EOG Resources (NYSE:EOG) Price Target Raised to $154.00

EOG Resources (NYSE:EOGFree Report) had its price objective increased by Wolfe Research from $152.00 to $154.00 in a research note released on Monday morning,MarketScreener reports. They currently have an outperform rating on the energy exploration company’s stock.

A number of other analysts have also issued reports on EOG. Capital One Financial lifted their price target on shares of EOG Resources from $130.00 to $161.00 and gave the stock an “overweight” rating in a research note on Thursday, March 26th. KeyCorp lowered shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Susquehanna dropped their price target on shares of EOG Resources from $151.00 to $144.00 and set a “positive” rating for the company in a research note on Thursday, February 26th. The Goldman Sachs Group dropped their price target on shares of EOG Resources from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. Finally, Raymond James Financial boosted their target price on shares of EOG Resources from $157.00 to $185.00 and gave the company a “strong-buy” rating in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have issued a Hold rating to the company. Based on data from MarketBeat, EOG Resources has an average rating of “Hold” and a consensus target price of $148.11.

Read Our Latest Stock Report on EOG Resources

EOG Resources Stock Down 3.6%

Shares of NYSE:EOG opened at $139.04 on Monday. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The company has a fifty day simple moving average of $129.04 and a 200 day simple moving average of $115.23. The firm has a market cap of $74.49 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of 3.03 and a beta of 0.32. EOG Resources has a 12-month low of $101.59 and a 12-month high of $151.87.

EOG Resources (NYSE:EOGGet Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.07. The business had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.74 earnings per share. On average, equities research analysts anticipate that EOG Resources will post 11.47 EPS for the current fiscal year.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a dividend of $1.02 per share. The ex-dividend date is Thursday, April 16th. This represents a $4.08 annualized dividend and a yield of 2.9%. EOG Resources’s payout ratio is presently 44.79%.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the sale, the chief operating officer owned 88,045 shares in the company, valued at $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the transaction, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 18,230 shares of company stock valued at $2,522,568. 0.13% of the stock is owned by insiders.

Hedge Funds Weigh In On EOG Resources

Several hedge funds and other institutional investors have recently modified their holdings of EOG. Sivia Capital Partners LLC acquired a new position in shares of EOG Resources during the second quarter valued at $258,000. Quantbot Technologies LP acquired a new position in shares of EOG Resources during the second quarter valued at $349,000. Guggenheim Capital LLC boosted its holdings in shares of EOG Resources by 2.5% during the second quarter. Guggenheim Capital LLC now owns 18,122 shares of the energy exploration company’s stock valued at $2,168,000 after acquiring an additional 445 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of EOG Resources by 216.1% during the second quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock valued at $785,000 after acquiring an additional 4,485 shares during the period. Finally, Baker Avenue Asset Management LP boosted its holdings in shares of EOG Resources by 1.1% during the second quarter. Baker Avenue Asset Management LP now owns 73,360 shares of the energy exploration company’s stock valued at $8,775,000 after acquiring an additional 811 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

Key Headlines Impacting EOG Resources

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

  • Positive Sentiment: Wells Fargo raised its price target to $199 and kept an “overweight” rating, implying a large upside vs. the current price. Benzinga
  • Positive Sentiment: Royal Bank of Canada boosted its target to $175 and maintained an “outperform” rating, signaling continued analyst confidence in EOG’s cash-flow leverage to high oil prices. MarketScreener
  • Positive Sentiment: Wolfe Research raised its price target to $154, another upward revision supporting the bullish analyst tone. Wolfe Research Price Target
  • Positive Sentiment: KeyCorp materially raised near- and medium-term EPS forecasts (big increases to Q1–Q4 2026/2027 and FY2026–FY2027), which supports higher intrinsic-value estimates for EOG. (Source: analyst note summarized in market feeds)
  • Positive Sentiment: Coverage pieces and analyst notes highlight that high oil prices (oil > $110) continue to boost EOG’s free cash flow and outlook — a tailwind for valuations and buybacks/dividends. Zacks: Oil Above $110
  • Neutral Sentiment: Zacks Research issued a mix of small adjustments — raising several 2027 quarter and FY estimates while trimming a few 2026 quarter estimates; Zacks still carries a “Hold” stance. This is incremental and mixed for near-term guidance.
  • Neutral Sentiment: Comparison/head-to-head articles (Coterra, U.S. Energy) and sector notes provide context but don’t change EOG’s company-specific fundamentals. Head-to-Head
  • Negative Sentiment: Rotation into other energy names (e.g., Occidental) that have recently outperformed can divert inflows from EOG; sector rotation and short-term profit-taking after EOG’s strong YTD performance are likely contributors to the intraday decline. Occidental Outperforms
  • Negative Sentiment: Some coverage flags risks beneath the rally (e.g., reserve levels, sustainability of 100% free-cash returns), which can prompt cautious positioning among value-focused investors. Zacks: Risks Despite Rally

EOG Resources Company Profile

(Get Free Report)

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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