Analysts Set EOG Resources, Inc. (NYSE:EOG) Target Price at $154.38

EOG Resources, Inc. (NYSE:EOG) has been given an average rating of “Moderate Buy” by the thirty brokerages that are currently covering the stock, MarketBeat Ratings reports. Fifteen investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $155.6429.

EOG has been the topic of a number of research reports. Truist Financial boosted their target price on shares of EOG Resources from $146.00 to $149.00 and gave the stock a “hold” rating in a research note on Friday, May 8th. Williams Trading set a $177.00 target price on shares of EOG Resources in a research note on Monday, April 20th. Mizuho boosted their target price on shares of EOG Resources from $147.00 to $149.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Roth Mkm reaffirmed a “neutral” rating and set a $136.00 target price on shares of EOG Resources in a research note on Wednesday, May 6th. Finally, Scotiabank boosted their target price on shares of EOG Resources from $123.00 to $139.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: EOG expanded its share repurchase authorization to $20 billion, signaling aggressive capital returns and confidence in future cash generation.
• Positive Sentiment: The company has been highlighted for record free cash flow and its plan to return at least 70% of free cash flow to shareholders through dividends and buybacks.
• Positive Sentiment: Zacks Research upgraded EOG to Strong Buy and raised multiple earnings estimates for 2026-2028, suggesting improving profit expectations.
• Positive Sentiment: Morgan Stanley raised its price target on EOG to $160 from $155, while maintaining an equal-weight rating, reflecting slightly improved valuation expectations.
• Positive Sentiment: EOG was also added to Zacks’ Strong Buy and best income stocks lists, adding to the bullish tone around the name.
• Neutral Sentiment: Analysts continue to describe EOG as a disciplined, cash-focused oil and gas producer with ongoing international expansion and acquisitions, which supports the long-term outlook but is not an immediate catalyst.

EOG Resources Stock Performance

Shares of NYSE:EOG opened at $141.43 on Thursday. The company’s 50 day simple moving average is $137.91 and its 200 day simple moving average is $120.68. The stock has a market capitalization of $75.33 billion, a price-to-earnings ratio of 13.92 and a beta of 0.27. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.72 and a quick ratio of 1.53. EOG Resources has a 1 year low of $101.59 and a 1 year high of $151.87.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. The business had revenue of $6.92 billion for the quarter, compared to analysts’ expectations of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period last year, the firm posted $2.87 earnings per share. As a group, research analysts predict that EOG Resources will post 15.67 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 annualized dividend and a dividend yield of 2.9%. EOG Resources’s payout ratio is currently 40.16%.

Insider Buying and Selling at EOG Resources

In related news, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the sale, the chief financial officer owned 100,246 shares of the company’s stock, valued at $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the sale, the chief operating officer directly owned 88,045 shares in the company, valued at approximately $13,234,924.40. This represents a 6.08% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 16,230 shares of company stock worth $2,272,568. 0.14% of the stock is currently owned by insiders.

Institutional Trading of EOG Resources

Institutional investors have recently bought and sold shares of the company. SJS Investment Consulting Inc. boosted its position in EOG Resources by 225.5% during the first quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock valued at $26,000 after acquiring an additional 124 shares during the last quarter. Financial Life Planners bought a new stake in EOG Resources during the first quarter valued at $30,000. Acumen Wealth Advisors LLC bought a new stake in EOG Resources during the fourth quarter valued at $25,000. Prosperity Bancshares Inc bought a new stake in EOG Resources during the fourth quarter valued at $26,000. Finally, Global Assets Advisory LLC bought a new stake in EOG Resources during the first quarter valued at $37,000. Institutional investors own 89.91% of the company’s stock.

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.