EOG Resources (NYSE:EOG) Given New $123.00 Price Target at The Goldman Sachs Group

EOG Resources (NYSE:EOG) had its price target cut by The Goldman Sachs Group from $125.00 to $123.00 in a research note published on Thursday morning,MarketScreener reports. They currently have a neutral rating on the energy exploration company’s stock.

Several other research analysts have also weighed in on the company. Roth Mkm reiterated a “neutral” rating on shares of EOG Resources in a report on Monday, December 15th. Piper Sandler cut their price objective on EOG Resources from $129.00 to $124.00 and set a “neutral” rating on the stock in a report on Tuesday, November 18th. Raymond James Financial reiterated a “strong-buy” rating and issued a $153.00 price objective on shares of EOG Resources in a research report on Wednesday, December 3rd. Morgan Stanley raised their target price on shares of EOG Resources from $136.00 to $138.00 and gave the stock an “equal weight” rating in a report on Thursday, November 20th. Finally, Zacks Research downgraded shares of EOG Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $135.48.

EOG Resources Stock Performance

Shares of NYSE:EOG opened at $106.43 on Thursday. The business has a fifty day moving average of $106.72 and a 200-day moving average of $112.31. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.62. EOG Resources has a twelve month low of $101.59 and a twelve month high of $135.87. The firm has a market cap of $57.75 billion, a PE ratio of 10.60, a price-to-earnings-growth ratio of 8.97 and a beta of 0.49.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.29. The firm had revenue of $5.85 billion for the quarter, compared to analyst estimates of $5.48 billion. EOG Resources had a net margin of 24.49% and a return on equity of 19.80%. The company’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.89 EPS. On average, equities research analysts predict that EOG Resources will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be issued a $1.02 dividend. The ex-dividend date is Friday, January 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.8%. EOG Resources’s dividend payout ratio (DPR) is 40.64%.

Insider Activity at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the completion of the transaction, the chief operating officer owned 54,979 shares in the company, valued at approximately $5,810,180.72. This represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On EOG Resources

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC bought a new position in shares of EOG Resources in the 2nd quarter valued at about $258,000. Cassia Capital Partners LLC boosted its position in EOG Resources by 7.8% during the second quarter. Cassia Capital Partners LLC now owns 8,048 shares of the energy exploration company’s stock valued at $963,000 after purchasing an additional 581 shares during the last quarter. Affinity Wealth Management LLC grew its stake in EOG Resources by 1.8% in the second quarter. Affinity Wealth Management LLC now owns 28,279 shares of the energy exploration company’s stock valued at $3,382,000 after purchasing an additional 500 shares in the last quarter. Retirement Guys Formula LLC increased its position in shares of EOG Resources by 10.4% during the 2nd quarter. Retirement Guys Formula LLC now owns 14,157 shares of the energy exploration company’s stock worth $1,693,000 after purchasing an additional 1,336 shares during the last quarter. Finally, Old North State Wealth Management LLC acquired a new position in shares of EOG Resources during the 2nd quarter worth approximately $213,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Recent bullish commentary highlights that EOG’s operational execution, capital allocation and shareholder-return initiatives could drive longer‑term upside, supporting investor confidence despite near-term headwinds. EOG Resources (NYSE:EOG) Is Doing The Right Things To Multiply Its Share Price
• Neutral Sentiment: Scotiabank cut its price target to $123 (from $130) and kept a Sector Perform rating — a modestly bearish tweak that signals the bank expects stable production but less near‑term upside than before. Scotiabank Lowers EOG PT to $123
• Neutral Sentiment: Goldman Sachs trimmed its price target to $123 (from $125) and maintained a neutral rating — another small downside adjustment that keeps the stock in the “wait-and-see” camp for near-term returns. Goldman Sachs Adjusts Price Target on EOG
• Neutral Sentiment: Barclays lowered its price target to $133 (from $136) and kept an equal‑weight rating — another analyst adjustment that trims corridor upside but still implies meaningful potential above current levels. Barclays Lowers EOG Price Target
• Negative Sentiment: Earnings previews flag a material near‑term risk: EOG is due to report Q4 2025 results and analysts are forecasting a double‑digit drop in profits year‑over‑year, which increases downside risk around the print. EOG Q4 2025 Earnings: What to Expect
• Negative Sentiment: Zacks Research downgraded EOG from a “hold” to a “strong sell,” a sharp stance that can pressure sentiment and may prompt additional selling from momentum-sensitive funds. Zacks Downgrades EOG to Strong Sell

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.