Directional Asset Management Makes New Investment in EOG Resources, Inc. $EOG

Directional Asset Management bought a new stake in EOG Resources, Inc. (NYSE:EOGFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 5,269 shares of the energy exploration company’s stock, valued at approximately $553,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JCIC Asset Management Inc. purchased a new stake in EOG Resources during the third quarter worth about $32,000. Olistico Wealth LLC purchased a new position in shares of EOG Resources in the fourth quarter valued at approximately $33,000. Salomon & Ludwin LLC boosted its stake in shares of EOG Resources by 122.8% in the third quarter. Salomon & Ludwin LLC now owns 323 shares of the energy exploration company’s stock valued at $36,000 after purchasing an additional 178 shares during the period. Mountain Hill Investment Partners Corp. purchased a new position in shares of EOG Resources in the third quarter valued at approximately $37,000. Finally, Quent Capital LLC purchased a new position in shares of EOG Resources in the third quarter valued at approximately $37,000. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the sale, the chief financial officer directly owned 100,246 shares in the company, valued at $14,038,449.84. This trade represents a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction 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 completion of the sale, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. This represents a 6.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 18,230 shares of company stock worth $2,522,568. 0.14% of the stock is owned by insiders.

EOG Resources Stock Up 0.7%

Shares of NYSE EOG opened at $133.91 on Friday. The stock has a market cap of $71.74 billion, a P/E ratio of 14.70, a PEG ratio of 2.65 and a beta of 0.32. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87. The business’s fifty day simple moving average is $133.44 and its 200-day simple moving average is $116.70.

EOG Resources (NYSE:EOGGet Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.07. The business had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the firm earned $2.74 earnings per share. As a group, equities analysts predict that EOG Resources, Inc. will post 13.45 EPS for the current fiscal year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 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 Thursday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on EOG shares. Morgan Stanley raised their price objective on shares of EOG Resources from $128.00 to $155.00 and gave the company an “equal weight” rating in a research note on Friday, March 27th. Royal Bank Of Canada raised their price objective on shares of EOG Resources from $138.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, April 8th. Williams Trading set a $177.00 price objective on EOG Resources in a research note on Monday. Mizuho increased their price objective on EOG Resources from $146.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, April 1st. Finally, Sanford C. Bernstein increased their price objective on EOG Resources from $126.00 to $167.00 and gave the company a “market perform” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have issued a Hold rating to the company. Based on data from MarketBeat.com, EOG Resources presently has an average rating of “Hold” and an average target price of $153.68.

Read Our Latest Stock Analysis on EOG

EOG Resources News Roundup

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

  • Positive Sentiment: Susquehanna raised its price target to $162, signaling stronger upside expectations vs. current levels — a clear analyst-driven positive for the stock. Susquehanna Boosts EOG Resources Price Target
  • Positive Sentiment: An American Banking News piece reports The Goldman Sachs Group forecasting strong price appreciation for EOG, which, if tied to upgraded models, could attract buying interest. Goldman Sachs Forecasts Strong Price Appreciation
  • Positive Sentiment: Scotiabank raised its target from $123 to $139 and kept a “sector perform” rating — a modest lift to consensus valuation that supports near-term upside. Scotiabank Price Target Raise
  • Positive Sentiment: Technical momentum has improved (RS rating jumped to 81), indicating relative strength versus peers and potentially drawing momentum-focused buyers. RS Rating Jump Report
  • Neutral Sentiment: A Yahoo Finance valuation piece notes EOG is back in focus as Q1 earnings approach and highlights the company’s recent pattern of earnings beats — useful context but not a direct catalyst by itself. Yahoo Valuation Article
  • Neutral Sentiment: Zacks published comparative and thematic pieces (Devon vs. EOG; energy stock picks) that frame EOG relative to peers — informative for allocation decisions but not an immediate share-mover. Zacks Devon vs EOG Zacks Energy Picks
  • Negative Sentiment: Bernstein reiterated a “hold” on EOG, which suggests limited near-term upside from their view and may restrain investor enthusiasm. Bernstein Remains Hold
  • Negative Sentiment: The Globe and Mail also reports Goldman Sachs “remains a hold” in another note — mixed messages across outlets may create short-term confusion about analyst conviction. Goldman Sachs Remains Hold

About EOG Resources

(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.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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