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

EOG Resources, Inc. (NYSE:EOG) COO Jeffrey Leitzell sold 5,698 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

EOG Resources Stock Performance

Shares of NYSE:EOG traded up $1.18 during trading on Thursday, hitting $141.60. The stock had a trading volume of 1,404,588 shares, compared to its average volume of 5,343,901. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87. The stock has a 50-day simple moving average of $125.64 and a two-hundred day simple moving average of $114.40. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $75.86 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 3.10 and a beta of 0.32.

EOG Resources (NYSE:EOG) last issued 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. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.36 billion. During the same quarter in the previous year, the firm posted $2.74 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. On average, equities research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a $1.02 dividend. The ex-dividend date is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s dividend payout ratio is 44.79%.

Analyst Ratings Changes

Several research firms have recently weighed in on EOG. Jefferies Financial Group increased their price target on EOG Resources from $140.00 to $146.00 and gave the company a “buy” rating in a report on Monday, March 2nd. BMO Capital Markets upped their target price on EOG Resources from $140.00 to $160.00 and gave the company an “outperform” rating in a report on Wednesday. Capital One Financial raised their target price on EOG Resources from $130.00 to $161.00 and gave the stock an “overweight” rating in a research note on Thursday, March 26th. Stephens boosted their price target on shares of EOG Resources from $139.00 to $170.00 and gave the company an “equal weight” rating in a research report on Tuesday. Finally, Wolfe Research boosted their price target on shares of EOG Resources from $140.00 to $152.00 in a research report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $145.04.

Institutional Trading of EOG Resources

Several hedge funds have recently modified their holdings of EOG. Acumen Wealth Advisors LLC acquired a new stake in EOG Resources in the fourth quarter valued at approximately $25,000. Prosperity Bancshares Inc purchased a new stake in shares of EOG Resources in the 4th quarter valued at approximately $26,000. JCIC Asset Management Inc. purchased a new stake in shares of EOG Resources in the 3rd quarter valued at approximately $32,000. Gen Wealth Partners Inc acquired a new stake in shares of EOG Resources in the 4th quarter valued at $30,000. Finally, Nemes Rush Group LLC purchased a new stake in shares of EOG Resources during the 4th quarter worth $30,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting EOG Resources

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 — a bullish signal from a major shop that supports upside. Article Title
• Positive Sentiment: Stephens boosted its price target to $170 (now “equal weight”), signaling even larger analyst valuation upside in the near term. Article Title
• Positive Sentiment: Piper Sandler and Mizuho each nudged targets higher (Piper to $147, Mizuho to $147) — incremental analyst upgrades that support the stock’s momentum. Article Title Article Title
• Positive Sentiment: EOG’s Feb quarter beat consensus (reported $2.27 vs. $2.20 est.) and the company shows strong margins and ROE — fundamentals that underpin analyst upgrades and higher earnings estimates. (Company results / consensus figures from recent filings and reporting.)
• Positive Sentiment: Analyst and research pieces highlight rising earnings estimates and momentum for EOG, suggesting further upside if revisions continue. Article Title
• Neutral Sentiment: Broker consensus remains mixed with an average “Hold” rating — analysts differ on valuation vs. near-term oil-price risk. Article Title
• Neutral Sentiment: Trading volume today is well below the stock’s average, and the price sits above its 50- and 200-day moving averages — technicals supportive but liquidity is light (may amplify moves). (Market data context.)
• Negative Sentiment: Crude oil prices fell after reports President Trump said Iran asked for a cease-fire, which reduces the near-term geopolitical risk premium on oil and can weigh on producer revenues and margins. Article Title
• Negative Sentiment: Related coverage showed Brent and WTI sliding below $100 as cease-fire hopes rose — falling oil prices are a direct headwind for EOG’s top line and near-term cash flow. Article Title

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.