Cvfg LLC acquired a new position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) during the 1st quarter, Holdings Channel reports. The firm acquired 8,022 shares of the energy exploration company’s stock, valued at approximately $1,160,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of EOG. Hardy Reed LLC boosted its position in shares of EOG Resources by 3.8% in the first quarter. Hardy Reed LLC now owns 2,251 shares of the energy exploration company’s stock valued at $325,000 after acquiring an additional 82 shares during the period. Bollard Group LLC boosted its holdings in EOG Resources by 0.8% in the 3rd quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock valued at $1,317,000 after purchasing an additional 93 shares during the period. Fulton Bank N.A. boosted its holdings in EOG Resources by 2.1% in the 1st quarter. Fulton Bank N.A. now owns 4,577 shares of the energy exploration company’s stock valued at $662,000 after purchasing an additional 93 shares during the period. Ethos Financial Group LLC grew its position in shares of EOG Resources by 2.5% during the 4th quarter. Ethos Financial Group LLC now owns 4,180 shares of the energy exploration company’s stock worth $439,000 after purchasing an additional 100 shares in the last quarter. Finally, Sumitomo Life Insurance Co. grew its position in shares of EOG Resources by 0.4% during the 4th quarter. Sumitomo Life Insurance Co. now owns 22,784 shares of the energy exploration company’s stock worth $2,393,000 after purchasing an additional 102 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.
EOG Resources News Summary
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Zacks Research raised earnings estimates for EOG Resources for FY2026, Q2 2026, Q3 2026, Q4 2026 and Q2 2027, signaling stronger near-term profit expectations.
- Positive Sentiment: A separate article said EOG Resources still looks below fair value, suggesting valuation support for the shares and room for upside if execution holds. EOG Resources (EOG) Stock Still Looks Below Fair Value Today
- Neutral Sentiment: Zacks Research also kept a Hold rating on EOG, so the updates were not a full bullish call despite the higher earnings forecasts.
- Negative Sentiment: The firm lowered some longer-term EPS estimates, including FY2027 and FY2028, which could temper enthusiasm about EOG’s longer-range growth trajectory.
- Negative Sentiment: A separate market note said EOG recently underperformed peers, indicating some relative weakness even as analysts adjust forecasts.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on EOG Resources
EOG Resources Stock Performance
NYSE:EOG opened at $137.46 on Thursday. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $151.87. The company has a quick ratio of 1.53, a current ratio of 1.72 and a debt-to-equity ratio of 0.26. The stock’s 50-day simple moving average is $135.73 and its 200 day simple moving average is $127.06. The firm has a market capitalization of $73.22 billion, a PE ratio of 13.53 and a beta of 0.25.
EOG Resources (NYSE:EOG – Get Free Report) last issued its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, topping the consensus estimate of $3.23 by $0.18. The firm had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.87 earnings per share. On average, analysts anticipate that EOG Resources, Inc. will post 16.19 EPS for the current fiscal year.
EOG Resources Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 annualized dividend and a yield of 3.0%. EOG Resources’s dividend payout ratio is presently 40.16%.
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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