Commerce Bank Has $16.12 Million Stock Position in EOG Resources, Inc. $EOG

Key Points

• Commerce Bank increased its EOG Resources position by 22.4% in the second quarter, bringing its holdings to 124,284 shares valued at approximately $16.12 million. Institutional investors and hedge funds collectively own 89.91% of EOG’s stock.
• EOG reported quarterly EPS of $5.07, beating estimates of $4.97, while revenue rose 57.4% year over year to $8.62 billion. The company also announced a quarterly dividend of $1.02 per share, or $4.08 annually, representing a 2.7% yield.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $155.41; targets range from $129 to $183. EOG shares opened at $153.06, near their 52-week high.

Commerce Bank boosted its holdings in EOG Resources, Inc. (NYSE:EOG - Free Report) by 22.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,284 shares of the energy exploration company's stock after buying an additional 22,738 shares during the period. Commerce Bank's holdings in EOG Resources were worth $16,123,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EOG. Acumen Wealth Advisors LLC bought a new stake in shares of EOG Resources in the fourth quarter valued at approximately $25,000. SJS Investment Consulting Inc. increased its position in EOG Resources by 225.5% during the first quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company's stock worth $26,000 after acquiring an additional 124 shares during the period. Prosperity Bancshares Inc bought a new position in EOG Resources during the fourth quarter worth $26,000. Nemes Rush Group LLC bought a new position in EOG Resources during the fourth quarter worth $30,000. Finally, Financial Life Planners acquired a new position in EOG Resources during the 1st quarter valued at $30,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Stock Up 0.6%

Shares of EOG stock opened at $153.06 on Friday. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $153.67. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The stock has a fifty day moving average price of $138.75 and a 200 day moving average price of $135.00. The stock has a market cap of $80.28 billion, a P/E ratio of 11.91, a price-to-earnings-growth ratio of 0.57 and a beta of 0.25.

EOG Resources (NYSE:EOG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.10. The firm had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The business's revenue for the quarter was up 57.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.32 EPS. Analysts predict that EOG Resources, Inc. will post 16.87 earnings per share for the current year.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, October 16th. EOG Resources's payout ratio is 31.75%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. The Goldman Sachs Group reduced their price target on shares of EOG Resources from $139.00 to $129.00 and set a "neutral" rating for the company in a report on Tuesday, June 30th. Truist Financial upped their price objective on shares of EOG Resources from $134.00 to $153.00 and gave the company a "hold" rating in a research report on Thursday, August 6th. Susquehanna reiterated a "positive" rating and issued a $170.00 target price (up from $166.00) on shares of EOG Resources in a research note on Tuesday, July 21st. Raymond James Financial reissued a "strong-buy" rating and set a $183.00 target price on shares of EOG Resources in a research report on Monday, August 3rd. Finally, Zacks Research lowered EOG Resources from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seventeen have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $155.41.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Higher earnings estimates: Zacks Research raised its forecasts for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, fiscal 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, third-quarter 2027 EPS to $3.35 from $3.03, and fiscal 2027 EPS to $14.03 from $13.05. These revisions indicate stronger projected profitability across several periods. MarketBeat EOG estimates
• Positive Sentiment: Value appeal: Zacks highlighted EOG as a strong value stock, which may attract investors seeking a relatively inexpensive energy producer with earnings support. The company’s reported valuation metrics include a P/E ratio near 12 and a price-to-earnings-growth ratio below 1. Here's Why EOG Resources Is a Strong Value Stock
• Neutral Sentiment: Upcoming earnings focus: Analysts have published predictions for EOG’s fourth-quarter results. The estimates could influence the stock as investors assess commodity prices, production trends and the sustainability of recent earnings strength. Analysts Offer Predictions for EOG Resources Q4 Earnings
• Negative Sentiment: Longer-term estimate reduction: Zacks cut its second-quarter 2028 EPS forecast to $3.10 from $3.49, signaling some concern about earnings normalization beyond fiscal 2027. Zacks continues to rate EOG “Hold,” tempering the bullish impact of the other estimate increases. MarketBeat EOG estimates

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.

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