Raymond James Financial Issues Positive Forecast for EOG Resources (NYSE:EOG) Stock Price

EOG Resources (NYSE:EOG) had its price objective upped by investment analysts at Raymond James Financial from $153.00 to $157.00 in a research note issued on Friday,MarketScreener reports. The brokerage currently has a “strong-buy” rating on the energy exploration company’s stock. Raymond James Financial’s target price points to a potential upside of 29.92% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Royal Bank Of Canada set a $138.00 price target on EOG Resources and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. Zacks Research cut shares of EOG Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Citigroup reiterated a “neutral” rating and issued a $115.00 price target (down from $125.00) on shares of EOG Resources in a research note on Wednesday, December 17th. Barclays lowered their price target on shares of EOG Resources from $136.00 to $133.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 21st. Finally, KeyCorp cut shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, EOG Resources presently has a consensus rating of “Hold” and a consensus price target of $134.30.

EOG Resources Stock Performance

EOG Resources stock opened at $120.85 on Friday. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $135.87. The stock’s 50 day simple moving average is $108.05 and its two-hundred day simple moving average is $111.49. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.62. The stock has a market cap of $65.57 billion, a price-to-earnings ratio of 12.04 and a beta of 0.49.

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the sale, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. This represents a 3.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Acumen Wealth Advisors LLC bought a new stake in shares of EOG Resources during the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd raised its stake in shares of EOG Resources by 10,950.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 221 shares of the energy exploration company’s stock worth $26,000 after purchasing an additional 219 shares during the last quarter. Nemes Rush Group LLC bought a new position in shares of EOG Resources during the fourth quarter valued at $30,000. Gen Wealth Partners Inc purchased a new stake in shares of EOG Resources during the fourth quarter valued at $30,000. Finally, JCIC Asset Management Inc. purchased a new stake in shares of EOG Resources during the third quarter valued at $32,000. Institutional investors own 89.91% of the company’s stock.

More EOG Resources News

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

• Positive Sentiment: Stephens raised its price target to $139 (from $138) and kept an “equal weight” rating — a headline that likely supported buying interest by signaling ~15% upside vs. the current price. Read More. Read More.
• Positive Sentiment: Zacks Research increased its Q1 2026 EPS estimate to $2.69 (from $2.45), a small upward revision that could temper short‑term downside if results track that beat. Read More.
• Positive Sentiment: Zacks also nudged Q2 2026 EPS to $2.10 (from $2.06), another modest upward tweak. Read More.
• Negative Sentiment: Zacks cut multiple quarterly and annual forecasts across 2025–2027 (examples: Q4 2026 to $1.83 from $2.06; Q3/Q4 2027 cuts; FY2027 lowered to $9.31 from $10.41), signaling lower expected earnings and potentially pressuring valuation multiples. Read More.
• Negative Sentiment: Zacks Research currently carries a “Strong Sell” rating on EOG — a notable negative signal that may limit enthusiasm from institutional investors despite the price‑target tweak by Stephens. Read More.

EOG Resources Company 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.