Wolfe Research Issues Positive Forecast for EOG Resources (NYSE:EOG) Stock Price

EOG Resources (NYSE:EOG) had its price objective boosted by Wolfe Research from $134.00 to $137.00 in a report released on Monday,MarketScreener reports. The brokerage currently has an outperform rating on the energy exploration company’s stock.

Other equities analysts have also issued research reports about the company. Scotiabank set a $123.00 price target on EOG Resources and gave the company a “sector perform” rating in a research note on Friday, January 16th. Morgan Stanley set a $128.00 price objective on EOG Resources and gave the company an “equal weight” rating in a research note on Friday. Wells Fargo & Company dropped their target price on shares of EOG Resources from $127.00 to $126.00 and set an “overweight” rating for the company in a report on Tuesday, November 11th. Siebert Williams Shank decreased their price target on shares of EOG Resources from $155.00 to $145.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Finally, Zacks Research lowered shares of EOG Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, EOG Resources currently has a consensus rating of “Hold” and an average price target of $134.07.

EOG Resources Price Performance

EOG stock opened at $107.58 on Monday. The company’s 50-day moving average price is $106.64 and its two-hundred day moving average price is $111.98. The firm has a market cap of $58.37 billion, a P/E ratio of 10.72, a P/E/G ratio of 9.00 and a beta of 0.49. The company has a quick ratio of 1.43, a current ratio of 1.62 and a debt-to-equity ratio of 0.25. EOG Resources has a 12 month low of $101.59 and a 12 month high of $135.87.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.29. The business 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 firm’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter last year, the business posted $2.89 EPS. On average, analysts anticipate that EOG Resources will post 11.47 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, January 16th. This represents a $4.08 annualized dividend and a dividend yield of 3.8%. EOG Resources’s dividend payout ratio is 40.64%.

Insiders Place Their Bets

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources 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 of the company’s stock, valued at $5,810,180.72. This trade represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

Institutional Trading of EOG Resources

A number of large investors have recently bought and sold shares of the business. Capital World Investors boosted its position in shares of EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock valued at $6,156,495,000 after purchasing an additional 782,426 shares in the last quarter. Capital Research Global Investors increased its holdings in EOG Resources by 0.5% in the third quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock worth $2,794,784,000 after purchasing an additional 122,486 shares in the last quarter. Alliancebernstein L.P. lifted its stake in EOG Resources by 4.2% in the second quarter. Alliancebernstein L.P. now owns 6,159,281 shares of the energy exploration company’s stock valued at $736,712,000 after buying an additional 249,984 shares during the period. Northern Trust Corp boosted its holdings in shares of EOG Resources by 0.8% during the 3rd quarter. Northern Trust Corp now owns 5,974,950 shares of the energy exploration company’s stock worth $669,911,000 after buying an additional 49,987 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of EOG Resources by 6.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,972,687 shares of the energy exploration company’s stock worth $669,727,000 after buying an additional 344,291 shares during the period. 89.91% of the stock is currently owned by institutional investors and hedge funds.

More EOG Resources News

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

• Positive Sentiment: Wolfe Research raised its price target to $137 and maintained an “outperform” rating, signaling continued analyst confidence and providing upside support for the stock. Read More.
• Positive Sentiment: A recent STOCK Act disclosure shows Senator Katie Boyd Britt purchased EOG shares; political insider buying can be viewed positively by some investors as a signal of confidence. Read More.
• Neutral Sentiment: Susquehanna cut its price target from $161 to $151 but kept a “positive” rating — a downgrade in near‑term valuation that still reflects constructive medium‑term views; this mixed message can offset some buying interest. Read More.
• Neutral Sentiment: Sector and dividend screens mention EOG in broader lists and analyses; standalone articles about energy‑sector developments and dividend stock ideas add informational context but are unlikely to move the stock materially today. Read More. • Read More.
• Negative Sentiment: Roth MKM cut its price target to $108 — a near‑term downgrade that increases downside pressure and is likely contributing to the stock decline. Read More.
• Negative Sentiment: JPMorgan issued a pessimistic forecast for EOG’s stock price in a recent note, adding further negative analyst sentiment that can prompt selling or caution among investors. Read More.

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.