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StocksMedium•11 February 2026•

1 min read

ABC Arbitrage SA Acquires $3.04M Position in EOG Resources Amid Mixed Signals

ABC Arbitrage SA acquired 27,117 new shares in EOG Resources, Inc. (NYSE:EOG) during the third quarter, valued at approximately $3.04 million. This acquisition marks a new position for the firm as part of its portfolio management strategy. Despite this new institutional investment, EOG Resources experienced some insider selling by its Chief Operating Officer, Jeffrey R. Leitzell. The company, however, maintains a robust institutional ownership of 89.91%, indicating strong confidence from major investors. Analysts currently hold a consensus "Hold" rating for EOG Resources stock, with an average price target set at $134.07. These developments collectively reflect ongoing institutional interest in the company, alongside a cautious assessment from financial analysts.