EOG Resources (NYSE:EOG) Price Target Raised to $140.00 at Barclays

EOG Resources (NYSE:EOG) had its target price increased by Barclays from $133.00 to $140.00 in a report published on Monday,Benzinga reports. Barclays currently has an equal weight rating on the energy exploration company’s stock.

EOG has been the subject of several other reports. 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, January 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EOG Resources in a research note on Thursday, January 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $126.00 target price (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. Jefferies Financial Group increased their target price on shares of EOG Resources from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Finally, Raymond James Financial raised their price target on shares of EOG Resources from $153.00 to $157.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $137.77.

EOG Resources Price Performance

NYSE:EOG opened at $134.57 on Monday. The stock has a 50 day moving average of $116.98 and a two-hundred day moving average of $112.53. EOG Resources has a 12 month low of $101.59 and a 12 month high of $136.14. The firm has a market cap of $72.19 billion, a P/E ratio of 14.77 and a beta of 0.44. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27.

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

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 3.0%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio is presently 44.79%.

Insiders Place Their Bets

In other EOG Resources news, CFO Ann D. Janssen sold 2,597 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $134.31, for a total value of $348,803.07. Following the completion of the sale, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at $13,464,040.26. This trade represents a 2.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total value of $260,000.00. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at approximately $11,445,850. This represents a 2.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 10,371 shares of company stock valued at $1,294,698 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On EOG Resources

Institutional investors have recently bought and sold shares of the company. Acumen Wealth Advisors LLC purchased a new stake in shares of EOG Resources in the 4th quarter valued at approximately $25,000. Prosperity Bancshares Inc purchased a new stake in shares of EOG Resources during the 4th quarter valued at approximately $26,000. Nemes Rush Group LLC purchased a new stake in shares of EOG Resources during the 4th quarter valued at approximately $30,000. Gen Wealth Partners Inc acquired a new position in EOG Resources in the fourth quarter valued at approximately $30,000. Finally, JCIC Asset Management Inc. acquired a new position in EOG Resources in the third quarter valued at approximately $32,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

Key EOG Resources News

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

• Positive Sentiment: Wells Fargo raised its price target to $155 and reiterated an “overweight” rating, signaling meaningful upside versus the current price; this is a strong near‑term catalyst for buyers. Article Title
• Positive Sentiment: Piper Sandler boosted its target to $144, adding to the sequence of broker upgrades that reinforce investor confidence in EOG’s earnings and cash‑flow outlook. Piper Sandler Raises EOG PT to $144
• Positive Sentiment: Barclays lifted its target to $140 while keeping an Equal Weight rating—another vote of confidence that supports the view EOG may be undervalued at current levels. Article Title
• Positive Sentiment: Coverage from outlets (CNBC/TipRanks and investment roundups) highlights EOG as a dividend‑paying energy name favored by some analysts, which can attract income‑oriented and institutional demand. Top Wall Street analysts are bullish
• Neutral Sentiment: Multiple articles and lists discuss EOG as an “undervalued” large‑cap energy stock and include it in top energy stock roundups—useful for sentiment but largely echoing analyst upgrades rather than new fundamental developments. Is EOG One of the Most Undervalued?
• Neutral Sentiment: CFO Ann Janssen sold 2,597 shares on March 12 (SEC Form 4 filed); the sale reduced her position by ~2.5% but she retains a large holding—this is worth noting but not an obvious sign of company‑level trouble. SEC Form 4
• Negative Sentiment: Zacks cut earnings estimates for EOG, which could weigh on forward expectations if other shops follow; this is the primary near‑term negative item to monitor for revisions to consensus. Zacks Cuts Earnings Estimates

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.