EOG Resources (NYSE:EOG) Now Covered by Analysts at Truist Financial

Truist Financial initiated coverage on shares of EOG Resources (NYSE:EOG) in a report released on Tuesday morning, MarketBeat.com reports. The firm issued a hold rating and a $146.00 target price on the energy exploration company’s stock.

Other equities research analysts have also issued research reports about the company. Jefferies Financial Group boosted their target price on EOG Resources from $140.00 to $146.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Morgan Stanley set a $128.00 price target on EOG Resources and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Mizuho lifted their price target on EOG Resources from $134.00 to $146.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of EOG Resources in a research report on Thursday, January 22nd. Finally, Johnson Rice dropped their price objective on EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $138.52.

EOG Resources Price Performance

EOG stock opened at $142.55 on Tuesday. The firm has a market cap of $76.47 billion, a P/E ratio of 15.65, a P/E/G ratio of 3.78 and a beta of 0.44. The firm’s fifty day moving average is $121.01 and its 200 day moving average is $113.22. EOG Resources has a 52 week low of $101.59 and a 52 week high of $143.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63.

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

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, April 16th. EOG Resources’s payout ratio is currently 44.79%.

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the 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 completion of the sale, the chief operating officer owned 61,481 shares in the company, valued at approximately $7,685,125. This trade represents a 3.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the sale, the chief financial officer owned 100,246 shares in the company, valued at approximately $14,038,449.84. This represents a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,532 shares of company stock valued at $1,877,405 in the last ninety days. 0.13% of the stock is currently owned by corporate insiders.

Institutional Trading of EOG Resources

Several large investors have recently added to or reduced their stakes in EOG. First Trust Advisors LP lifted its position in shares of EOG Resources by 64.1% in the 2nd quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock worth $445,921,000 after purchasing an additional 1,456,928 shares during the period. Franklin Resources Inc. increased its position in shares of EOG Resources by 24.2% during the fourth quarter. Franklin Resources Inc. now owns 6,443,453 shares of the energy exploration company’s stock valued at $676,627,000 after buying an additional 1,257,110 shares during the period. Marshall Wace LLP raised its stake in EOG Resources by 474.7% in the fourth quarter. Marshall Wace LLP now owns 1,318,254 shares of the energy exploration company’s stock worth $138,430,000 after buying an additional 1,088,867 shares in the last quarter. Bank of New York Mellon Corp raised its stake in EOG Resources by 23.9% in the fourth quarter. Bank of New York Mellon Corp now owns 4,669,969 shares of the energy exploration company’s stock worth $490,394,000 after buying an additional 901,897 shares in the last quarter. Finally, Capital World Investors lifted its holdings in EOG Resources by 1.4% in the third quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after buying an additional 782,426 shares during the period. Institutional investors own 89.91% of the company’s stock.

More EOG Resources News

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

• Positive Sentiment: EOG is being highlighted by sector coverage as positioned to benefit from higher crude prices and Middle East tensions — a tailwind for upstream producers and supportive of cash flow and valuations. 3 Stocks Positioned to Gain From Ongoing Elevation in Crude Price
• Positive Sentiment: Company fundamentals still supportive: EOG reported an EPS beat in late Feb and recently declared a $1.02 quarterly dividend (annualized $4.08, ~2.9% yield), which underscores cash returns to shareholders and helps investor sentiment. EOG Insider/Dividend and SEC filing references
• Neutral Sentiment: EOG scheduled its Q1 2026 results conference call and webcast for May 6 — an upcoming catalyst that could drive volatility depending on production, pricing, and guidance detail. EOG Resources Schedules Conference Call and Webcast
• Neutral Sentiment: Truist initiated coverage with a “hold” and $146 price target — implies only modest upside from current levels and signals mixed near-term analyst conviction. Benzinga coverage note
• Negative Sentiment: Insider selling: CFO Ann Janssen sold 4,161 shares (~$583k) in a disclosed March transaction, which can be read negatively by some investors as reduced insider conviction (though she still holds a large position). EOG Resources CFO Sells Stock

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.