG Resources Stock Up 0.7%
Shares of EOG opened at $134.57 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $136.14. The stock has a market capitalization of $72.19 billion, a price-to-earnings ratio of 14.77 and a beta of 0.44. The stock has a fifty day moving average of $116.98 and a 200-day moving average of $112.53.
EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, topping analysts' consensus estimates of $2.20 by $0.07. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. During the same quarter in the previous year, the company posted $2.74 EPS. EOG Resources's quarterly revenue was up .9% compared to the same quarter last year. As a group, sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.
EOG Resources Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Thursday, April 16th. EOG Resources's payout ratio is 44.79%.
Hedge Funds Weigh In On EOG Resources
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital World Investors increased its position in EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company's stock valued at $6,156,495,000 after purchasing an additional 782,426 shares during the period. Vanguard Group Inc. lifted its position in shares of EOG Resources by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company's stock worth $5,651,172,000 after purchasing an additional 446,341 shares during the period. State Street Corp lifted its position in shares of EOG Resources by 0.3% in the 4th quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company's stock worth $3,209,365,000 after purchasing an additional 100,080 shares during the period. Capital Research Global Investors boosted its stake in shares of EOG Resources by 0.5% in the 3rd quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company's stock valued at $2,794,784,000 after purchasing an additional 122,486 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of EOG Resources by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company's stock valued at $2,099,028,000 after purchasing an additional 371,548 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Wells Fargo raised its price target to $155 and reiterated an "overweight" rating, signaling meaningful upside versus the current price; this is a strong near‑term catalyst for buyers. Article Title
- Positive Sentiment: Piper Sandler boosted its target to $144, adding to the sequence of broker upgrades that reinforce investor confidence in EOG’s earnings and cash‑flow outlook. Piper Sandler Raises EOG PT to $144
- Positive Sentiment: Barclays lifted its target to $140 while keeping an Equal Weight rating—another vote of confidence that supports the view EOG may be undervalued at current levels. Article Title
- Positive Sentiment: Coverage from outlets (CNBC/TipRanks and investment roundups) highlights EOG as a dividend‑paying energy name favored by some analysts, which can attract income‑oriented and institutional demand. Top Wall Street analysts are bullish
- Neutral Sentiment: Multiple articles and lists discuss EOG as an "undervalued" large‑cap energy stock and include it in top energy stock roundups—useful for sentiment but largely echoing analyst upgrades rather than new fundamental developments. Is EOG One of the Most Undervalued?
- Neutral Sentiment: CFO Ann Janssen sold 2,597 shares on March 12 (SEC Form 4 filed); the sale reduced her position by ~2.5% but she retains a large holding—this is worth noting but not an obvious sign of company‑level trouble. SEC Form 4
- Negative Sentiment: Zacks cut earnings estimates for EOG, which could weigh on forward expectations if other shops follow; this is the primary near‑term negative item to monitor for revisions to consensus. Zacks Cuts Earnings Estimates
Analysts Set New Price Targets
A number of research analysts recently issued reports on the stock. Scotiabank set a $123.00 price objective on shares of EOG Resources and gave the company a "sector perform" rating in a report on Friday, January 16th. Morgan Stanley set a $128.00 target price on shares of EOG Resources and gave the stock an "equal weight" rating in a report on Friday, January 23rd. Stephens upped their price target on shares of EOG Resources from $138.00 to $139.00 and gave the company an "equal weight" rating in a research report on Thursday, February 12th. Susquehanna cut their price target on shares of EOG Resources from $151.00 to $144.00 and set a "positive" rating on the stock in a report on Thursday, February 26th. Finally, KeyCorp cut shares of EOG Resources from an "overweight" rating to a "sector weight" rating in a research note 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 issued a Hold rating to the company's stock. Based on data from MarketBeat.com, EOG Resources presently has a consensus rating of "Hold" and a consensus price target of $137.77.
Check Out Our Latest Stock Analysis on EOG
About EOG Resources
(
Get Free Report)
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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