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EOG Resources, Inc. $EOG Shares Acquired by Swiss Life Asset Management Ltd
Swiss Life Asset Management Ltd significantly increased its stake in EOG Resources, Inc., boosting its holdings by 105.4% to 88,863 shares valued at approximately $9.96 million. EOG Resources also reported strong quarterly earnings, beating analyst estimates with $2.27 EPS and $5.64 billion in revenue, and declared a quarterly dividend of $1.02 per share. Despite some insider selling and a “Hold” consensus rating from Wall Street, institutional ownership remains high at 89.91%.