Ieq Capital LLC Buys 61,096 Shares of EOG Resources, Inc. $EOG

Ieq Capital LLC lifted its stake in EOG Resources, Inc. (NYSE:EOG) by 118.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 112,679 shares of the energy exploration company’s stock after purchasing an additional 61,096 shares during the period. Ieq Capital LLC’s holdings in EOG Resources were worth $14,618,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in EOG Resources during the 2nd quarter worth $5,905,587,000. Bank of New York Mellon Corp acquired a new stake in shares of EOG Resources in the 2nd quarter valued at $654,899,000. Deutsche Bank AG acquired a new stake in shares of EOG Resources in the 2nd quarter valued at $251,102,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of EOG Resources during the second quarter worth $168,029,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of EOG Resources by 898.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,420,839 shares of the energy exploration company’s stock worth $205,411,000 after acquiring an additional 1,278,555 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Up 0.6%

NYSE:EOG opened at $153.06 on Friday. 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, Inc. has a 12-month low of $101.59 and a 12-month high of $153.67. The stock’s fifty day simple moving average is $138.75 and its 200-day simple moving average is $135.00. The firm has a market capitalization of $80.28 billion, a P/E ratio of 11.91, a P/E/G ratio of 0.57 and a beta of 0.25.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.10. EOG Resources had a return on equity of 23.44% and a net margin of 25.44%.The business had revenue of $8.62 billion during the quarter, compared to the consensus estimate of $8.04 billion. During the same quarter in the prior year, the company posted $2.32 earnings per share. The firm’s revenue was up 57.4% on a year-over-year basis. Equities research analysts expect that EOG Resources, Inc. will post 16.87 earnings per share for the current year.

EOG Resources Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently issued reports on EOG. Truist Financial raised their price target on EOG Resources from $134.00 to $153.00 and gave the company a “hold” rating in a report on Thursday, August 6th. Stephens dropped their price objective on EOG Resources from $170.00 to $167.00 in a report on Wednesday, May 6th. JPMorgan Chase & Co. cut their target price on shares of EOG Resources from $148.00 to $142.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. DA Davidson raised their target price on shares of EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, UBS Group lowered their price target on shares of EOG Resources from $168.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seventeen have given a Hold rating to the stock. According to MarketBeat.com, EOG Resources currently has a consensus rating of “Hold” and an average price target of $155.41.

Trending Headlines about EOG Resources

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.