EOG Resources (NYSE:EOG – Get Free Report) had its price target raised by equities research analysts at Susquehanna from $170.00 to $187.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “positive” rating on the energy exploration company’s stock. Susquehanna’s price target indicates a potential upside of 18.56% from the stock’s previous close.
Several other brokerages have also recently weighed in on EOG. JPMorgan Chase & Co. reduced their price objective on shares of EOG Resources from $148.00 to $142.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 30th. Morgan Stanley raised their target price on EOG Resources from $157.00 to $163.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 15th. Freedom Capital downgraded EOG Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Zacks Research raised EOG Resources from a “hold” rating to a “strong-buy” rating in a report on Friday. Finally, Barclays set a $147.00 price target on EOG Resources and gave the company an “equal weight” rating in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat.com, EOG Resources has a consensus rating of “Hold” and an average target price of $161.24.
Get Our Latest Research Report on EOG
EOG Resources Trading Down 0.2%
EOG opened at $157.73 on Tuesday. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $159.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The firm has a market capitalization of $82.73 billion, a price-to-earnings ratio of 12.27, a PEG ratio of 0.57 and a beta of 0.36. The company’s 50 day moving average price is $146.30 and its two-hundred day moving average price is $140.31.
EOG Resources (NYSE:EOG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.10. The firm had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The company’s revenue was up 57.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.32 EPS. As a group, research analysts predict that EOG Resources will post 17.48 earnings per share for the current year.
Insiders Place Their Bets
In other EOG Resources news, CEO Ezra Y. Yacob sold 35,942 shares of EOG Resources stock in a transaction on Monday, August 24th. The shares were sold at an average price of $152.10, for a total value of $5,466,778.20. Following the completion of the sale, the chief executive officer directly owned 242,451 shares of the company’s stock, valued at approximately $36,876,797.10. The trade was a 12.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael P. Donaldson sold 7,336 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $148.00, for a total value of $1,085,728.00. Following the transaction, the executive vice president directly owned 100,558 shares in the company, valued at approximately $14,882,584. This trade represents a 6.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 52,317 shares of company stock worth $7,823,480. Company insiders own 0.14% of the company’s stock.
Hedge Funds Weigh In On EOG Resources
Institutional investors have recently modified their holdings of the company. SJS Investment Consulting Inc. increased its stake in EOG Resources by 225.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock valued at $26,000 after purchasing an additional 124 shares in the last quarter. Byrne Asset Management LLC grew its holdings in shares of EOG Resources by 469.4% during the third quarter. Byrne Asset Management LLC now owns 205 shares of the energy exploration company’s stock valued at $29,000 after buying an additional 169 shares during the last quarter. Financial Life Planners acquired a new position in shares of EOG Resources during the first quarter valued at about $30,000. Wedbush Fund Advisers LLC bought a new stake in shares of EOG Resources during the second quarter worth about $31,000. Finally, Global Assets Advisory LLC acquired a new stake in shares of EOG Resources in the 1st quarter worth about $37,000. 89.91% of the stock is owned by institutional investors and hedge funds.
EOG Resources News Summary
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: EOG’s earnings momentum remains a key catalyst. Recent quarterly results surpassed analyst expectations, while production gains in important basins, efficient asset utilization and disciplined execution have contributed to repeated upward revisions to earnings estimates. What EOG Resources Earnings Beat Means for Shareholders
- Positive Sentiment: BMO Capital raised its price target for EOG to $175 from $170, implying additional potential upside from recent trading levels. EOG was also added to multiple Zacks Rank #1 Strong Buy lists covering growth, value and momentum stocks. BMO Capital Raises EOG Price Target
- Positive Sentiment: Higher crude prices are supporting the sector outlook. Oil prices have risen sharply in 2026 amid Middle East tensions, while EOG and other Permian producers are benefiting from drilling technology, lower development costs and controlled capital spending. Buy Oil Explorers to Benefit From Higher Crude Prices
- Neutral Sentiment: With EOG near a 52-week high after strong recent returns, investors are weighing whether the company’s growth prospects justify the current valuation. Analysts remain constructive, but the shares may need continued earnings growth and favorable commodity prices to sustain momentum. Is EOG Resources Still Cheap?
- Negative Sentiment: A discounted-cash-flow analysis raises the possibility that EOG is trading below or near fair value after its long advance, shifting investor focus from past gains to the cash the business can generate going forward. That valuation debate is the clearest near-term pressure on the stock. EOG Stock May Trade Below Fair Value
EOG Resources Company Profile
EOG Resources, Inc is an independent exploration and production company engaged in finding, developing, producing and marketing crude oil, natural gas liquids and natural gas. Its operations focus on large, high-quality onshore and international assets, supported by technical expertise in horizontal drilling and hydraulic fracturing.
The company’s principal U.S. activities are concentrated in major shale and onshore plays, including the Delaware Basin, Eagle Ford and other producing regions in Texas and the Rocky Mountains.
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