EOG Resources, Inc. (NYSE:EOG) Shares Sold by Acadian Asset Management LLC

EOG Resources, Inc. is an independent oil and gas exploration and production company based in Houston, Texas. The company operates in various regions across the United States, including the Permian Basin, Bakken Shale, and Marcellus Shale.

Acadian Asset Management LLC is a financial services firm that provides investment management services to institutional clients, including pension funds, endowments, and foundations. The company is based in New Orleans, Louisiana.

On March 10, 2023, Acadian Asset Management LLC announced that it had sold approximately 5.7 million shares of EOG Resources, Inc. common stock for a total price of $498.6 million. The sale represented approximately 0.6% of EOG Resources, Inc.'s outstanding common stock as of March 10, 2023.

EOG Resources, Inc.'s stock is listed on the New York Stock Exchange under the symbol "EOG." As of March 10, 2023, the company's market capitalization was approximately $54.7 billion. The sale of shares by Acadian Asset Management LLC did not affect EOG Resources, Inc.'s operations or financial performance.