Rep. Robert Bresnahan, Jr. Sells EOG Resources, Inc. (NYSE:EOG) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of EOG Resources, Inc. (NYSE:EOG). In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in EOG Resources stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Best Buy (NYSE:BBY) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Valero Energy (NYSE:VLO) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Accenture (NYSE:ACN) on 4/8/2025.

EOG Resources Price Performance

Shares of NYSE:EOG opened at $112.99 on Wednesday. The company has a market cap of $62.32 billion, a PE ratio of 9.10, a P/E/G ratio of 3.58 and a beta of 0.93. EOG Resources, Inc. has a fifty-two week low of $102.52 and a fifty-two week high of $138.18. The firm has a 50-day simple moving average of $119.65 and a 200 day simple moving average of $125.48. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13.

EOG Resources (NYSE:EOG) last posted its earnings results on Friday, February 28th. The energy exploration company reported $2.74 EPS for the quarter, beating the consensus estimate of $2.55 by $0.19. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.96 billion. On average, sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.975 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.45%. EOG Resources’s payout ratio is currently 34.73%.

Institutional Trading of EOG Resources

A number of hedge funds have recently modified their holdings of EOG. World Investment Advisors LLC purchased a new stake in EOG Resources in the 3rd quarter worth about $730,000. Mountain Lake Investment Management LLC purchased a new stake in shares of EOG Resources in the fourth quarter worth approximately $735,000. Oak Ridge Investments LLC boosted its holdings in shares of EOG Resources by 5.9% during the fourth quarter. Oak Ridge Investments LLC now owns 41,274 shares of the energy exploration company’s stock worth $5,059,000 after purchasing an additional 2,311 shares during the period. Tobam purchased a new position in EOG Resources during the fourth quarter valued at approximately $352,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in EOG Resources by 161.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,487 shares of the energy exploration company’s stock worth $550,000 after buying an additional 2,773 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. StockNews.com lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. UBS Group dropped their price target on shares of EOG Resources from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Tuesday, March 4th. Raymond James reissued a “strong-buy” rating and issued a $140.00 price objective on shares of EOG Resources in a report on Monday, April 21st. KeyCorp cut their target price on EOG Resources from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Monday, April 21st. Finally, Barclays decreased their price target on EOG Resources from $144.00 to $140.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 23rd. Twelve analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, EOG Resources currently has an average rating of “Hold” and an average target price of $141.25.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the sale, the chief operating officer now directly owns 47,732 shares of the company’s stock, valued at $6,098,240.32. This trade represents a 7.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.13% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About EOG Resources

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.