EOG Resources (NYSE:EOG) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

EOG Resources (NYSE:EOG) had its price objective upped by equities research analysts at BMO Capital Markets from $120.00 to $140.00 in a research note issued on Tuesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the energy exploration company’s stock. BMO Capital Markets’ target price indicates a potential upside of 9.37% from the company’s previous close.

A number of other research analysts also recently weighed in on the company. The Goldman Sachs Group cut their price objective on EOG Resources from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Thursday, January 22nd. Royal Bank Of Canada set a $138.00 price target on EOG Resources and gave the company an “outperform” rating in a report on Tuesday, January 13th. Wells Fargo & Company reissued an “overweight” rating and issued a $127.00 price target (up from $126.00) on shares of EOG Resources in a research report on Tuesday, January 27th. Mizuho set a $134.00 price objective on shares of EOG Resources and gave the stock a “neutral” rating in a report on Friday, December 12th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $126.00 target price (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $135.15.

EOG Resources Price Performance

EOG stock opened at $128.01 on Tuesday. The firm has a market cap of $68.68 billion, a PE ratio of 14.05 and a beta of 0.44. EOG Resources has a 1 year low of $101.59 and a 1 year high of $131.32. The company has a fifty day simple moving average of $112.67 and a 200 day simple moving average of $111.93. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping the consensus estimate of $2.20 by $0.07. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The firm had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.36 billion. During the same period in the prior year, the business posted $2.74 earnings per share. The business’s quarterly revenue was up .9% on a year-over-year basis. Sell-side analysts anticipate that EOG Resources will post 11.47 EPS for the current fiscal year.

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the sale, the chief operating officer directly owned 61,481 shares of the company’s stock, valued at $7,685,125. This represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 7,774 shares of company stock worth $945,895. 0.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EOG Resources

Hedge funds have recently made changes to their positions in the stock. Hemington Wealth Management lifted its position in shares of EOG Resources by 7.2% in the 3rd quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock worth $155,000 after acquiring an additional 93 shares during the period. Bollard Group LLC raised its stake in shares of EOG Resources by 0.8% in the third quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock valued at $1,317,000 after purchasing an additional 93 shares in the last quarter. apricus wealth LLC raised its stake in shares of EOG Resources by 5.0% in the third quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock valued at $224,000 after purchasing an additional 95 shares in the last quarter. Sowell Financial Services LLC lifted its position in EOG Resources by 1.6% in the third quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock worth $699,000 after purchasing an additional 96 shares during the period. Finally, Hardy Reed LLC boosted its stake in EOG Resources by 4.5% during the third quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after buying an additional 97 shares in the last quarter. 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: BMO Capital Markets raised its price target to $140 and maintained an “outperform” rating, signaling roughly 9% upside vs. the current level. BMO Capital PT Raise
• Positive Sentiment: UBS raised its price target to $149 and kept a “buy” rating — a larger implied upside (~16%) that can support further buying interest. UBS PT Raise
• Positive Sentiment: Zacks Research upgraded EOG from “strong sell” to “hold,” reducing a negative analyst stance and removing a potential headwind to sentiment. Zacks Upgrade
• Neutral Sentiment: Coverage and commentary note recent share-price momentum (double-digit moves over 1–3 months) and ask whether valuation now matches fundamentals — this keeps EOG on investors’ radar but is mixed for near-term direction. Valuation Analysis
• Neutral Sentiment: Management presented at the Raymond James institutional conference (transcript available), providing investor access to strategy and execution commentary — useful for longer-term conviction but not an immediate catalyst. Conference Transcript
• Neutral Sentiment: Finance press pieces discuss relative performance vs. the Dow and broader energy/LNG sector headlines (e.g., Venture Global results) — useful context but not directly company-specific catalysts. Performance Discussion Sector Headline
• Negative Sentiment: COO Jeffrey R. Leitzell sold 2,000 shares on March 3 at an average $130 and 1,774 shares on March 2 at $126.57, trimming his stake by ~2% across the two trades. Insider sales can be viewed negatively by some investors, though the sizes are modest relative to his remaining holdings. SEC Filing

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.