EOG Resources (NYSE:EOG) Price Target Raised to $157.00 at Raymond James Financial

EOG Resources (NYSE:EOG) had its price objective boosted by Raymond James Financial from $153.00 to $157.00 in a research note released on Friday morning,MarketScreener reports. The brokerage currently has a strong-buy rating on the energy exploration company’s stock.

EOG has been the subject of a number of other reports. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $127.00 target price (up from $126.00) on shares of EOG Resources in a research note on Tuesday, January 27th. BMO Capital Markets reduced their price target on EOG Resources from $126.00 to $120.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Barclays decreased 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 note on Wednesday, January 21st. Capital One Financial dropped their price objective on shares of EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Finally, Stephens increased their target price on EOG Resources from $138.00 to $139.00 and gave the company an “equal weight” rating in a report on Thursday. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $134.30.

EOG Resources Stock Performance

EOG opened at $120.85 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.43. EOG Resources has a 1 year low of $101.59 and a 1 year high of $135.87. The firm has a fifty day moving average price of $108.05 and a 200 day moving average price of $111.49. The stock has a market cap of $65.57 billion, a P/E ratio of 12.04 and a beta of 0.49.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On EOG Resources

Institutional investors and hedge funds have recently bought and sold shares of the business. Cullen Capital Management LLC boosted its position in shares of EOG Resources by 4.7% during the 2nd quarter. Cullen Capital Management LLC now owns 576,470 shares of the energy exploration company’s stock worth $68,952,000 after acquiring an additional 25,753 shares in the last quarter. Rockland Trust Co. lifted its stake in EOG Resources by 5.1% during the third quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock worth $27,618,000 after purchasing an additional 11,965 shares during the last quarter. Railway Pension Investments Ltd grew its position in EOG Resources by 6.9% in the second quarter. Railway Pension Investments Ltd now owns 449,100 shares of the energy exploration company’s stock valued at $53,717,000 after acquiring an additional 28,800 shares during the last quarter. AlphaQuest LLC increased its holdings in shares of EOG Resources by 1,413.5% during the third quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock worth $2,863,000 after buying an additional 23,846 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S raised its holdings in EOG Resources by 21.0% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock valued at $7,380,000 after buying an additional 11,442 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

EOG Resources News Roundup

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.

About EOG Resources

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.