EOG Resources (NYSE:EOG) Price Target Raised to $144.00

EOG Resources (NYSE:EOG) had its target price lifted by Piper Sandler from $127.00 to $144.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the energy exploration company’s stock.

Several other research firms also recently commented on EOG. BMO Capital Markets upped their price target on shares of EOG Resources from $120.00 to $140.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Zacks Research upgraded shares of EOG Resources from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Barclays reduced their target price on shares of EOG Resources from $136.00 to $133.00 and set an “equal weight” rating for the company in a report on Wednesday, January 21st. Stephens raised their price target on EOG Resources from $138.00 to $139.00 and gave the stock an “equal weight” rating in a report on Thursday, February 12th. Finally, Johnson Rice dropped their price target on EOG Resources from $145.00 to $135.00 and set a “hold” rating on the stock in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seventeen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $136.42.

EOG Resources Trading Up 0.5%

EOG opened at $133.75 on Thursday. 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 $136.14. The business’s 50 day moving average is $116.41 and its two-hundred day moving average is $112.53. The firm has a market cap of $71.76 billion, a price-to-earnings ratio of 14.68 and a beta of 0.44.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data 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 during 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 company’s revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.74 earnings per share. On average, research analysts predict that EOG Resources will post 11.47 EPS for the current year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio (DPR) is 44.79%.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $130.00, for a total transaction of $260,000.00. Following the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at $11,445,850. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold a total of 7,774 shares of company stock valued at $945,895 over the last quarter. 0.13% of the stock is owned by insiders.

Institutional Investors Weigh In On EOG Resources

A number of institutional investors have recently added to or reduced their stakes in the business. Larry Mathis Financial Planning LLC acquired a new stake in shares of EOG Resources in the 4th quarter valued at approximately $286,000. Union Savings Bank acquired a new position in EOG Resources during the fourth quarter worth $326,000. Hsbc Holdings PLC grew its holdings in EOG Resources by 34.6% during the fourth quarter. Hsbc Holdings PLC now owns 1,956,432 shares of the energy exploration company’s stock worth $205,387,000 after acquiring an additional 502,667 shares during the period. EJMK Ventures LLC purchased a new position in EOG Resources in the fourth quarter worth $329,000. Finally, Arwa LLC purchased a new position in EOG Resources in the fourth quarter worth $1,188,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Macro: Rising oil prices amid renewed Middle East tensions are lifting sentiment across integrated and exploration names, creating a favorable commodity backdrop for EOG’s revenue and cash‑flow outlook. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Company fundamentals: EOG reported better‑than‑expected Q4 results with production of ~1.40 mboe/d and benefit from higher natural gas prices — a direct driver of near‑term cash flow and the recent analyst bullishness. EOG Surpasses Profit Projections with Solid Output and Rising Gas Prices
• Positive Sentiment: Analyst action: Piper Sandler raised its price target on EOG to $144 (still a “neutral” rating), implying roughly mid‑single‑digit to low‑double‑digit upside versus recent levels and signaling confidence in the medium‑term outlook. Piper Sandler raises price target
• Neutral Sentiment: Mixed analyst revisions: Zacks has both raised several later‑cycle estimates (FY2028 / Q3 2027) and revised some quarterly forecasts upward — a signal that longer‑term earnings power remains intact but timing of recovery is uncertain. Investors should treat these as model updates rather than a change in the company’s competitive position. MarketBeat EOG overview
• Negative Sentiment: Near‑term downward revisions: Zacks recently cut several near‑term EPS forecasts and trimmed FY2026 estimates materially (e.g., to ~$7.56 from prior levels), and maintains a “Hold” stance — this raises the risk of earnings disappointment or lower near‑term guidance that could cap multiple expansion. Q3 EPS Estimates Lowered by Zacks Research

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.