A flurry of action is taking place across EOG Resources (EOG). Empowered Funds LLC unloaded 71,899 shares, while Advantaged Dis and MBB Public Markets I LLC made significant new investments. ADNOC began drilling at EOG's UAE shale site, and Melius rated EOG a 'buy'. Investment moves by Ascent Group LLC, Great Lakes Advisors LLC, and Sciencast Management LP saw the purchase of a total of 45,949 shares. Everstar Asset Management LLC, CTC Alternative Strategies Ltd., and MIRAE ASSET GLOBAL ETFs HOLDINGS Ltd. also increased their stakes in EOG. A decline came from Meiji Yasuda Asset Management Co Ltd., who decreased their holdings. EOG Resources received heightened interest from Ashton Thomas Private Wealth LLC and several other firms; yet, Gotham Asset Management sold its shares. Strategic expansion, earnings beat, and Q1 feedback positively impacted valuation and perceived potential. However, the Q4 EPS estimate saw a decrease. Continued growth and strategic acquisitions, such as the $5.6 billion Encino deal and shale development in the UAE, fuel optimism. However, EOG underperformed compared to competitors. Amid this, earnings forecasts decelerated, and the companyβs stock rating was lowered by Argus. EOG plans to trim its production and spending targets for 2025. Several company insiders executed significant stock sales amid the turmoil.
Eog Resources EOG News Analytics from Fri, 28 Feb 2025 08:00:00 GMT to Sat, 13 Sep 2025 22:47:13 GMT - Rating 5 - Innovation 7 - Information 8 - Rumor -3
