Montecito Bank & Trust Sells 4,155 Shares of EOG Resources, Inc. $EOG

Montecito Bank & Trust reduced its holdings in EOG Resources, Inc. (NYSE:EOG) by 45.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,932 shares of the energy exploration company’s stock after selling 4,155 shares during the quarter. Montecito Bank & Trust’s holdings in EOG Resources were worth $518,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. JCIC Asset Management Inc. acquired a new position in shares of EOG Resources during the 3rd quarter worth about $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in EOG Resources in the 2nd quarter valued at approximately $35,000. Salomon & Ludwin LLC grew its holdings in EOG Resources by 122.8% in the 3rd quarter. Salomon & Ludwin LLC now owns 323 shares of the energy exploration company’s stock valued at $36,000 after buying an additional 178 shares during the last quarter. Mountain Hill Investment Partners Corp. bought a new position in EOG Resources in the 3rd quarter worth approximately $37,000. Finally, Quent Capital LLC bought a new position in EOG Resources in the 3rd quarter worth approximately $37,000. 89.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EOG. Capital One Financial reduced their price objective on EOG Resources from $131.00 to $130.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. The Goldman Sachs Group dropped their target price on shares of EOG Resources from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Raymond James Financial upped their target price on shares of EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a research note on Friday, February 13th. Johnson Rice reduced their price target on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a report on Friday, December 5th. Finally, KeyCorp lowered shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $138.52.

Key Headlines Impacting EOG Resources

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

• Positive Sentiment: EOG is being highlighted by sector coverage as positioned to benefit from higher crude prices and Middle East tensions — a tailwind for upstream producers and supportive of cash flow and valuations. 3 Stocks Positioned to Gain From Ongoing Elevation in Crude Price
• Positive Sentiment: Company fundamentals still supportive: EOG reported an EPS beat in late Feb and recently declared a $1.02 quarterly dividend (annualized $4.08, ~2.9% yield), which underscores cash returns to shareholders and helps investor sentiment. EOG Insider/Dividend and SEC filing references
• Neutral Sentiment: EOG scheduled its Q1 2026 results conference call and webcast for May 6 — an upcoming catalyst that could drive volatility depending on production, pricing, and guidance detail. EOG Resources Schedules Conference Call and Webcast
• Neutral Sentiment: Truist initiated coverage with a “hold” and $146 price target — implies only modest upside from current levels and signals mixed near-term analyst conviction. Benzinga coverage note
• Negative Sentiment: Insider selling: CFO Ann Janssen sold 4,161 shares (~$583k) in a disclosed March transaction, which can be read negatively by some investors as reduced insider conviction (though she still holds a large position). EOG Resources CFO Sells Stock

EOG Resources Trading Up 2.1%

EOG stock opened at $142.55 on Wednesday. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $143.73. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $121.01 and its 200-day moving average is $113.22. The firm has a market cap of $76.47 billion, a P/E ratio of 15.65, a P/E/G ratio of 3.78 and a beta of 0.44.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.36 billion. During the same quarter last year, the company earned $2.74 EPS. EOG Resources’s revenue was up .9% on a year-over-year basis. Equities analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.

Insider Buying and Selling at EOG Resources

In other news, CFO Ann D. Janssen sold 4,161 shares of the company’s 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 sale, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This represents a 3.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total transaction of $260,000.00. Following the sale, the chief operating officer owned 88,045 shares of the company’s stock, valued at $11,445,850. This trade represents a 2.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 14,532 shares of company stock worth $1,877,405 in the last 90 days. 0.13% of the stock is owned by corporate insiders.

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.