EOG Resources, Inc. $EOG Stake Raised by Danske Bank A S

Danske Bank A S raised its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 22.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 33,417 shares of the energy exploration company’s stock after purchasing an additional 6,121 shares during the period. Danske Bank A S’s holdings in EOG Resources were worth $4,335,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Acumen Wealth Advisors LLC acquired a new stake in shares of EOG Resources in the fourth quarter worth $25,000. SJS Investment Consulting Inc. raised its holdings in EOG Resources by 225.5% in the 1st 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 period. Prosperity Bancshares Inc bought a new position in EOG Resources in the 4th quarter worth $26,000. Nemes Rush Group LLC acquired a new position in EOG Resources during the 4th quarter worth $30,000. Finally, Financial Life Planners bought a new stake in EOG Resources during the first quarter valued at about $30,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on EOG. Citigroup cut their price objective on EOG Resources from $147.00 to $141.00 and set a “neutral” rating for the company in a research report on Wednesday, July 8th. Stephens cut their price target on EOG Resources from $170.00 to $167.00 in a report on Wednesday, May 6th. Barclays set a $147.00 price objective on EOG Resources and gave the company an “equal weight” rating in a research report on Monday. Susquehanna restated a “positive” rating and issued a $170.00 price objective (up from $166.00) on shares of EOG Resources in a research note on Tuesday, July 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $175.00 target price (up from $170.00) on shares of EOG Resources in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat, EOG Resources currently has a consensus rating of “Hold” and an average price target of $155.41.

EOG Resources Stock Up 0.6%

EOG stock opened at $153.06 on Friday. The company has a market cap of $80.28 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 0.56 and a beta of 0.25. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $153.67. The business has a 50 day moving average price of $138.75 and a two-hundred day moving average price of $135.00. The company has a quick ratio of 1.68, a current ratio of 1.85 and a debt-to-equity ratio of 0.25.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.97 by $0.10. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The company had revenue of $8.62 billion for the quarter, compared to analysts’ expectations of $8.04 billion. During the same period in the prior year, the firm earned $2.32 EPS. EOG Resources’s quarterly revenue was up 57.4% compared to the same quarter last year. Analysts anticipate that EOG Resources, Inc. will post 16.87 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors 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 dividend payout ratio is 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

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.