Heartland Advisors Inc. Acquires 19,494 Shares of EOG Resources, Inc. $EOG

Posted by Francis Steltz on Aug 22nd, 2026

Heartland Advisors Inc. grew its holdings in EOG Resources, Inc. (NYSE:EOG – Free Report) by 13.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,284 shares of the energy exploration company’s stock after acquiring an additional 19,494 shares during the period. EOG Resources comprises about 1.0% of Heartland Advisors Inc.’s investment portfolio, making the stock its 23rd biggest position. Heartland Advisors Inc.’s holdings in EOG Resources were worth $21,572,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Summitry LLC grew its position in shares of EOG Resources by 1.5% during the first quarter. Summitry LLC now owns 4,832 shares of the energy exploration company’s stock worth $699,000 after purchasing an additional 73 shares in the last quarter. Twin Capital Management Inc. raised its stake in EOG Resources by 0.3% during the 1st quarter. Twin Capital Management Inc. now owns 23,980 shares of the energy exploration company’s stock valued at $3,467,000 after purchasing an additional 79 shares during the period. Sax Wealth Advisors LLC lifted its holdings in EOG Resources by 2.8% in the 2nd quarter. Sax Wealth Advisors LLC now owns 2,907 shares of the energy exploration company’s stock worth $377,000 after purchasing an additional 79 shares in the last quarter. Paladin Wealth LLC lifted its holdings in EOG Resources by 5.3% in the 2nd quarter. Paladin Wealth LLC now owns 1,593 shares of the energy exploration company’s stock worth $207,000 after purchasing an additional 80 shares in the last quarter. Finally, Hardy Reed LLC boosted its stake in EOG Resources by 3.8% in the 1st quarter. Hardy Reed LLC now owns 2,251 shares of the energy exploration company’s stock worth $325,000 after purchasing an additional 82 shares during the period. Institutional investors own 89.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EOG. Raymond James Financial reaffirmed a “strong-buy” rating and set a $183.00 price objective on shares of EOG Resources in a report on Monday, August 3rd. DA Davidson upped 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. Zacks Research cut shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Stephens reduced their price target on shares of EOG Resources from $170.00 to $167.00 in a report on Wednesday, May 6th. Finally, Morgan Stanley set a $157.00 price target on shares of EOG Resources and gave the company an “equal weight” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, EOG Resources presently has an average rating of “Hold” and an average price target of $155.41.

Get Our Latest Research Report on EOG

EOG Resources Stock Up 0.6%

NYSE EOG opened at $153.06 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.68 and a current ratio of 1.85. The company has a market capitalization of $80.28 billion, a P/E ratio of 11.91, a P/E/G ratio of 0.56 and a beta of 0.25. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $153.67. The stock has a 50 day moving average price of $138.75 and a 200-day moving average price of $135.00.

EOG Resources (NYSE:EOG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share 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 analysts’ expectations of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. EOG Resources’s quarterly revenue was up 57.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.32 earnings per share. As a group, equities analysts predict that EOG Resources, Inc. will post 16.87 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be issued a $1.02 dividend. The ex-dividend date is Friday, October 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. EOG Resources’s payout ratio is 31.75%.

EOG Resources News Roundup

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

EOG Resources Profile

(Free Report)

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.