EOG Resources (NYSE:EOG) Price Target Raised to $147.00 at Piper Sandler

EOG Resources (NYSE:EOG) had its target price hoisted by analysts at Piper Sandler from $144.00 to $147.00 in a report issued on Wednesday,MarketScreener reports. The firm presently has a “neutral” rating on the energy exploration company’s stock. Piper Sandler’s price target indicates a potential upside of 5.29% from the company’s current price.

A number of other research analysts have also recently commented on EOG. Morgan Stanley upped their price target on shares of EOG Resources from $128.00 to $155.00 and gave the stock an “equal weight” rating in a report on Friday, March 27th. Johnson Rice lowered their price objective on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a research report on Friday, December 5th. Sanford C. Bernstein restated 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. KeyCorp lowered shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Finally, Wolfe Research lifted their price target on shares of EOG Resources from $140.00 to $152.00 in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have given a Hold rating to the company. According to MarketBeat.com, EOG Resources currently has an average rating of “Hold” and an average target price of $145.04.

EOG Resources Trading Down 3.4%

Shares of EOG stock traded down $4.96 on Wednesday, reaching $139.61. 2,130,647 shares of the company’s stock were exchanged, compared to its average volume of 5,344,823. The company’s fifty day simple moving average is $124.99 and its 200 day simple moving average is $114.21. EOG Resources has a 52 week low of $101.59 and a 52 week high of $151.87. 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 stock has a market capitalization of $74.79 billion, a PE ratio of 15.35, a P/E/G ratio of 3.12 and a beta of 0.44.

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

Insider Activity

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the transaction, the chief operating officer owned 61,481 shares of the company’s stock, valued at approximately $7,685,125. This trade represents a 3.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 12,532 shares of company stock worth $1,666,045. 0.13% of the stock is owned by company insiders.

Institutional Trading of EOG Resources

A number of hedge funds have recently bought and sold shares of the stock. Sivia Capital Partners LLC bought a new stake in EOG Resources during the second quarter valued at about $258,000. Scotia Capital Inc. raised its holdings in EOG Resources by 57.6% in the second quarter. Scotia Capital Inc. now owns 3,367 shares of the energy exploration company’s stock worth $403,000 after purchasing an additional 1,231 shares in the last quarter. Quantbot Technologies LP bought a new position in EOG Resources in the second quarter worth about $349,000. Beacon Pointe Advisors LLC lifted its position in shares of EOG Resources by 4.6% during the second quarter. Beacon Pointe Advisors LLC now owns 47,150 shares of the energy exploration company’s stock valued at $5,640,000 after buying an additional 2,082 shares during the last quarter. Finally, Nicolet Bankshares Inc. boosted its holdings in shares of EOG Resources by 2.3% in the 2nd quarter. Nicolet Bankshares Inc. now owns 6,566 shares of the energy exploration company’s stock valued at $785,000 after buying an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources News Summary

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

• Positive Sentiment: Citigroup raised EOG’s price target to $150 (from $115) while keeping a “neutral” rating — a materially higher target that suggests upside vs. the current price and likely helped recent buying and the stock’s run to a 52‑week high. Article Title
• Positive Sentiment: Mizuho raised its price target (to $147) and cited a stronger EBITDA outlook — this upgrade on fundamentals supports medium‑term value expectations for EOG. Article Title
• Positive Sentiment: Analyst estimate revisions and Zacks coverage point to rising earnings expectations for EOG, which can support further gains if energy prices stabilize. Article Title
• Neutral Sentiment: Brokerage consensus remains clustered around “hold” for EOG, indicating analysts see limited near‑term directional conviction despite raised targets. Article Title
• Neutral Sentiment: Coverage notes and momentum articles highlight EOG as a strong momentum name after upgrades — helpful for retail/institutional interest but not a direct earnings catalyst. Article Title
• Negative Sentiment: Global crude fell sharply (Brent below $100, WTI down ~4–5%) after comments suggesting the Middle East war might ease; lower oil prices directly reduce near‑term revenue and margin outlooks for producers like EOG. Article Title

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.