Findlay Park Partners LLP Trims Stock Position in EOG Resources, Inc. $EOG

Findlay Park Partners LLP cut its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 25.1% during the second quarter, HoldingsChannel.com reports. The firm owned 1,329,709 shares of the energy exploration company’s stock after selling 445,200 shares during the period. EOG Resources accounts for about 2.3% of Findlay Park Partners LLP’s portfolio, making the stock its 20th largest position. Findlay Park Partners LLP’s holdings in EOG Resources were worth $172,503,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. SJS Investment Consulting Inc. boosted its position in shares of EOG Resources by 225.5% in the first quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock worth $26,000 after acquiring an additional 124 shares during the last quarter. Financial Life Planners purchased a new position in shares of EOG Resources in the 1st quarter worth $30,000. Acumen Wealth Advisors LLC acquired a new position in EOG Resources in the fourth quarter valued at $25,000. Prosperity Bancshares Inc acquired a new position in EOG Resources in the fourth quarter valued at $26,000. Finally, Global Assets Advisory LLC purchased a new stake in EOG Resources during the first quarter valued at about $37,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Performance

Shares of EOG opened at $153.06 on Friday. The stock has a market capitalization of $80.28 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.57 and a beta of 0.25. The business’s fifty day moving average price is $138.75 and its 200 day moving average price is $135.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $153.67.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 EPS 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 business had revenue of $8.62 billion during the quarter, compared to analyst estimates of $8.04 billion. During the same period in the previous year, the business posted $2.32 EPS. The company’s quarterly revenue was up 57.4% on a year-over-year basis. Equities research analysts forecast that EOG Resources, Inc. will post 16.87 EPS for the current year.

EOG Resources Announces Dividend

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

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EOG. Freedom Capital downgraded EOG Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Zacks Research downgraded shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Barclays set a $147.00 price target on shares of EOG Resources and gave the company an “equal weight” rating in a report on Monday, August 17th. The Goldman Sachs Group reduced their price target on shares of EOG Resources from $139.00 to $129.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. Finally, DA Davidson increased their price objective 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. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $155.41.

About EOG Resources

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.