Stephens Increases EOG Resources (NYSE:EOG) Price Target to $139.00

EOG Resources (NYSE:EOG) had its price objective upped by stock analysts at Stephens from $138.00 to $139.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the energy exploration company’s stock. Stephens’ target price suggests a potential upside of 15.02% from the stock’s current price.

A number of other research analysts have also commented on the stock. Piper Sandler set a $123.00 price objective on shares of EOG Resources and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Susquehanna decreased their price target on EOG Resources from $161.00 to $151.00 and set a “positive” rating for the company in a research note on Monday, January 26th. The Goldman Sachs Group dropped their price objective on EOG Resources from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Thursday, January 22nd. UBS Group restated a “buy” rating and issued a $141.00 price objective (down previously from $144.00) on shares of EOG Resources in a report on Friday, December 12th. Finally, KeyCorp cut EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $134.15.

EOG Resources Stock Performance

EOG stock opened at $120.85 on Thursday. The company has a 50-day simple moving average of $108.05 and a 200 day simple moving average of $111.49. The company has a market capitalization of $65.57 billion, a P/E ratio of 12.04 and a beta of 0.49. The company has a quick ratio of 1.43, a current ratio of 1.62 and a debt-to-equity ratio of 0.25. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $135.87.

Insider Activity at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total transaction of $211,360.00. Following the transaction, the chief operating officer owned 54,979 shares in the company, valued at approximately $5,810,180.72. The trade was a 3.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On EOG Resources

Several institutional investors and hedge funds have recently bought and sold shares of EOG. Caitong International Asset Management Co. Ltd boosted its holdings in shares of EOG Resources by 10,950.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 221 shares of the energy exploration company’s stock worth $26,000 after purchasing an additional 219 shares during the period. Acumen Wealth Advisors LLC purchased a new stake in EOG Resources in the 4th quarter worth approximately $25,000. JCIC Asset Management Inc. purchased a new stake in EOG Resources in the 3rd quarter worth approximately $32,000. Gen Wealth Partners Inc acquired a new stake in shares of EOG Resources during the 4th quarter valued at $30,000. Finally, Nemes Rush Group LLC purchased a new position in shares of EOG Resources during the 4th quarter valued at $30,000. 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: Stephens raised its price target to $139 (from $138) and kept an “equal weight” rating — a headline that likely supported buying interest by signaling ~15% upside vs. the current price. Read More. Read More.
• Positive Sentiment: Zacks Research increased its Q1 2026 EPS estimate to $2.69 (from $2.45), a small upward revision that could temper short‑term downside if results track that beat. Read More.
• Positive Sentiment: Zacks also nudged Q2 2026 EPS to $2.10 (from $2.06), another modest upward tweak. Read More.
• Negative Sentiment: Zacks cut multiple quarterly and annual forecasts across 2025–2027 (examples: Q4 2026 to $1.83 from $2.06; Q3/Q4 2027 cuts; FY2027 lowered to $9.31 from $10.41), signaling lower expected earnings and potentially pressuring valuation multiples. Read More.
• Negative Sentiment: Zacks Research currently carries a “Strong Sell” rating on EOG — a notable negative signal that may limit enthusiasm from institutional investors despite the price‑target tweak by Stephens. Read More.

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.