EOG Resources, Inc. $EOG Shares Acquired by Wesbanco Bank Inc.

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

A number of other hedge funds and other institutional investors have also made changes to their positions in EOG. JCIC Asset Management Inc. acquired a new stake in shares of EOG Resources during the 3rd quarter worth approximately $32,000. Olistico Wealth LLC acquired a new stake in shares of EOG Resources during the 4th quarter worth approximately $33,000. Physician Wealth Advisors Inc. increased its holdings in shares of EOG Resources by 103.0% during the 4th quarter. Physician Wealth Advisors Inc. now owns 335 shares of the energy exploration company’s stock worth $35,000 after buying an additional 170 shares during the last quarter. Mountain Hill Investment Partners Corp. acquired a new stake in shares of EOG Resources during the 3rd quarter worth approximately $37,000. Finally, Quent Capital LLC acquired a new stake in shares of EOG Resources during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Ratings Changes

EOG has been the subject of a number of recent analyst reports. Jefferies Financial Group raised their price target on shares of EOG Resources from $146.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Citigroup cut their price target on shares of EOG Resources from $150.00 to $142.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Susquehanna raised their price target on shares of EOG Resources from $144.00 to $162.00 and gave the stock a “positive” rating in a report on Tuesday, April 21st. Wall Street Zen upgraded shares of EOG Resources from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Williams Trading set a $177.00 target price on shares of EOG Resources in a report on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $154.59.

EOG Resources News Roundup

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

Insider Activity at EOG Resources

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

EOG Resources Stock Performance

Shares of EOG stock opened at $129.92 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.72 and a debt-to-equity ratio of 0.26. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $151.87. The stock has a market capitalization of $69.20 billion, a PE ratio of 12.79, a P/E/G ratio of 1.62 and a beta of 0.27. The firm has a 50 day moving average of $135.67 and a two-hundred day moving average of $118.32.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, beating the consensus estimate of $3.23 by $0.18. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The company had revenue of $6.92 billion during the quarter, compared to analysts’ expectations of $6.18 billion. During the same quarter last year, the company posted $2.87 EPS. The firm’s revenue was up 22.1% compared to the same quarter last year. On average, research analysts predict that EOG Resources, Inc. will post 14.81 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio (DPR) is currently 40.16%.

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.