EOG Resources (NYSE:EOG) COO Jeffrey Leitzell Sells 5,698 Shares of Stock

EOG Resources, Inc. (NYSE:EOG) COO Jeffrey Leitzell sold 5,698 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at approximately $13,234,924.40. This represents a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

EOG Resources Stock Performance

NYSE:EOG opened at $142.62 on Friday. The firm has a market capitalization of $76.40 billion, a PE ratio of 15.65, a PEG ratio of 3.01 and a beta of 0.32. The stock’s fifty day moving average is $126.37 and its 200 day moving average is $114.59. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87. 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 (NYSE:EOG) last posted its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping the consensus estimate of $2.20 by $0.07. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The company had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.36 billion. During the same period in the previous year, the firm earned $2.74 earnings per share. EOG Resources’s quarterly revenue was up .9% compared to the same quarter last year. On average, sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be paid 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 2.9%. EOG Resources’s payout ratio is currently 44.79%.

Institutional Trading of EOG Resources

Hedge funds have recently bought and sold shares of the stock. Purpose Unlimited Inc. purchased a new position in shares of EOG Resources in the 4th quarter valued at $471,000. Rockefeller Capital Management L.P. lifted its stake in shares of EOG Resources by 31.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 803,738 shares of the energy exploration company’s stock worth $84,401,000 after purchasing an additional 194,031 shares during the last quarter. Larry Mathis Financial Planning LLC purchased a new stake in shares of EOG Resources during the 4th quarter worth $286,000. Union Savings Bank bought a new stake in EOG Resources during the fourth quarter valued at about $326,000. Finally, Hsbc Holdings PLC grew its stake in EOG Resources by 34.6% in the fourth quarter. Hsbc Holdings PLC now owns 1,956,432 shares of the energy exploration company’s stock valued at $205,387,000 after purchasing an additional 502,667 shares during the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Key EOG Resources News

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

• Positive Sentiment: BMO Capital Markets raised its price target to $160 and kept an “outperform” rating, supporting upside expectations for EOG. BMO raises PT to $160
• Positive Sentiment: Stephens raised its target to $170 (equal‑weight), a sizeable upgrade that signals higher analyst valuation for EOG. Stephens raises PT to $170
• Positive Sentiment: EOG reached a new 52‑week high after an analyst upgrade, a near‑term technical/psychological positive for the stock. New 52-week high after upgrade
• Neutral Sentiment: Piper Sandler and Mizuho nudged targets slightly higher (to $147) but maintained neutral ratings, indicating modest upside without a bullish stance. Piper/Mizuho raises
• Neutral Sentiment: Brokerages’ consensus remains roughly a “Hold” on EOG, suggesting mixed views despite recent target lifts. Average recommendation Hold
• Neutral Sentiment: Mizuho specifically cited an improved EBITDA outlook when adjusting its target, a fundamental positive to monitor for earnings sensitivity. Mizuho EBITDA outlook
• Negative Sentiment: Oil prices fell on renewed hopes for a cease‑fire in the Iran conflict and profit‑taking after March’s surge; lower crude directly pressures EOG’s near‑term revenue and cash‑flow outlook. Oil prices fall on cease-fire hopes
• Negative Sentiment: COO Jeffrey Leitzell sold ~5,698 shares at about $150.32 (Mar 31), trimming his stake ~6% — an insider sale that may be viewed negatively by some investors despite being routine diversification. COO insider sale Form 4

Analyst Ratings Changes

EOG has been the topic of a number of recent analyst reports. Jefferies Financial Group increased their price objective on shares of EOG Resources from $140.00 to $146.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Scotiabank raised EOG Resources to a “hold” rating in a research note on Friday, March 27th. Stephens increased their price target on EOG Resources from $139.00 to $170.00 and gave the stock an “equal weight” rating in a report on Tuesday. Zacks Research raised EOG Resources from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Finally, Piper Sandler boosted their price objective on EOG Resources from $144.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eighteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $145.04.

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.