EOG Resources (NYSE:EOG) Stock Price Expected to Rise, Wolfe Research Analyst Says

EOG Resources (NYSE:EOG) had its target price upped by analysts at Wolfe Research from $137.00 to $140.00 in a report released on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the energy exploration company’s stock. Wolfe Research’s price objective would indicate a potential upside of 15.63% from the stock’s previous close.

Several other research analysts have also issued reports on EOG. JPMorgan Chase & Co. boosted their target price on EOG Resources from $115.00 to $125.00 and gave the company a “neutral” rating in a research report on Thursday. Zacks Research lowered shares of EOG Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Scotiabank set a $123.00 price target on shares of EOG Resources and gave the company a “sector perform” rating in a research note on Friday, January 16th. BMO Capital Markets dropped their price objective on EOG Resources from $126.00 to $120.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. Finally, Johnson Rice lowered their target price on EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $134.85.

EOG Resources Stock Down 1.2%

Shares of NYSE:EOG opened at $121.08 on Wednesday. The company has a 50-day moving average price of $110.76 and a 200 day moving average price of $111.74. The company has a current ratio of 1.63, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27. EOG Resources has a 12 month low of $101.59 and a 12 month high of $132.09. The company has a market cap of $64.96 billion, a price-to-earnings ratio of 13.29 and a beta of 0.49.

EOG Resources (NYSE:EOG) last announced its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.07. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.36 billion. During the same quarter in the previous year, the business earned $2.74 EPS. The company’s quarterly revenue was up .9% on a year-over-year basis. As a group, equities research analysts predict that EOG Resources will post 11.47 earnings per share for the current year.

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the completion of the sale, the chief operating officer owned 61,481 shares of the company’s stock, valued at $7,685,125. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.13% of the stock is currently owned by insiders.

Institutional Investors Weigh In On EOG Resources

Large investors have recently modified their holdings of the business. Sivia Capital Partners LLC purchased a new position in EOG Resources during the 2nd quarter worth approximately $258,000. Advisory Alpha LLC raised its position in EOG Resources by 17.1% during the second quarter. Advisory Alpha LLC now owns 4,015 shares of the energy exploration company’s stock valued at $480,000 after acquiring an additional 586 shares in the last quarter. Howard Capital Management Inc. lifted its holdings in EOG Resources by 20.4% in the second quarter. Howard Capital Management Inc. now owns 7,036 shares of the energy exploration company’s stock valued at $842,000 after acquiring an additional 1,194 shares during the period. Quaker Wealth Management LLC boosted its position in EOG Resources by 198.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 693 shares of the energy exploration company’s stock worth $83,000 after purchasing an additional 1,395 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its stake in shares of EOG Resources by 11.9% during the 2nd quarter. Daymark Wealth Partners LLC now owns 15,664 shares of the energy exploration company’s stock worth $1,874,000 after purchasing an additional 1,669 shares during the period. 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: Company set a $4.5B free‑cash‑flow target for 2026 with guidance for ~5% oil growth and ~13% total production growth — supportive for long‑term cash generation and returns. EOG outlines $4.5B free cash flow target for 2026
• Positive Sentiment: Q4 EPS beat consensus ($2.27 vs $2.20) and reported a big jump in oil‑equivalent volumes — evidence of operational execution that supports margins and returns. EOG Q4 Earnings Beat
• Positive Sentiment: Board approved a quarterly dividend of $1.02 (annualized yield ~3.3%), which supports income investors and shareholder returns. Dividend announcement / related coverage
• Positive Sentiment: Wolfe Research raised its price target to $140 and kept an Outperform rating — a bullish read that signals upside from some sell‑side analysts. Wolfe Research raises PT to $140
• Neutral Sentiment: JPMorgan raised its price target to $125 but maintained a Neutral rating — a modest endorsement that signals limited near‑term upside per the bank. JPMorgan raises PT to $125
• Neutral Sentiment: Morgan Stanley maintained a Hold rating, describing a balanced risk‑reward profile — reinforces the mixed analyst backdrop. Morgan Stanley Hold commentary
• Negative Sentiment: Revenue for Q4 missed Street forecasts (~$5.64B vs. ~$5.8B expected) and management cited softer crude realizations and some cost pressure — the top‑line miss likely explains some selling pressure. Q4 revenue miss and price/cost commentary
• Negative Sentiment: Reports note a $6.5B capex plan and mixed signals on near‑term production cadence (some coverage says production held at Q4 levels), which could temper free‑cash‑flow timing and investor sentiment. OGJ: capex plan and production cadence

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.