EOG Resources (NYSE:EOG) Given New $170.00 Price Target at Stephens

EOG Resources (NYSE:EOG) had its price objective raised by Stephens from $139.00 to $170.00 in a report issued on Tuesday morning,MarketScreener reports. They currently have an equal weight rating on the energy exploration company’s stock.

Several other research analysts have also recently issued reports on the company. Mizuho increased their price target on EOG Resources from $146.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday. Scotiabank raised shares of EOG Resources to a “hold” rating in a research note on Friday, March 27th. UBS Group upped their target price on EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Barclays raised their target price on EOG Resources from $133.00 to $140.00 and gave the company an “equal weight” rating in a research note on Monday, March 16th. Finally, Royal Bank Of Canada set a $138.00 target price on EOG Resources and gave the stock an “outperform” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eighteen have given a Hold rating to the stock. According to MarketBeat.com, EOG Resources currently has a consensus rating of “Hold” and an average price target of $145.04.

EOG Resources Stock Performance

EOG Resources stock traded down $4.75 during mid-day trading on Tuesday, reaching $139.82. The company’s stock had a trading volume of 2,397,602 shares, compared to its average volume of 5,351,936. 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 has a twelve month low of $101.59 and a twelve month high of $151.87. The business has a 50 day moving average price of $124.99 and a 200-day moving average price of $114.21. The firm has a market cap of $74.91 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 3.12 and a beta of 0.44.

EOG Resources (NYSE:EOG) last posted its earnings results 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 during the quarter, compared to analyst estimates of $5.36 billion. During the same period in the prior year, the company earned $2.74 earnings per share. The business’s revenue was up .9% compared to the same quarter last year. Sell-side analysts predict that EOG Resources will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s payout ratio is 44.79%.

Insider Buying and Selling

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief operating officer owned 61,481 shares in the company, 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. Also, CFO Ann D. Janssen sold 4,161 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was 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 directly owned 100,246 shares of the company’s stock, valued at $14,038,449.84. This trade represents a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,532 shares of company stock valued at $1,666,045 in the last ninety days. Company insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Acumen Wealth Advisors LLC acquired a new position in EOG Resources in the fourth quarter worth approximately $25,000. Prosperity Bancshares Inc acquired a new stake in EOG Resources in the fourth quarter valued at approximately $26,000. Nemes Rush Group LLC bought a new stake in EOG Resources in the fourth quarter worth approximately $30,000. Gen Wealth Partners Inc acquired a new position in shares of EOG Resources during the 4th quarter worth $30,000. Finally, JCIC Asset Management Inc. bought a new position in shares of EOG Resources during the 3rd quarter valued at $32,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about EOG Resources

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

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.