Jeffrey Leitzell Sells 1,774 Shares of EOG Resources (NYSE:EOG) Stock

EOG Resources, Inc. (NYSE:EOG) COO Jeffrey Leitzell sold 1,774 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $126.57, for a total value of $224,535.18. Following the transaction, the chief operating officer owned 90,045 shares of the company’s stock, valued at $11,396,995.65. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

EOG Resources Price Performance

Shares of EOG stock opened at $131.08 on Friday. The stock’s fifty day simple moving average is $113.22 and its 200 day simple moving average is $112.06. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $131.90. The firm has a market cap of $70.32 billion, a price-to-earnings ratio of 14.39 and a beta of 0.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, beating 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 company had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.36 billion. During the same period last year, the business earned $2.74 earnings per share. The business’s revenue was up .9% on a year-over-year basis. On average, analysts expect 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. Shareholders of record on Thursday, April 16th will be given a $1.02 dividend. The ex-dividend date is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. EOG Resources’s payout ratio is 44.79%.

Hedge Funds Weigh In On EOG Resources

A number of hedge funds and other institutional investors have recently bought and sold shares of EOG. Acumen Wealth Advisors LLC acquired a new stake in EOG Resources during the 4th quarter worth $25,000. Prosperity Bancshares Inc bought a new position in shares of EOG Resources in the 4th quarter worth $26,000. JCIC Asset Management Inc. acquired a new stake in shares of EOG Resources during the third quarter worth $32,000. Gen Wealth Partners Inc bought a new stake in EOG Resources in the fourth quarter valued at about $30,000. Finally, Nemes Rush Group LLC acquired a new position in EOG Resources in the fourth quarter valued at about $30,000. 89.91% of the stock is owned by institutional investors.

Key Headlines Impacting EOG Resources

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

• Positive Sentiment: Analyst price-target upgrade to $149 and an analyst upgrade pushed EOG to a new 1‑year high; signals bullish analyst sentiment and helped buying interest. Price Target Raised to $149
• Positive Sentiment: Separate report notes EOG hit a new 1‑year high after an analyst upgrade, reinforcing momentum from fresh buy-side notes. Hits New 1-Year High After Analyst Upgrade
• Positive Sentiment: Zacks upgraded EOG from “strong sell” to “hold,” removing a downside rating and potentially supporting demand from income/value-focused investors. Zacks Upgrade
• Positive Sentiment: MarketBeat and filings point out EOG’s recent earnings beat and announced quarterly dividend (annualized ~$4.08, ~3.1% yield) — fundamentals and yield can attract income and value investors. MarketBeat Coverage
• Neutral Sentiment: Discussion about whether EOG is underperforming the Dow is getting coverage; market-breadth and sector moves, not necessarily company-specific news, may influence intraday moves. Is EOG Underperforming the Dow?
• Negative Sentiment: Piper Sandler raised its price target modestly to $127 but kept a “neutral” rating — the PT sits below the current market price, implying limited upside from that shop and potentially capping short‑term enthusiasm. Piper Sandler Price Target Raise
• Negative Sentiment: Insider selling: COO Jeffrey Leitzell disclosed multiple sales (1,774 and 2,000 shares across early March) — sizable insider sales can be perceived negatively even if they may be for diversification or tax reasons. Insider Selling

Analyst Upgrades and Downgrades

EOG has been the subject of a number of research analyst reports. Capital One Financial cut their target price on shares of EOG Resources from $131.00 to $130.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. UBS Group lifted their price objective on EOG Resources from $141.00 to $149.00 and gave the company a “buy” rating in a research report on Monday. Piper Sandler boosted their price objective on EOG Resources from $123.00 to $127.00 and gave the stock a “neutral” rating in a research note on Thursday. Mizuho set a $134.00 target price on EOG Resources and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, JPMorgan Chase & Co. lifted their price target on EOG Resources from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. One 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $135.31.

About EOG Resources

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.