MassMutual Private Wealth & Trust FSB lowered its stake in EOG Resources, Inc. (NYSE:EOG – Free Report) by 40.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,047 shares of the energy exploration company’s stock after selling 5,512 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in EOG Resources were worth $1,044,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in EOG. Arrowstreet Capital Limited Partnership increased its holdings in shares of EOG Resources by 898.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,420,839 shares of the energy exploration company’s stock valued at $205,411,000 after acquiring an additional 1,278,555 shares during the last quarter. Franklin Resources Inc. lifted its holdings in EOG Resources by 24.2% in the 4th quarter. Franklin Resources Inc. now owns 6,443,453 shares of the energy exploration company’s stock worth $676,627,000 after purchasing an additional 1,257,110 shares during the last quarter. First Trust Advisors LP boosted its position in EOG Resources by 70.5% during the fourth quarter. First Trust Advisors LP now owns 2,977,912 shares of the energy exploration company’s stock worth $312,711,000 after purchasing an additional 1,231,366 shares during the period. Marshall Wace LLP boosted its position in EOG Resources by 474.7% during the fourth quarter. Marshall Wace LLP now owns 1,318,254 shares of the energy exploration company’s stock worth $138,430,000 after purchasing an additional 1,088,867 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in EOG Resources by 23.9% during the fourth quarter. Bank of New York Mellon Corp now owns 4,669,969 shares of the energy exploration company’s stock worth $490,394,000 after purchasing an additional 901,897 shares during the period. Institutional investors own 89.91% of the company’s stock.
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: EOG reported second-quarter adjusted earnings of $5.07 per share, ahead of the approximately $4.97-$5.01 analyst consensus, while revenue reached $8.62 billion versus expectations near $8.04 billion. Earnings more than doubled from $2.32 per share a year earlier. EOG Q2 Earnings Beat Estimates on Higher Volumes and Prices
- Positive Sentiment: Higher crude prices and a 24.4% increase in production drove a 57.4% year-over-year revenue gain. Total crude-oil-equivalent output was approximately 1.41 million barrels per day. EOG Beats Quarterly Profit Estimates on Higher Crude Prices
- Positive Sentiment: Operating cash flow was $4.67 billion, supporting financial flexibility and shareholder returns. EOG declared a quarterly dividend of $1.02 per share, equivalent to an annualized yield of roughly 3%. EOG Resources Reports Second Quarter 2026 Results
- Neutral Sentiment: Management’s earnings call and results reinforce that EOG’s near-term performance is benefiting from both production growth and favorable oil prices, leaving the shares particularly exposed to changes in commodity markets and investor expectations for future volumes and cash flow. EOG Q2 2026 Earnings Call Transcript
- Negative Sentiment: The strong results have not translated into upward trading, likely because expectations were already elevated following a sharp recent advance. Investors may also be looking for stronger forward guidance before assigning additional value to the stock.
- Negative Sentiment: Reported insider activity over the past six months shows eight sales and no purchases, including transactions by senior executives. Although these trades may be routine, they can add to investor caution. EOG Posts $2.72 Billion Q2 Net Income
EOG Resources Price Performance
EOG Resources (NYSE:EOG – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.10. The company had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.74%. The business’s quarterly revenue was up 57.4% on a year-over-year basis. During the same period last year, the business posted $2.32 EPS. Analysts anticipate that EOG Resources, Inc. will post 16.18 earnings per share for the current year.
EOG Resources Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, October 16th. EOG Resources’s dividend payout ratio (DPR) is presently 40.16%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on EOG shares. Morgan Stanley dropped their price target on shares of EOG Resources from $160.00 to $156.00 and set an “equal weight” rating on the stock in a research report on Friday, June 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $175.00 price objective (up from $170.00) on shares of EOG Resources in a report on Thursday, July 2nd. Weiss Ratings upgraded shares of EOG Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Williams Trading set a $177.00 target price on shares of EOG Resources in a report on Monday, April 20th. Finally, DA Davidson boosted their target price on shares of EOG Resources from $148.00 to $153.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $155.64.
Check Out Our Latest Analysis on EOG Resources
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.
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