Varma Mutual Pension Insurance Co Increases Stake in EOG Resources, Inc. $EOG

Varma Mutual Pension Insurance Co increased its stake in EOG Resources, Inc. (NYSE:EOG) by 8.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 146,792 shares of the energy exploration company’s stock after acquiring an additional 11,600 shares during the period. Varma Mutual Pension Insurance Co’s holdings in EOG Resources were worth $16,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of EOG. Hemington Wealth Management boosted its holdings in shares of EOG Resources by 7.2% in the 3rd quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock valued at $155,000 after purchasing an additional 93 shares during the last quarter. apricus wealth LLC increased its holdings in shares of EOG Resources by 5.0% during the 3rd quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock worth $224,000 after buying an additional 95 shares during the last quarter. Sowell Financial Services LLC raised its position in shares of EOG Resources by 1.6% in the 3rd quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock worth $699,000 after buying an additional 96 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its holdings in EOG Resources by 7.1% in the second quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 1,500 shares of the energy exploration company’s stock valued at $179,000 after acquiring an additional 100 shares during the last quarter. Finally, Jackson Hole Capital Partners LLC boosted its holdings in EOG Resources by 3.7% in the second quarter. Jackson Hole Capital Partners LLC now owns 2,803 shares of the energy exploration company’s stock valued at $335,000 after acquiring an additional 101 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Activity

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’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 transaction, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. The trade was a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EOG has been the subject of several research analyst reports. Piper Sandler set a $123.00 price target on EOG Resources and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. The Goldman Sachs Group decreased their target price on EOG Resources from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Thursday, January 22nd. Roth Mkm cut their price target on shares of EOG Resources from $114.00 to $108.00 and set a “neutral” rating on the stock in a report on Friday, January 23rd. Citigroup reaffirmed a “neutral” rating and set a $115.00 price target (down from $125.00) on shares of EOG Resources in a research report on Wednesday, December 17th. Finally, Susquehanna decreased their price objective on shares of EOG Resources from $161.00 to $151.00 and set a “positive” rating for the company in a research note on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, EOG Resources has a consensus rating of “Hold” and an average price target of $134.15.

EOG Resources Stock Performance

Shares of NYSE:EOG opened at $117.67 on Friday. The business’s 50-day simple moving average is $107.88 and its 200 day simple moving average is $111.50. The company has a market cap of $63.85 billion, a P/E ratio of 11.72 and a beta of 0.49. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.62. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $135.87.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Stephens raised its price target on EOG to $139 (from $138) and kept an “equal weight” rating — a modest positive signal on return potential. Benzinga
• Positive Sentiment: Zacks Research raised near-term quarter estimates for EOG: Q1 2026 EPS was lifted to $2.69 (from $2.45) and Q2 2026 EPS to $2.10 (from $2.06) — a signal of slightly stronger near-term operational outlook in Zacks’ model.
• Negative Sentiment: Zacks Research cut multiple medium‑ and longer‑term estimates and lowered FY2027 EPS to $9.31 (from $10.41). The firm also trimmed several quarterly forecasts (Q4 2026 to $1.83, Q3 2026 to $2.11, Q1/Q2/Q3 2027 reductions among others) and maintains a “Strong Sell” rating — a broad negative that likely outweighs the small positives. MarketBeat: EOG coverage

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.