EOG Resources (NYSE:EOG) Price Target Lowered to $167.00 at Stephens

EOG Resources (NYSE:EOG) had its price target cut by Stephens from $170.00 to $167.00 in a research report sent to investors on Wednesday morning,MarketScreener reports.

Several other research firms also recently issued reports on EOG. Susquehanna upped their price objective on shares of EOG Resources from $144.00 to $162.00 and gave the stock a “positive” rating in a report on Tuesday, April 21st. Sanford C. Bernstein upped their price objective on shares of EOG Resources from $126.00 to $167.00 and gave the stock a “market perform” rating in a report on Monday, April 13th. Citigroup decreased their price objective on shares of EOG Resources from $150.00 to $142.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Scotiabank upped their price objective on shares of EOG Resources from $123.00 to $139.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. Finally, Mizuho upped their price objective on shares of EOG Resources from $147.00 to $149.00 and gave the stock a “neutral” rating in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $153.69.

EOG Resources Stock Down 4.1%

EOG stock traded down $5.52 during trading hours on Wednesday, hitting $129.17. The company’s stock had a trading volume of 1,099,464 shares, compared to its average volume of 4,964,613. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $69.20 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 1.76 and a beta of 0.27. EOG Resources has a 12 month low of $101.59 and a 12 month high of $151.87. The stock has a 50 day moving average price of $135.53 and a two-hundred day moving average price of $118.14.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, topping the consensus estimate of $3.23 by $0.18. The company had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.43%. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.87 earnings per share. On average, equities research analysts expect that EOG Resources will post 14.75 earnings per share for the current year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a yield of 3.2%. EOG Resources’s dividend payout ratio is currently 44.79%.

Insider Activity

In other news, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at $13,234,924.40. This trade represents a 6.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,230 shares of company stock worth $2,522,568 in the last ninety days. Insiders own 0.14% of the company’s stock.

Institutional Trading of EOG Resources

A number of hedge funds have recently modified their holdings of EOG. Sivia Capital Partners LLC acquired a new stake in shares of EOG Resources in the second quarter valued at approximately $258,000. Quantbot Technologies LP bought a new position in shares of EOG Resources in the second quarter valued at $349,000. Gamco Investors INC. ET AL grew its stake in shares of EOG Resources by 216.1% in the second quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock valued at $785,000 after buying an additional 4,485 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of EOG Resources by 2.0% in the second quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock valued at $2,725,000 after buying an additional 444 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of EOG Resources by 4.4% in the second quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock valued at $43,356,000 after buying an additional 15,250 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources News Roundup

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

• Positive Sentiment: EOG beat Q1 estimates on both EPS and revenue (EPS $3.41 vs. consensus ~$3.23; revenue $6.92B vs. ~$6.18B), driven by stronger output and commodity prices — a fundamental catalyst for the share price. US shale producer EOG Resources beats first-quarter profit estimates
• Positive Sentiment: EOG outlined a 2026 plan targeting roughly $8.5B of free cash flow while committing to return at least 70% of free cash flow to shareholders — a strong signal for buybacks/dividends that can underpin the valuation. EOG outlines 2026 plan for $8.5B free cash flow while targeting at least 70% returns
• Positive Sentiment: Management highlighted capital returns in the quarter (near $950M returned via dividend and opportunistic repurchases) and announced a quarterly dividend of $1.02/share (≈3.0% yield), supporting income-focused demand. EOG Q1 2026 Earnings Call Transcript
• Positive Sentiment: Market rankings picked EOG as a Zacks Rank #1 (Strong Buy) income stock, which can drive positive retail/income-oriented flows. Best Income Stocks to Buy for May 6th
• Neutral Sentiment: Mizuho nudged up its price target to $149 but kept a “neutral” rating — supportive for valuation, but not a strong buy signal from that analyst. Mizuho raises price target
• Neutral Sentiment: Industry pieces comparing EOG with peers show it among the better performers YTD, which helps the stock’s market positioning but is background rather than a fresh catalyst. Which Oil and Gas Stock Has Dominated in 2026
• Negative Sentiment: TipRanks flagged rising 2026 capex plans as a new risk that could pressure free cash flow and shareholder returns if spending ramps beyond assumptions — a potential headwind for valuation if realized. EOG Resources’ Rising Capex in 2026 Raises Free Cash Flow and Shareholder Return Risks
• Negative Sentiment: Covers noted that, despite the beat, management’s tepid near-term outlook and any cautious commentary on volumes or commodity sensitivity weighed on the stock in the immediate aftermath of results. EOG beats Q1 estimates but tepid outlook weighs on shares

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.