EOG Resources (NYSE:EOG) Price Target Raised to $140.00

EOG Resources (NYSE:EOG) had its target price raised by Wolfe Research from $137.00 to $140.00 in a research note published on Wednesday morning,MarketScreener reports. The firm currently has an outperform rating on the energy exploration company’s stock.

A number of other research analysts have also recently issued reports on EOG. KeyCorp cut shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a report on Friday, January 16th. Raymond James Financial raised their target price on EOG Resources from $153.00 to $157.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 13th. Sanford C. Bernstein reiterated a “market perform” rating and set a $126.00 price target (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. Stephens increased their price objective on EOG Resources from $138.00 to $139.00 and gave the company an “equal weight” rating in a report on Thursday, February 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of EOG Resources in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $134.59.

EOG Resources Trading Up 2.4%

Shares of NYSE:EOG opened at $124.07 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.43. The firm has a market capitalization of $66.56 billion, a P/E ratio of 13.62 and a beta of 0.49. The business’s 50-day moving average is $111.21 and its 200 day moving average is $111.79. EOG Resources has a 1 year low of $101.59 and a 1 year high of $130.52.

EOG Resources (NYSE:EOG) last posted 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 the consensus estimate of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.74 earnings per share. On average, research analysts predict that EOG Resources will post 11.47 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 3.3%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio is currently 44.79%.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the completion of the transaction, the chief operating officer directly owned 61,481 shares of the company’s stock, valued at $7,685,125. The trade was a 3.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is currently owned by company insiders.

Institutional Trading of EOG Resources

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cullen Capital Management LLC boosted its holdings in EOG Resources by 4.7% in the 2nd quarter. Cullen Capital Management LLC now owns 576,470 shares of the energy exploration company’s stock worth $68,952,000 after buying an additional 25,753 shares during the last quarter. Rockland Trust Co. boosted its stake in EOG Resources by 5.1% during the 3rd quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock worth $27,618,000 after purchasing an additional 11,965 shares during the last quarter. Railway Pension Investments Ltd grew its holdings in shares of EOG Resources by 6.9% during the second quarter. Railway Pension Investments Ltd now owns 449,100 shares of the energy exploration company’s stock worth $53,717,000 after buying an additional 28,800 shares in the last quarter. AlphaQuest LLC raised its position in shares of EOG Resources by 1,413.5% in the third quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock valued at $2,863,000 after buying an additional 23,846 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of EOG Resources by 21.0% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock worth $7,380,000 after buying an additional 11,442 shares in the last quarter. Institutional investors and hedge funds 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: Q4 earnings beat and operational strength — EOG topped EPS estimates, reported large YoY production gains and strong free cash flow, underpinning investor confidence. EOG Resources Q4 Earnings Beat Estimates on Higher Production Volumes
• Positive Sentiment: 2026 guidance emphasizes cash generation and growth — management outlined a $4.5B free cash flow target with ~5% oil growth and ~13% total production growth, supporting returns and buyback/dividend potential. EOG outlines $4.5B free cash flow target for 2026
• Positive Sentiment: Analyst upgrade momentum — Wolfe Research raised its price target to $140 and kept an outperform rating, adding upward analyst pressure on the stock. Wolfe Research adjusts price target on EOG Resources to $140
• Positive Sentiment: Institutional buying — Aster Capital increased its stake materially, signaling additional investor interest. Aster Capital Management DIFC Ltd Has $935,000 Stake in EOG Resources, Inc.
• Positive Sentiment: Capex plan supports production stability — Management plans ~$6.5B capex while keeping production at Q4 levels, balancing growth with returns. EOG keeping production at fourth-quarter levels with $6.5 billion capex plan
• Neutral Sentiment: JPMorgan nudged its target higher to $125 but kept a neutral rating — modestly positive signal but not a conviction upgrade. JPMorgan adjusts EOG Resources PT to $125
• Neutral Sentiment: Morgan Stanley maintains a Hold — analysts note solid fundamentals but see a balanced risk/reward, keeping some selling pressure possible. EOG Resources: Solid fundamentals but Hold rating
• Neutral Sentiment: Exploration interest abroad — commentary about U.S. players eyeing Middle East opportunities is strategic longer-term potential but uncertain near-term impact. Exploration drilling: US player excited about ‘size of the prize’ in Middle East
• Negative Sentiment: Susquehanna trimmed its price target from $151 to $144 — a downward PT revision that could cap near-term upside despite the firm retaining a positive rating. Susquehanna adjusts price target on EOG Resources to $144
• Negative Sentiment: Revenue pressure from commodity mix and costs — while EPS beat, revenue was affected by softer crude prices and higher costs, which could limit margin expansion if commodity prices weaken. EOG Resources Q4 revenue note

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.