EOG Resources, Inc. $EOG Shares Sold by Dearborn Partners LLC

Key Points

• Dearborn Partners LLC reduced its EOG Resources stake by 17.6% in the fourth quarter, selling 27,265 shares and leaving it with 127,514 shares valued at about $13.39 million.
• Institutional ownership remains heavy, with hedge funds and other institutions holding 89.91% of EOG’s shares; several large managers, including Vanguard and Capital World Investors, increased their positions.
• EOG posted solid operating results and shareholder returns, reporting Q1 adjusted EPS of $3.41, beating estimates, while reaffirming a plan to return at least 70% of annual net cash flow to shareholders through dividends and buybacks.

Dearborn Partners LLC lowered its position in EOG Resources, Inc. (NYSE:EOG - Free Report) by 17.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,514 shares of the energy exploration company's stock after selling 27,265 shares during the quarter. Dearborn Partners LLC's holdings in EOG Resources were worth $13,390,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Capital World Investors increased its position in shares of EOG Resources by 1.4% in the third quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company's stock valued at $6,156,495,000 after buying an additional 782,426 shares in the last quarter. Vanguard Group Inc. increased its position in shares of EOG Resources by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company's stock valued at $5,651,172,000 after buying an additional 446,341 shares in the last quarter. Capital Research Global Investors increased its position in shares of EOG Resources by 0.5% in the third quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company's stock valued at $2,794,784,000 after buying an additional 122,486 shares in the last quarter. Geode Capital Management LLC increased its position in shares of EOG Resources by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 13,046,709 shares of the energy exploration company's stock valued at $1,364,309,000 after buying an additional 95,260 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of EOG Resources by 0.8% in the third quarter. Northern Trust Corp now owns 5,974,950 shares of the energy exploration company's stock valued at $669,911,000 after buying an additional 49,987 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company's stock.

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 5,698 shares of the business's stock in a transaction that occurred on 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 directly owned 88,045 shares in the company, valued at approximately $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Ann D. Janssen sold 4,161 shares of the business's stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer owned 100,246 shares of the company's stock, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,456 shares of company stock valued at $1,788,033 in the last 90 days. 0.14% of the stock is owned by company insiders.

Trending Headlines about EOG Resources

Here are the key news stories impacting EOG Resources this week:

• Positive Sentiment: KeyCorp raised its earnings estimates for EOG’s 2026 quarters and full-year 2026 EPS, which suggests stronger near-term profitability than previously expected.
• Positive Sentiment: Zacks Research also lifted its estimates for late-2027, 2028, and FY2028 earnings, indicating analysts see durable long-term earnings power for EOG.
• Positive Sentiment: EOG reiterated its plan to return at least 70% of annual net cash flow after capex to shareholders through dividends and buybacks, a shareholder-friendly policy that can support the stock. Article: Should EOG’s 70% Cash-Return Pledge Guide Capital Allocation Decisions for EOG (EOG) Investors?
• Neutral Sentiment: The company reported Q1 2026 adjusted EPS of $3.41, supported by higher production and strong cash flow, and said it will keep 2026 spending steady while shifting more capital toward liquids. Article: Should EOG’s 70% Cash-Return Pledge Guide Capital Allocation Decisions for EOG (EOG) Investors?
• Neutral Sentiment: Separately, Zacks highlighted EOG as a strong momentum stock, which may reinforce positive sentiment but does not appear to be a company-specific catalyst by itself. Article: Here's Why EOG Resources (EOG) is a Strong Momentum Stock

Wall Street Analyst Weigh In

EOG has been the subject of a number of research analyst reports. Weiss Ratings upgraded EOG Resources from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, May 13th. Sanford C. Bernstein dropped their price target on EOG Resources from $167.00 to $155.00 and set a "market perform" rating for the company in a research report on Wednesday, May 20th. Wells Fargo & Company set a $196.00 price objective on EOG Resources and gave the stock an "overweight" rating in a research report on Wednesday, May 13th. Raymond James Financial lifted their price objective on EOG Resources from $157.00 to $185.00 and gave the stock a "strong-buy" rating in a research report on Friday, March 27th. Finally, Williams Trading set a $177.00 price objective on EOG Resources in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, EOG Resources presently has an average rating of "Moderate Buy" and an average price target of $156.32.

EOG Resources Trading Down 2.2%

Shares of EOG Resources stock opened at $137.72 on Friday. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87. The firm has a market cap of $73.35 billion, a PE ratio of 13.55 and a beta of 0.25. The business's fifty day moving average is $137.86 and its two-hundred day moving average is $122.81. The company has a quick ratio of 1.53, a current ratio of 1.72 and a debt-to-equity ratio of 0.26.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, topping analysts' consensus estimates of $3.23 by $0.18. The company had revenue of $6.92 billion for the quarter, compared to analyst estimates of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The business's revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.87 EPS. Analysts anticipate that EOG Resources, Inc. will post 16.63 earnings per share for the current year.

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be issued a $1.02 dividend. The ex-dividend date is Friday, July 17th. This represents a $4.08 annualized dividend and a yield of 3.0%. EOG Resources's payout ratio is 40.16%.

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.

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