Brevan Howard Capital Management LP Sells 40,493 Shares of EOG Resources, Inc. $EOG

Brevan Howard Capital Management LP lessened its position in shares of EOG Resources, Inc. (NYSE:EOG) by 40.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 59,176 shares of the energy exploration company’s stock after selling 40,493 shares during the quarter. Brevan Howard Capital Management LP’s holdings in EOG Resources were worth $6,635,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. CSM Advisors LLC raised its holdings in shares of EOG Resources by 27.8% during the 3rd quarter. CSM Advisors LLC now owns 320,336 shares of the energy exploration company’s stock worth $35,917,000 after acquiring an additional 69,748 shares in the last quarter. Community Bank N.A. grew its holdings in shares of EOG Resources by 7.6% in the third quarter. Community Bank N.A. now owns 17,301 shares of the energy exploration company’s stock valued at $1,940,000 after purchasing an additional 1,226 shares in the last quarter. Clark Capital Management Group Inc. grew its holdings in shares of EOG Resources by 2.6% in the third quarter. Clark Capital Management Group Inc. now owns 371,233 shares of the energy exploration company’s stock valued at $41,623,000 after purchasing an additional 9,298 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in EOG Resources by 107.9% in the third quarter. Ausdal Financial Partners Inc. now owns 5,161 shares of the energy exploration company’s stock worth $579,000 after purchasing an additional 2,679 shares during the last quarter. Finally, Boothbay Fund Management LLC purchased a new stake in EOG Resources during the third quarter valued at $391,000. Institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Performance

Shares of NYSE:EOG opened at $133.75 on Friday. The firm’s 50 day simple moving average is $116.41 and its 200-day simple moving average is $112.53. 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 one year low of $101.59 and a one year high of $136.14. The firm has a market cap of $71.76 billion, a PE ratio of 14.68 and a beta of 0.44.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results 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. The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.EOG Resources’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.74 earnings per share. As a group, equities analysts predict that EOG Resources, Inc. will post 11.47 EPS for the current 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 given 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 3.1%. EOG Resources’s dividend payout ratio is presently 44.79%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. BMO Capital Markets increased their price objective on shares of EOG Resources from $120.00 to $140.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Stephens boosted their target price on shares of EOG Resources from $138.00 to $139.00 and gave the stock an “equal weight” rating in a report on Thursday, February 12th. Weiss Ratings restated a “hold (c)” rating on shares of EOG Resources in a research report on Thursday, January 22nd. Jefferies Financial Group increased their price target on shares of EOG Resources from $140.00 to $146.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $126.00 price objective (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seventeen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $136.42.

Key EOG Resources News

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

• Positive Sentiment: Macro: Rising oil prices amid renewed Middle East tensions are lifting sentiment across integrated and exploration names, creating a favorable commodity backdrop for EOG’s revenue and cash‑flow outlook. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Company fundamentals: EOG reported better‑than‑expected Q4 results with production of ~1.40 mboe/d and benefit from higher natural gas prices — a direct driver of near‑term cash flow and the recent analyst bullishness. EOG Surpasses Profit Projections with Solid Output and Rising Gas Prices
• Positive Sentiment: Analyst action: Piper Sandler raised its price target on EOG to $144 (still a “neutral” rating), implying roughly mid‑single‑digit to low‑double‑digit upside versus recent levels and signaling confidence in the medium‑term outlook. Piper Sandler raises price target
• Neutral Sentiment: Mixed analyst revisions: Zacks has both raised several later‑cycle estimates (FY2028 / Q3 2027) and revised some quarterly forecasts upward — a signal that longer‑term earnings power remains intact but timing of recovery is uncertain. Investors should treat these as model updates rather than a change in the company’s competitive position. MarketBeat EOG overview
• Negative Sentiment: Near‑term downward revisions: Zacks recently cut several near‑term EPS forecasts and trimmed FY2026 estimates materially (e.g., to ~$7.56 from prior levels), and maintains a “Hold” stance — this raises the risk of earnings disappointment or lower near‑term guidance that could cap multiple expansion. Q3 EPS Estimates Lowered by Zacks Research

Insider Activity at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the sale, the chief operating officer directly owned 61,481 shares in the company, valued at $7,685,125. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders sold a total of 7,774 shares of company stock worth $945,895 in the last 90 days. Company insiders own 0.13% of the company’s stock.

EOG Resources Company 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.