Danske Bank A S lifted its position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 22.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,417 shares of the energy exploration company’s stock after acquiring an additional 6,121 shares during the period. Danske Bank A S’s holdings in EOG Resources were worth $4,335,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC acquired a new position in EOG Resources in the second quarter valued at approximately $258,000. Quantbot Technologies LP acquired a new position in EOG Resources during the 2nd quarter valued at approximately $349,000. Gamco Investors INC. ET AL grew its stake in EOG Resources by 216.1% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock worth $785,000 after buying an additional 4,485 shares during the last quarter. NewEdge Advisors LLC increased its position in EOG Resources by 2.0% in the second quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock worth $2,725,000 after buying an additional 444 shares during the period. Finally, Sei Investments Co. increased its position in EOG Resources by 4.4% in the second quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock worth $43,356,000 after buying an additional 15,250 shares during the period. 89.91% of the stock is currently owned by institutional investors.
Key EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Higher earnings estimates: Zacks Research raised its forecasts for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, fiscal 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, third-quarter 2027 EPS to $3.35 from $3.03, and fiscal 2027 EPS to $14.03 from $13.05. These revisions indicate stronger projected profitability across several periods. MarketBeat EOG estimates
- Positive Sentiment: Value appeal: Zacks highlighted EOG as a strong value stock, which may attract investors seeking a relatively inexpensive energy producer with earnings support. The company’s reported valuation metrics include a P/E ratio near 12 and a price-to-earnings-growth ratio below 1. Here’s Why EOG Resources Is a Strong Value Stock
- Neutral Sentiment: Upcoming earnings focus: Analysts have published predictions for EOG’s fourth-quarter results. The estimates could influence the stock as investors assess commodity prices, production trends and the sustainability of recent earnings strength. Analysts Offer Predictions for EOG Resources Q4 Earnings
- Negative Sentiment: Longer-term estimate reduction: Zacks cut its second-quarter 2028 EPS forecast to $3.10 from $3.49, signaling some concern about earnings normalization beyond fiscal 2027. Zacks continues to rate EOG “Hold,” tempering the bullish impact of the other estimate increases. MarketBeat EOG estimates
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on EOG
EOG Resources Trading Up 0.6%
Shares of EOG Resources stock opened at $153.06 on Friday. The business has a fifty day simple moving average of $138.75 and a 200-day simple moving average of $135.00. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $153.67. The firm has a market cap of $80.28 billion, a price-to-earnings ratio of 11.91, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25. The company has a quick ratio of 1.68, a current ratio of 1.85 and a debt-to-equity ratio of 0.25.
EOG Resources (NYSE:EOG – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share for the quarter, beating the consensus estimate of $4.97 by $0.10. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The company had revenue of $8.62 billion during the quarter, compared to analyst estimates of $8.04 billion. During the same quarter last year, the firm posted $2.32 EPS. The business’s revenue for the quarter was up 57.4% on a year-over-year basis. On average, equities analysts forecast that EOG Resources, Inc. will post 16.87 EPS for the current fiscal year.
EOG Resources Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, October 16th. EOG Resources’s dividend payout ratio is 31.75%.
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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