EOG Resources (NYSE:EOG) Price Target Raised to $146.00

EOG Resources (NYSE:EOG) had its target price boosted by Jefferies Financial Group from $140.00 to $146.00 in a report released on Monday morning,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the energy exploration company’s stock.

Several other equities research analysts have also recently issued reports on the company. Wolfe Research boosted their price target on EOG Resources from $137.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Piper Sandler set a $123.00 target price on EOG Resources and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Wells Fargo & Company reissued an “overweight” rating and set a $127.00 target price (up from $126.00) on shares of EOG Resources in a report on Tuesday, January 27th. Scotiabank set a $123.00 price target on EOG Resources and gave the stock a “sector perform” rating in a research report on Friday, January 16th. Finally, Morgan Stanley set a $128.00 price objective on shares of EOG Resources and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $135.15.

EOG Resources Stock Performance

EOG stock opened at $128.01 on Monday. EOG Resources has a 52 week low of $101.59 and a 52 week high of $131.32. The company has a market capitalization of $68.68 billion, a PE ratio of 14.05 and a beta of 0.44. The company’s 50-day simple moving average is $112.67 and its 200 day simple moving average is $111.93. 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 issued its quarterly earnings data 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 analysts’ expectations of $5.36 billion. During the same quarter in the previous year, the company earned $2.74 EPS. The business’s revenue was up .9% on a year-over-year basis. As a group, sell-side analysts anticipate that EOG Resources will post 11.47 earnings per share for the current year.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 annualized dividend and a yield of 3.2%. EOG Resources’s payout ratio is presently 44.79%.

Insider Activity at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction dated 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 transaction, the chief operating officer owned 61,481 shares of the company’s stock, valued at approximately $7,685,125. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 7,774 shares of company stock valued at $945,895 over the last three months. 0.13% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On EOG Resources

A number of institutional investors have recently added to or reduced their stakes in the stock. Capital World Investors lifted its stake in EOG Resources by 1.4% during 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 purchasing an additional 782,426 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of EOG Resources by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after buying an additional 446,341 shares in the last quarter. State Street Corp lifted its position in EOG Resources by 0.3% in the 4th quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock worth $3,209,365,000 after buying an additional 100,080 shares during the last quarter. Capital Research Global Investors boosted its stake in EOG Resources by 0.5% in the third quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock worth $2,794,784,000 after buying an additional 122,486 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in EOG Resources by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock valued at $2,099,028,000 after acquiring an additional 371,548 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

More EOG Resources News

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

• Positive Sentiment: BMO Capital Markets raised its price target to $140 and maintained an “outperform” rating, signaling roughly 9% upside vs. the current level. BMO Capital PT Raise
• Positive Sentiment: UBS raised its price target to $149 and kept a “buy” rating — a larger implied upside (~16%) that can support further buying interest. UBS PT Raise
• Positive Sentiment: Zacks Research upgraded EOG from “strong sell” to “hold,” reducing a negative analyst stance and removing a potential headwind to sentiment. Zacks Upgrade
• Neutral Sentiment: Coverage and commentary note recent share-price momentum (double-digit moves over 1–3 months) and ask whether valuation now matches fundamentals — this keeps EOG on investors’ radar but is mixed for near-term direction. Valuation Analysis
• Neutral Sentiment: Management presented at the Raymond James institutional conference (transcript available), providing investor access to strategy and execution commentary — useful for longer-term conviction but not an immediate catalyst. Conference Transcript
• Neutral Sentiment: Finance press pieces discuss relative performance vs. the Dow and broader energy/LNG sector headlines (e.g., Venture Global results) — useful context but not directly company-specific catalysts. Performance Discussion Sector Headline
• Negative Sentiment: COO Jeffrey R. Leitzell sold 2,000 shares on March 3 at an average $130 and 1,774 shares on March 2 at $126.57, trimming his stake by ~2% across the two trades. Insider sales can be viewed negatively by some investors, though the sizes are modest relative to his remaining holdings. SEC Filing

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.