EOG Resources (NYSE:EOG – Free Report) had its target price lifted by JPMorgan Chase & Co. from $115.00 to $125.00 in a research report sent to investors on Thursday,MarketScreener reports. JPMorgan Chase & Co. currently has a neutral rating on the energy exploration company’s stock.
Several other equities analysts also recently commented on the company. Zacks Research downgraded EOG Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Johnson Rice cut their price objective on EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a report on Friday, December 5th. BMO Capital Markets lowered their target price on shares of EOG Resources from $126.00 to $120.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Royal Bank Of Canada set a $138.00 target price on shares of EOG Resources and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Finally, Morgan Stanley set a $128.00 price target on shares of EOG Resources and gave the company an “equal weight” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $134.85.
View Our Latest Research Report on EOG Resources
EOG Resources Trading Down 1.2%
EOG Resources (NYSE:EOG – Get Free Report) last posted its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. The business had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.74 earnings per share. On average, equities research analysts forecast 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. Stockholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio is presently 40.64%.
Insider Buying and Selling at EOG Resources
In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value 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 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 at the SEC website. 0.13% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of EOG. MidFirst Bank bought a new stake in shares of EOG Resources during the fourth quarter worth $2,823,000. SG Trading Solutions LLC bought a new stake in EOG Resources during the 4th quarter worth about $630,000. Stone Wealth Partners bought a new stake in EOG Resources during the 4th quarter worth about $260,000. Sonoma Allocations LLC acquired a new position in EOG Resources during the 4th quarter valued at about $331,000. Finally, MV Capital Management Inc. bought a new position in shares of EOG Resources in the 4th quarter valued at about $123,000. 89.91% of the stock is currently owned by institutional investors.
More EOG Resources News
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.
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