EOG Resources (NYSE:EOG) Given New $144.00 Price Target at Piper Sandler

EOG Resources (NYSE:EOG) had its price target boosted by Piper Sandler from $127.00 to $144.00 in a research report sent to investors on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the energy exploration company’s stock.

Other analysts have also issued research reports about the company. KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Susquehanna lowered their price target on EOG Resources from $151.00 to $144.00 and set a “positive” rating for the company in a research report on Thursday, February 26th. BMO Capital Markets lifted their price objective on EOG Resources from $120.00 to $140.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Barclays cut their price objective on EOG Resources from $136.00 to $133.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 21st. Finally, Capital One Financial decreased their target price on EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $136.42.

EOG Resources Price Performance

Shares of EOG opened at $133.09 on Thursday. EOG Resources has a 1-year low of $101.59 and a 1-year high of $136.14. The stock has a market cap of $71.40 billion, a PE ratio of 14.61 and a beta of 0.44. The firm has a 50-day simple moving average of $115.88 and a two-hundred day simple moving average of $112.51. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.36 billion. During the same period in the previous year, the firm earned $2.74 EPS. The business’s 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.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the completion of the transaction, the chief operating officer directly owned 61,481 shares of the company’s stock, valued at $7,685,125. The trade was a 3.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 7,774 shares of company stock valued at $945,895 in the last ninety days. Company insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On EOG Resources

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Acumen Wealth Advisors LLC purchased a new stake in shares of EOG Resources during the fourth quarter worth approximately $25,000. Prosperity Bancshares Inc purchased a new position in EOG Resources in the fourth quarter worth approximately $26,000. JCIC Asset Management Inc. purchased a new position in EOG Resources in the third quarter worth approximately $32,000. Gen Wealth Partners Inc acquired a new position in EOG Resources during the 4th quarter worth approximately $30,000. Finally, Nemes Rush Group LLC acquired a new position in EOG Resources during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Key Headlines Impacting EOG Resources

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

• Positive Sentiment: Piper Sandler raised its price target to $144 (neutral rating), signaling incremental upside vs. the market and supporting today’s buying interest. Benzinga
• Positive Sentiment: Reuters/Yahoo reports that EOG beat Q4 profit projections thanks to solid production (≈1.40 MMboe/d in Q4) and higher natural gas prices — fundamentals that boost near‑term cash flow and justify higher analyst targets. EOG Surpasses Profit Projections
• Positive Sentiment: Wolfe Research raised its price target to $152, a bullish signal that likely contributed to recent upside and a new 12‑month high following the upgrade. Wolfe Research Raises PT
• Neutral Sentiment: Zacks issued a series of mixed estimate revisions — raising some mid/late‑cycle quarter estimates (e.g., Q3/Q4 2027, Q4 2026) while keeping a “Hold” rating, which suggests analysts see solid longer‑run cash generation but are cautious on near‑term visibility.
• Negative Sentiment: Zacks cut several near‑term estimates (Q1 and Q2 2026) and materially lowered FY2026 EPS from prior levels (to $7.56), which is a negative signal for short‑term earnings expectations and could cap further multiple expansion if sustained.

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.