EOG Resources (NYSE:EOG) Price Target Raised to $157.00

EOG Resources (NYSE:EOG) had its target price upped by Raymond James Financial from $153.00 to $157.00 in a research note published on Friday,MarketScreener reports. The brokerage currently has a strong-buy rating on the energy exploration company’s stock.

Several other analysts also recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EOG Resources in a report on Thursday, January 22nd. Sanford C. Bernstein reissued a “market perform” rating and set a $126.00 target price (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. Capital One Financial decreased their price target on EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Wolfe Research upped their price objective on EOG Resources from $134.00 to $137.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Finally, Royal Bank Of Canada set a $138.00 target price on EOG Resources and gave the company an “outperform” rating in a report on Tuesday, January 13th. One investment 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 given a Sell rating to the stock. According to data from MarketBeat.com, EOG Resources has a consensus rating of “Hold” and an average price target of $134.30.

EOG Resources Trading Up 2.5%

NYSE:EOG opened at $120.85 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.43 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $108.05 and its 200-day simple moving average is $111.34. EOG Resources has a 12-month low of $101.59 and a 12-month high of $135.87. The firm has a market cap of $65.57 billion, a P/E ratio of 12.04 and a beta of 0.49.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction that occurred on Wednesday, December 31st. The stock was 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 directly owned 54,979 shares in the company, valued at $5,810,180.72. The trade was a 3.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On EOG Resources

Several hedge funds have recently bought and sold shares of the stock. Cullen Capital Management LLC increased its stake in shares of EOG Resources by 4.7% in the second quarter. Cullen Capital Management LLC now owns 576,470 shares of the energy exploration company’s stock worth $68,952,000 after buying an additional 25,753 shares during the last quarter. Rockland Trust Co. grew its holdings in EOG Resources by 5.1% during the 3rd quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock worth $27,618,000 after acquiring an additional 11,965 shares in the last quarter. Railway Pension Investments Ltd increased its position in shares of EOG Resources by 6.9% in the 2nd quarter. Railway Pension Investments Ltd now owns 449,100 shares of the energy exploration company’s stock worth $53,717,000 after purchasing an additional 28,800 shares during the last quarter. AlphaQuest LLC lifted its position in shares of EOG Resources by 1,413.5% during the third quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock worth $2,863,000 after purchasing an additional 23,846 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its stake in EOG Resources by 21.0% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock worth $7,380,000 after purchasing an additional 11,442 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources News Summary

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

• Positive Sentiment: Stephens raised its price target to $139 (from $138) and kept an “equal weight” rating — a headline that likely supported buying interest by signaling ~15% upside vs. the current price. Read More. Read More.
• Positive Sentiment: Zacks Research increased its Q1 2026 EPS estimate to $2.69 (from $2.45), a small upward revision that could temper short‑term downside if results track that beat. Read More.
• Positive Sentiment: Zacks also nudged Q2 2026 EPS to $2.10 (from $2.06), another modest upward tweak. Read More.
• Negative Sentiment: Zacks cut multiple quarterly and annual forecasts across 2025–2027 (examples: Q4 2026 to $1.83 from $2.06; Q3/Q4 2027 cuts; FY2027 lowered to $9.31 from $10.41), signaling lower expected earnings and potentially pressuring valuation multiples. Read More.
• Negative Sentiment: Zacks Research currently carries a “Strong Sell” rating on EOG — a notable negative signal that may limit enthusiasm from institutional investors despite the price‑target tweak by Stephens. Read More.

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.