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

EOG Resources (NYSE:EOG) had its price target increased by UBS Group from $141.00 to $149.00 in a research report released on Monday,MarketScreener reports. They currently have a buy rating on the energy exploration company’s stock.

A number of other research firms have also recently commented on EOG. Jefferies Financial Group increased their price objective on shares of EOG Resources from $140.00 to $146.00 and gave the company a “buy” rating in a report on Monday. Capital One Financial reduced their price target on shares of EOG Resources from $131.00 to $130.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Susquehanna lowered their price objective on EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a report on Thursday, February 26th. Sanford C. Bernstein reiterated a “market perform” rating and set a $126.00 price objective (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. Finally, Johnson Rice reduced their target price on EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $135.15.

EOG Resources Stock Performance

Shares of EOG opened at $128.01 on Monday. The stock has a fifty day moving average price of $112.67 and a 200-day moving average price of $111.93. EOG Resources has a 12 month low of $101.59 and a 12 month high of $131.32. The firm has a market cap of $68.68 billion, a PE ratio of 14.05 and a beta of 0.44. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27.

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

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.2%. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total transaction of $260,000.00. Following the completion of the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at $11,445,850. This trade represents a 2.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last quarter, insiders sold 7,774 shares of company stock valued at $945,895. 0.13% of the stock is currently owned by insiders.

Institutional Trading of EOG Resources

A number of large investors have recently made changes to their positions in the company. Acumen Wealth Advisors LLC purchased a new position in EOG Resources in the fourth quarter valued at $25,000. Prosperity Bancshares Inc acquired a new position in shares of EOG Resources during the 4th quarter worth about $26,000. Nemes Rush Group LLC purchased a new position in shares of EOG Resources in the 4th quarter valued at about $30,000. Gen Wealth Partners Inc acquired a new stake in shares of EOG Resources during the 4th quarter worth about $30,000. Finally, JCIC Asset Management Inc. acquired a new stake in shares of EOG Resources during the 3rd quarter worth about $32,000. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Key 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.