EOG Resources (NYSE:EOG) Price Target Raised to $149.00 at Mizuho

EOG Resources (NYSE:EOG) had its target price hoisted by equities research analysts at Mizuho from $147.00 to $149.00 in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The brokerage presently has a “neutral” rating on the energy exploration company’s stock. Mizuho’s price objective indicates a potential upside of 9.65% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets lifted their price objective on EOG Resources from $140.00 to $160.00 and gave the stock an “outperform” rating in a report on Wednesday, April 1st. Wells Fargo & Company raised their target price on EOG Resources from $155.00 to $199.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. JPMorgan Chase & Co. increased their price objective on EOG Resources from $115.00 to $125.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Scotiabank increased their price objective on EOG Resources from $123.00 to $139.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Finally, Jefferies Financial Group upped their price objective on shares of EOG Resources from $146.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have given a Hold rating to the company. Based on data from MarketBeat.com, EOG Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.75.

EOG Resources Stock Performance

Shares of EOG traded down $4.94 during trading hours on Wednesday, hitting $135.88. The stock had a trading volume of 815,692 shares, compared to its average volume of 4,952,269. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. The firm has a 50-day moving average price of $135.28 and a 200 day moving average price of $117.95. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $151.87. The firm has a market capitalization of $72.80 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 1.76 and a beta of 0.27.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.23 by $0.18. The firm had revenue of $6.92 billion during the quarter, compared to analysts’ expectations of $6.18 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business’s revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.87 EPS. As a group, research analysts anticipate that EOG Resources will post 14.75 EPS for the current year.

Insider Transactions at EOG Resources

In related news, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at $14,038,449.84. This represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at approximately $13,234,924.40. This represents a 6.08% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 18,230 shares of company stock worth $2,522,568. Corporate insiders own 0.14% of the company’s stock.

Institutional Inflows and Outflows

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

More EOG Resources News

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

• Positive Sentiment: EOG beat Q1 estimates and raised its oil production outlook; management said production and free cash flow topped guidance, underpinning stronger near-term fundamentals and investor returns. EOG Beats Q1 Estimates and Raises Oil Production Outlook
• Positive Sentiment: Quarterly results: EPS $3.41 vs. consensus ~$3.23 and revenue $6.92B vs. ~$6.18B (revenue +22% YoY), signaling stronger margins and cash generation. EOG Resources (EOG) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: EOG was added to the Zacks Rank #1 (Strong Buy) list, which can attract momentum investors and increase buy-side interest. New Strong Buy Stocks for May 6th
• Positive Sentiment: EOG declared a quarterly cash dividend of $1.02 per share (quarterly), implying an ~2.9% yield and reinforcing the company’s return-of-capital profile; ex-dividend date set for July 17. Dividend Declaration
• Positive Sentiment: Company published supplemental Q1 financial and operating data and a slide deck that provide transparency on production, capital allocation and returns — useful for modeling forward free cash flow. EOG Issues Q1 2026 Data and Outlook
• Neutral Sentiment: Analyst coverage is broadly constructive but cautious; some pieces note upside from commodity prices while others flag valuation and exposure to oil/gas price swings. EOG Stock Outlook: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Coverage highlighted gas pricing and returns as areas to watch going forward — positive commodity moves help, but volatility could affect near-term results. Earnings Ahead: Gas Pricing, Returns in Spotlight

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.