EOG Resources Shares Acquired by Gradient Investments

Institutional investor Gradient Investments LLC increased its stake in the energy exploration company by over 4,300%.

Mar. 24, 2026 at 10:07am

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Gradient Investments LLC grew its stake in EOG Resources, Inc. (NYSE:EOG) by 4,333.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor now owns 130,568 shares of the energy exploration company's stock, worth $13.7 million as of the latest SEC filing.

Why it matters

EOG Resources is one of the largest U.S. upstream oil and gas producers, focused on exploration, development, and production of crude oil, natural gas, and natural gas liquids. The significant increase in Gradient Investments' stake suggests the firm sees strong growth potential in EOG's business.

The details

Gradient Investments LLC purchased an additional 127,623 shares of EOG Resources in the fourth quarter, bringing its total holdings to 130,568 shares. This represents a 4,333.5% increase in the firm's stake in the energy company. EOG Resources' stock has risen over 20% in the past year as oil and gas prices have rebounded.

  • Gradient Investments LLC disclosed its increased stake in EOG Resources in a filing with the SEC on March 24, 2026.

The players

Gradient Investments LLC

An institutional investor that manages assets for clients and has significantly increased its stake in EOG Resources.

EOG Resources, Inc.

A major independent exploration and production company focused on crude oil, natural gas, and natural gas liquids.

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The takeaway

Gradient Investments' large increase in its EOG Resources holdings suggests the firm sees strong growth potential in the energy company's business, which could signal positive momentum for the stock going forward.