Wesbanco Bank Inc. Boosts Stake in EOG Resources, Inc. $EOG

Wesbanco Bank Inc. lifted its position in shares of EOG Resources, Inc. (NYSE:EOG) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,565 shares of the energy exploration company’s stock after acquiring an additional 7,569 shares during the quarter. Wesbanco Bank Inc.’s holdings in EOG Resources were worth $13,816,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EOG. Sivia Capital Partners LLC purchased a new stake in shares of EOG Resources during the 2nd quarter worth about $258,000. Quantbot Technologies LP purchased a new stake in shares of EOG Resources during the 2nd quarter worth about $349,000. Gamco Investors INC. ET AL boosted its stake in shares of EOG Resources by 216.1% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock worth $785,000 after acquiring an additional 4,485 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of EOG Resources by 2.0% during the 2nd quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock worth $2,725,000 after acquiring an additional 444 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of EOG Resources by 4.4% during the 2nd quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock worth $43,356,000 after acquiring an additional 15,250 shares in the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

EOG Resources Stock Down 0.7%

EOG opened at $129.92 on Friday. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $151.87. The company has a quick ratio of 1.42, a current ratio of 1.72 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average price of $135.67 and a 200 day moving average price of $118.32. The company has a market cap of $69.20 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 1.62 and a beta of 0.27.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. The company had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. EOG Resources’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.87 EPS. Sell-side analysts expect that EOG Resources, Inc. will post 14.81 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. EOG Resources’s dividend payout ratio (DPR) is presently 40.16%.

Key Stories Impacting EOG Resources

Here are the key news stories impacting EOG Resources this week:

• Positive Sentiment: DA Davidson raised its price target on EOG Resources to $153 and reiterated a buy rating, signaling confidence in the company’s upside potential. EOG Resources (NYSE:EOG) Given New $153.00 Price Target at DA Davidson
• Positive Sentiment: JPMorgan and Truist both lifted their price targets on EOG, with JPMorgan increasing its target to $148 and Truist to $149, reflecting continued analyst optimism even though Truist kept a hold rating. JPMorgan adjusts price target on EOG Resources to 148 from 145 EOG Resources price target raised by Truist Financial Corporation
• Positive Sentiment: EOG reported better-than-expected first-quarter earnings and revenue, driven by strong output growth, and highlighted $1.49 billion in free cash flow along with dividends, buybacks, and a liquids-focused outlook. EOG Q1 Earnings & Revenues Beat Estimates on Strong Output Growth
• Neutral Sentiment: Some firms were more cautious: Stephens trimmed its target slightly to $167, and Scotiabank maintained a hold rating, while another note flagged rising 2026 capex as a potential free-cash-flow risk. Stephens adjusts price target on EOG Resources to 167 from 170 Scotiabank Keeps Their Hold Rating on EOG Resources EOG Resources’ Rising Capex in 2026 Raises Free Cash Flow and Shareholder Return Risks
• Positive Sentiment: Additional commentary around EOG’s 2026 plan for $8.5 billion in free cash flow and at least 70% shareholder returns has also reinforced the bullish backdrop for the stock. EOG outlines 2026 plan for $8.5B free cash flow while targeting at least 70 percent returns

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EOG shares. Stephens lowered their target price on shares of EOG Resources from $170.00 to $167.00 in a research note on Wednesday. Barclays increased their target price on shares of EOG Resources from $133.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Monday, March 16th. Sanford C. Bernstein increased their target price on shares of EOG Resources from $126.00 to $167.00 and gave the stock a “market perform” rating in a research note on Monday, April 13th. Raymond James Financial upped their price target on shares of EOG Resources from $157.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 27th. Finally, The Goldman Sachs Group upped their price target on shares of EOG Resources from $133.00 to $135.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seventeen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EOG Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.59.

Insider Buying and Selling

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares in the company, valued at $14,038,449.84. This represents a 3.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the company’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the sale, the chief operating officer owned 88,045 shares of the company’s stock, valued at approximately $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 18,230 shares of company stock worth $2,522,568. 0.14% of the stock is currently owned by company insiders.

EOG Resources Profile

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.