Energy Stock CEO Waves Goodbye to Nearly 12,000 Shares Valued at $1.8 Million
Disposition was non-discretionary, executed to cover tax withholding from vesting restricted shares. Executive retains direct holdings of 230,542 shares worth $35.4 million.
EOG Resources CEO Ezra Y. Yacob sold 11,908 shares of the company's stock on September 15, 2026, according to a recent SEC Form 4 filing. The transaction, valued at $1.8 million based on the weighted average sale price of $153.74 per share, marked a significant departure for the independent oil and gas exploration and production company.
EOG Resources, with a market capitalization of $76.8 billion and TTM revenues of $26.7 billion, boasts a diversified asset base that spans multiple producing basins in North America and internationally. The company's disciplined capital allocation strategy has provided it with competitive advantages, particularly in commodity price cycles.
Over the past year, EOG Resources' shares have appreciated by 30.8%, and the company reported a robust TTM net income of $6.9 billion, underscoring its operational performance and shareholder value creation in the upstream energy sector.
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