Galvin Gaustad & Stein LLC Trims Stake in EOG Resources

Hedge fund reduces position in major energy exploration company

Apr. 14, 2026 at 8:53am

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An extreme close-up of industrial oil and gas equipment, such as a valve or pipeline, rendered in a cinematic, high-contrast style to represent the financial details behind an institutional investor's portfolio changes.

An institutional investor's reduced stake in a major energy company reflects ongoing portfolio adjustments in the oil and gas sector.Houston Today

Galvin Gaustad & Stein LLC, a financial management firm, reduced its stake in EOG Resources, Inc. (NYSE: EOG) by 13.2% during the fourth quarter, according to a recent 13F filing with the SEC. The firm previously owned 125,629 shares of the energy exploration company's stock, valued at $13.2 million.

Why it matters

This transaction provides insight into the investment strategy and portfolio adjustments of Galvin Gaustad & Stein, a prominent hedge fund. Changes in major institutional holdings can signal broader market trends or shifts in sentiment around specific companies or sectors.

The details

According to the 13F filing, Galvin Gaustad & Stein sold 19,148 shares of EOG Resources during the fourth quarter. The firm now holds 125,629 shares of the energy exploration company, valued at $13.2 million. EOG Resources is a major player in the U.S. upstream oil and gas industry, focusing on the exploration, development and production of crude oil, natural gas and natural gas liquids.

The transaction occurred during the fourth quarter of 2025.

The players