EOG Resources, Inc. (NYSE:EOG) Stock Has Average Target Price of $160.56

Shares of EOG Resources, Inc. (NYSE:EOG) have been assigned an average rating of “Hold” from the twenty-eight ratings firms that are currently covering the company, Marketbeat reports. Seventeen research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $161.24.

Several brokerages recently issued reports on EOG. Raymond James Financial reissued a “strong-buy” rating and set a $186.00 price objective (up from $183.00) on shares of EOG Resources in a research note on Thursday, September 17th. Wall Street Zen raised shares of EOG Resources from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. JPMorgan Chase & Co. lowered their target price on shares of EOG Resources from $148.00 to $142.00 and set a “neutral” rating for the company in a research note on Tuesday, June 30th. Roth Capital reiterated a “neutral” rating and issued a $138.00 price target on shares of EOG Resources in a report on Wednesday, August 5th. Finally, Stifel Nicolaus initiated coverage on EOG Resources in a research note on Thursday, September 10th. They set a “hold” rating and a $158.00 price target on the stock.

Insider Activity

In other EOG Resources news, COO Jeffrey R. Leitzell sold 9,039 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $140.61, for a total value of $1,270,973.79. Following the sale, the chief operating officer directly owned 90,790 shares of the company’s stock, valued at approximately $12,765,981.90. This trade represents a 9.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael P. Donaldson sold 7,336 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 100,558 shares in the company, valued at approximately $14,882,584. The trade was a 6.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 52,317 shares of company stock valued at $7,823,480 over the last quarter. Company insiders own 0.14% of the company’s stock.

Institutional Trading of EOG Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of EOG Resources in the 2nd quarter worth about $5,905,587,000. Dimensional Fund Advisors LP grew its holdings in shares of EOG Resources by 0.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,865,073 shares of the energy exploration company’s stock worth $848,228,000 after purchasing an additional 54,091 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of EOG Resources by 5.5% during the 1st quarter. Bank of New York Mellon Corp now owns 4,928,984 shares of the energy exploration company’s stock worth $712,583,000 after purchasing an additional 259,015 shares during the period. Bank of America Corp DE purchased a new stake in shares of EOG Resources during the 2nd quarter worth about $551,321,000. Finally, First Trust Advisors LP increased its position in EOG Resources by 15.7% during the 1st quarter. First Trust Advisors LP now owns 3,446,002 shares of the energy exploration company’s stock worth $498,189,000 after purchasing an additional 468,090 shares in the last quarter. 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: Higher analyst price target: Susquehanna raised its target on EOG from $170 to $187 and upgraded the stock to “positive,” implying approximately 18.5% upside from the referenced price. This signals increased confidence in EOG’s production outlook and profitability. Susquehanna raises EOG Resources price target
• Positive Sentiment: Strong earnings momentum: EOG recently reported adjusted earnings of $5.07 per share, exceeding the $4.97 consensus estimate, while revenue of $8.62 billion also topped expectations. Earnings growth, production gains in key basins and efficient asset utilization have contributed to repeated earnings-estimate increases. EOG posts $5.07 adjusted earnings per share
• Positive Sentiment: Support from energy prices and ratings: Crude oil prices have risen sharply in 2026 amid Middle East tensions, potentially boosting EOG’s cash flow. EOG was also added to multiple Zacks Rank #1 “Strong Buy” lists covering value, growth and momentum. Oil explorers positioned for rising crude prices
• Neutral Sentiment: Valuation debate: Some analysis views EOG as undervalued based on its cash-generation potential and improving forecasts, while other commentary questions whether the stock remains below fair value after a roughly 113% five-year advance and a recent 52-week high. EOG may trade below fair value after its run
• Negative Sentiment: Profit-taking risk: With EOG shares near record levels and recent returns already strong, investors may question how much upside remains, increasing the risk of short-term consolidation or profit-taking even as long-term fundamentals remain favorable. EOG reaches a 52-week high

EOG Resources Price Performance

NYSE:EOG opened at $157.83 on Friday. The firm has a market cap of $82.79 billion, a price-to-earnings ratio of 12.28, a price-to-earnings-growth ratio of 0.56 and a beta of 0.36. The company has a current ratio of 1.85, a quick ratio of 1.68 and a debt-to-equity ratio of 0.25. The company’s 50-day moving average is $146.59 and its two-hundred day moving average is $140.44. EOG Resources has a 12-month low of $101.59 and a 12-month high of $159.93.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.10. The company had revenue of $8.62 billion for 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 firm’s revenue for the quarter was up 57.4% compared to the same quarter last year. During the same period last year, the company earned $2.32 EPS. Research analysts expect that EOG Resources will post 17.48 EPS for the current year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a $1.02 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.6%. EOG Resources’s payout ratio is currently 31.75%.

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.