EOG Resources (NYSE:EOG) Given New $151.00 Price Target at Susquehanna

EOG Resources (NYSE:EOG) had its target price cut by Susquehanna from $161.00 to $151.00 in a research report report published on Monday, MarketBeat Ratings reports. They currently have a positive rating on the energy exploration company’s stock.

A number of other research firms also recently commented on EOG. Siebert Williams Shank dropped their price objective on EOG Resources from $155.00 to $145.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Barclays dropped their price target on shares of EOG Resources from $136.00 to $133.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 21st. Wolfe Research reduced their price objective on shares of EOG Resources from $138.00 to $134.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Citigroup reiterated a “neutral” rating and issued a $115.00 target price (down from $125.00) on shares of EOG Resources in a report on Wednesday, December 17th. Finally, BMO Capital Markets reduced their target price on shares of EOG Resources from $126.00 to $120.00 and set an “outperform” rating for the company in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, EOG Resources presently has an average rating of “Hold” and a consensus target price of $134.07.

EOG Resources Stock Performance

Shares of EOG opened at $107.58 on Monday. The firm has a market capitalization of $58.37 billion, a PE ratio of 10.72, a P/E/G ratio of 9.00 and a beta of 0.49. The company has a quick ratio of 1.43, a current ratio of 1.62 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average price of $106.64 and a 200 day moving average price of $111.98. EOG Resources has a 52-week low of $101.59 and a 52-week high of $135.87.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.29. The business had revenue of $5.85 billion during the quarter, compared to analysts’ expectations of $5.48 billion. EOG Resources had a net margin of 24.49% and a return on equity of 19.80%. The business’s revenue was down 2.0% on a year-over-year basis. During the same period last year, the firm posted $2.89 earnings per share. On average, sell-side analysts anticipate that EOG Resources will post 11.47 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, January 16th. EOG Resources’s payout ratio is presently 40.64%.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total value of $211,360.00. Following the transaction, the chief operating officer owned 54,979 shares in the company, valued at $5,810,180.72. This trade represents a 3.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On EOG Resources

Institutional investors have recently made changes to their positions in the business. First Trust Advisors LP grew its position in EOG Resources by 64.1% during the second quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock worth $445,921,000 after buying an additional 1,456,928 shares in the last quarter. Prudential Financial Inc. lifted its position in shares of EOG Resources by 282.3% in the 2nd quarter. Prudential Financial Inc. now owns 1,546,058 shares of the energy exploration company’s stock worth $184,924,000 after acquiring an additional 1,141,680 shares during the period. Capital World Investors grew its holdings in shares of EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after purchasing an additional 782,426 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of EOG Resources during the third quarter valued at approximately $87,193,000. Finally, TD Asset Management Inc raised its stake in shares of EOG Resources by 288.1% in the third quarter. TD Asset Management Inc now owns 892,482 shares of the energy exploration company’s stock valued at $100,065,000 after purchasing an additional 662,539 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Wolfe Research raised its price target to $137 and maintained an “outperform” rating, signaling continued analyst confidence and providing upside support for the stock. Read More.
• Positive Sentiment: A recent STOCK Act disclosure shows Senator Katie Boyd Britt purchased EOG shares; political insider buying can be viewed positively by some investors as a signal of confidence. Read More.
• Neutral Sentiment: Susquehanna cut its price target from $161 to $151 but kept a “positive” rating — a downgrade in near‑term valuation that still reflects constructive medium‑term views; this mixed message can offset some buying interest. Read More.
• Neutral Sentiment: Sector and dividend screens mention EOG in broader lists and analyses; standalone articles about energy‑sector developments and dividend stock ideas add informational context but are unlikely to move the stock materially today. Read More. • Read More.
• Negative Sentiment: Roth MKM cut its price target to $108 — a near‑term downgrade that increases downside pressure and is likely contributing to the stock decline. Read More.
• Negative Sentiment: JPMorgan issued a pessimistic forecast for EOG’s stock price in a recent note, adding further negative analyst sentiment that can prompt selling or caution among investors. Read More.

About EOG Resources

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.