EOG Resources (NYSE:EOG) Given New $140.00 Price Target at BMO Capital Markets

EOG Resources (NYSE:EOG) had its price target upped by BMO Capital Markets from $120.00 to $140.00 in a research note issued to investors on Tuesday,MarketScreener reports. BMO Capital Markets currently has an outperform rating on the energy exploration company’s stock.

Several other equities analysts have also commented on EOG. Susquehanna decreased their price objective on shares of EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a report on Thursday, February 26th. Wolfe Research boosted their target price on EOG Resources from $137.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of EOG Resources in a research note on Thursday, January 22nd. Mizuho set a $134.00 price target on EOG Resources and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, The Goldman Sachs Group dropped their price objective on EOG Resources from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $135.85.

EOG Resources Stock Performance

Shares of EOG Resources stock opened at $128.09 on Tuesday. The firm has a market cap of $68.72 billion, a PE ratio of 14.06 and a beta of 0.44. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. EOG Resources has a 52 week low of $101.59 and a 52 week high of $131.32. The business’s fifty day simple moving average is $112.19 and its 200-day simple moving average is $111.82.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 22.00% and a return on equity of 18.67%. EOG Resources’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.74 EPS. Equities analysts forecast that EOG Resources will post 11.47 earnings per share for the current year.

EOG Resources Dividend Announcement

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

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is currently owned by company insiders.

Institutional Trading of EOG Resources

A number of large investors have recently made changes to their positions in the company. Sivia Capital Partners LLC purchased a new stake in shares of EOG Resources in the 2nd quarter valued at approximately $258,000. Hantz Financial Services Inc. increased its holdings in EOG Resources by 16.5% in the second quarter. Hantz Financial Services Inc. now owns 930 shares of the energy exploration company’s stock valued at $111,000 after buying an additional 132 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC raised its stake in EOG Resources by 9.0% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,710 shares of the energy exploration company’s stock valued at $207,000 after buying an additional 141 shares in the last quarter. Intellectus Partners LLC purchased a new stake in EOG Resources during the 2nd quarter worth about $732,000. Finally, Westside Investment Management Inc. lifted its holdings in EOG Resources by 9.9% during the 2nd quarter. Westside Investment Management Inc. now owns 2,505 shares of the energy exploration company’s stock worth $301,000 after buying an additional 225 shares during the last quarter. 89.91% of the stock is currently 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: Multiple brokerages raised price targets and kept constructive ratings, providing near‑term upside and supporting buy interest: BMO raised its PT to $140 and kept an “outperform” rating. BMO raises PT to $140
• Positive Sentiment: UBS raised its price target to $149 and maintained a “buy” rating, signaling further upside expectations from a major bank. UBS raises PT to $149
• Positive Sentiment: Jefferies increased its target to $146 and reiterated a “buy” rating, adding to the cluster of upward revisions from sell‑side analysts. Jefferies raises PT to $146
• Neutral Sentiment: EOG presented at the Raymond James institutional conference; the transcript provides management commentary on operations, capital allocation and 2026 priorities that investors will parse for guidance on production, costs and returns. Conference transcript
• Neutral Sentiment: Analysis pieces are flagging recent share‑price momentum and asking whether fundamentals justify the gains; this encourages re‑valuation work and short‑term reassessment by investors. Valuation assessment
• Neutral Sentiment: Macro/sector note: a Venture Global earnings beat on higher LNG volumes was reported today — relevant for energy sentiment but not directly tied to EOG’s upstream oil/gas fundamentals. Venture Global Q4 results
• Negative Sentiment: Coverage pieces note EOG has underperformed the Dow over the past year, a headline that can pressure sentiment and lead to relative‑performance selling despite company‑level positives. Yahoo: underperforming the Dow
• Negative Sentiment: Similar commentary from Barchart reiterates the underperformance narrative, which may amplify short‑term weakness as momentum investors rotate. Barchart: underperformance

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.