EOG Resources (NYSE:EOG) Upgraded at Zacks Research

Zacks Research upgraded shares of EOG Resources (NYSE:EOG) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks.com reports.

A number of other equities analysts also recently commented on the stock. KeyCorp downgraded shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Wells Fargo & Company reiterated an “overweight” rating and issued a $127.00 price target (up from $126.00) on shares of EOG Resources in a report on Tuesday, January 27th. Capital One Financial decreased their price objective on EOG Resources from $131.00 to $130.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Raymond James Financial raised their price objective on EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a research report on Friday, February 13th. Finally, Jefferies Financial Group boosted their target price on shares of EOG Resources from $140.00 to $146.00 and gave the stock a “buy” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $135.15.

EOG Resources Price Performance

NYSE:EOG opened at $128.01 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42. EOG Resources has a 1-year low of $101.59 and a 1-year high of $131.32. The company has a 50-day moving average of $112.67 and a 200 day moving average of $111.93. The firm has a market cap of $68.68 billion, a PE ratio of 14.05 and a beta of 0.44.

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

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.2%. EOG Resources’s payout ratio is 44.79%.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the transaction, the chief operating officer directly owned 61,481 shares in the company, valued at $7,685,125. This trade represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold 7,774 shares of company stock valued at $945,895 over the last quarter. 0.13% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On EOG Resources

Several hedge funds have recently added to or reduced their stakes in the business. Acumen Wealth Advisors LLC purchased a new stake in shares of EOG Resources in the fourth quarter worth about $25,000. Prosperity Bancshares Inc acquired a new position in shares of EOG Resources in the 4th quarter valued at $26,000. JCIC Asset Management Inc. acquired a new position in shares of EOG Resources in the 3rd quarter valued at $32,000. Gen Wealth Partners Inc purchased a new stake in EOG Resources during the fourth quarter worth $30,000. Finally, Nemes Rush Group LLC acquired a new stake in EOG Resources during the fourth quarter valued at $30,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

EOG Resources News Summary

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

• Positive Sentiment: BMO Capital Markets raised its price target to $140 and maintained an “outperform” rating, signaling roughly 9% upside vs. the current level. BMO Capital PT Raise
• Positive Sentiment: UBS raised its price target to $149 and kept a “buy” rating — a larger implied upside (~16%) that can support further buying interest. UBS PT Raise
• Positive Sentiment: Zacks Research upgraded EOG from “strong sell” to “hold,” reducing a negative analyst stance and removing a potential headwind to sentiment. Zacks Upgrade
• Neutral Sentiment: Coverage and commentary note recent share-price momentum (double-digit moves over 1–3 months) and ask whether valuation now matches fundamentals — this keeps EOG on investors’ radar but is mixed for near-term direction. Valuation Analysis
• Neutral Sentiment: Management presented at the Raymond James institutional conference (transcript available), providing investor access to strategy and execution commentary — useful for longer-term conviction but not an immediate catalyst. Conference Transcript
• Neutral Sentiment: Finance press pieces discuss relative performance vs. the Dow and broader energy/LNG sector headlines (e.g., Venture Global results) — useful context but not directly company-specific catalysts. Performance Discussion Sector Headline
• Negative Sentiment: COO Jeffrey R. Leitzell sold 2,000 shares on March 3 at an average $130 and 1,774 shares on March 2 at $126.57, trimming his stake by ~2% across the two trades. Insider sales can be viewed negatively by some investors, though the sizes are modest relative to his remaining holdings. SEC Filing

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.