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

EOG Resources (NYSE:EOG) had its target price upped by Mizuho from $134.00 to $146.00 in a report released on Tuesday,Benzinga reports. The firm currently has a neutral rating on the energy exploration company’s stock.

A number of other research analysts have also commented on the company. Susquehanna lowered their price objective on EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a report on Thursday, February 26th. Weiss Ratings restated a “hold (c)” rating on shares of EOG Resources in a research note on Thursday, January 22nd. Jefferies Financial Group increased their price target on EOG Resources from $140.00 to $146.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Barclays increased their price target on shares of EOG Resources from $133.00 to $140.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Wolfe Research lifted their price objective on EOG Resources from $140.00 to $152.00 in a research report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat.com, EOG Resources presently has an average rating of “Hold” and a consensus target price of $138.23.

EOG Resources Stock Performance

EOG opened at $135.86 on Tuesday. The business’s 50 day moving average is $117.59 and its 200-day moving average is $112.61. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The stock has a market cap of $72.89 billion, a PE ratio of 14.91 and a beta of 0.44. EOG Resources has a twelve month low of $101.59 and a twelve month high of $136.86.

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

EOG Resources Announces Dividend

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

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief operating officer owned 61,481 shares in the company, valued at approximately $7,685,125. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ann D. Janssen sold 2,597 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $134.31, for a total value of $348,803.07. Following the transaction, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at approximately $13,464,040.26. This trade represents a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,371 shares of company stock valued at $1,294,698 over the last three months. Insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Sivia Capital Partners LLC purchased a new stake in EOG Resources in the 2nd quarter worth about $258,000. Avantax Advisory Services Inc. lifted its holdings in EOG Resources by 5.8% during the second quarter. Avantax Advisory Services Inc. now owns 82,628 shares of the energy exploration company’s stock valued at $9,883,000 after purchasing an additional 4,503 shares during the last quarter. Citizens Financial Group Inc. RI boosted its position in EOG Resources by 51.8% during the second quarter. Citizens Financial Group Inc. RI now owns 8,690 shares of the energy exploration company’s stock worth $1,039,000 after purchasing an additional 2,966 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in EOG Resources by 27.8% during the second quarter. Nomura Asset Management Co. Ltd. now owns 344,999 shares of the energy exploration company’s stock worth $41,265,000 after purchasing an additional 75,040 shares during the period. Finally, Dorsey & Whitney Trust CO LLC increased its stake in shares of EOG Resources by 3.7% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 4,060 shares of the energy exploration company’s stock worth $486,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Key EOG Resources News

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

• Positive Sentiment: Several brokers raised price targets, providing immediate upside catalysts and buying interest — Wells Fargo to $155 (overweight) is the largest upward revision and is likely a key driver of today’s buying. Wells Fargo PT raise
• Positive Sentiment: Mizuho bumped its target from $134 to $146 while keeping a neutral stance, adding to the cluster of upgrades that lift sentiment. Mizuho PT raise
• Positive Sentiment: Barclays raised its target to $140 (equal weight) and Piper Sandler has also been publishing higher targets (~$144), reinforcing the view that EOG’s cash flow and dividend profile are attractive. Barclays PT raise
• Neutral Sentiment: CFO Ann Janssen sold 2,597 shares (filed on Form 4) at an average ~$134 — a modest reduction (~2.5% of her holding) that is worth noting but not a clear signal of company trouble. Insider sale report
• Neutral Sentiment: Market coverage and dividend‑focused roundups are highlighting EOG as an income‑oriented energy pick, which can support demand from yield investors but largely reiterates existing analyst views. Dividend coverage
• Negative Sentiment: A Seeking Alpha piece warns that while the Iran conflict could boost near‑term oil prices, EOG faces rising fundamental risks and the author applies a downgrade — a cautionary perspective that could temper momentum if geopolitical gains fade. Seeking Alpha downgrade
• Negative Sentiment: Zacks trimmed earnings estimates for EOG, which could pressure forward multiple and sentiment if other shops follow with downward revisions. Zacks cuts 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.