EOG Resources, Inc. (NYSE:EOG – Get Free Report) has received a consensus recommendation of “Hold” from the thirty analysts that are currently covering the firm, Marketbeat.com reports. Eighteen analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $140.8148.
A number of research analysts have commented on the stock. Stephens upped their target price on shares of EOG Resources from $138.00 to $139.00 and gave the company an “equal weight” rating in a research report on Thursday, February 12th. 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 report on Monday, January 5th. JPMorgan Chase & Co. boosted their price target on shares of EOG Resources from $115.00 to $125.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Zacks Research upgraded shares of EOG Resources from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Finally, UBS Group increased their price objective on shares of EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd.
Read Our Latest Report on EOG Resources
EOG Resources Price Performance
EOG Resources (NYSE:EOG – Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share 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 return on equity of 18.67% and a net margin of 22.00%.The company’s revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.74 EPS. Equities analysts expect that EOG Resources will post 11.47 EPS for the current year.
EOG Resources Announces Dividend
The company also recently declared 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. This represents a $4.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio is 44.79%.
Key EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Zacks highlights that analysts have been raising EOG’s earnings estimates, signaling upside momentum and supporting recent share gains. This kind of estimate revision often precedes further stock strength if commodity/pricing trends hold. Surging Earnings Estimates Signal Upside for EOG Resources (EOG) Stock
- Positive Sentiment: Zacks also profiles EOG as a strong momentum candidate, noting technical and fundamental factors that may attract momentum traders and support continued inflows. What Makes EOG Resources (EOG) a Strong Momentum Stock: Buy Now?
- Positive Sentiment: An independent price‑target bump to $155 was reported, signaling some analyst optimism on upside vs. prior targets and potentially supporting the stock if adopted by larger desks. EOG Resources (NYSE:EOG) Price Target Raised to $155.00
- Neutral Sentiment: Citi raised its price target on EOG to $150 but maintained a “hold/neutral” rating — a mixed signal: higher valuation reference but no upgrade to “buy,” which can limit immediate upside from institutional flows. EOG Resources (EOG) Gets a Hold from Citi
- Neutral Sentiment: Zacks’ broader coverage pieces (earnings‑ESP and stocks‑to‑watch articles) mention EOG among names that could beat or show momentum — helpful for visibility but not definitive near‑term catalysts. These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Negative Sentiment: A Yahoo Finance comparison piece notes Chord Energy (CHRD) has outperformed some oils & energy peers this year, calling out relative underperformance that can pressure EOG’s stock as investors rotate into stronger short‑term performers. Relative weakness versus a high‑momentum peer likely contributes to today’s pullback. Are Oils-Energy Stocks Lagging Chord Energy Corporation (CHRD) This Year?
Insider Buying and Selling at EOG Resources
In other news, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction on 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 sale, the chief operating officer owned 61,481 shares in the company, valued at $7,685,125. This represents a 3.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 12,532 shares of company stock valued at $1,666,045. Company insiders own 0.13% of the company’s stock.
Institutional Trading of EOG Resources
Institutional investors and hedge funds have recently bought and sold shares of the business. Acumen Wealth Advisors LLC purchased a new position in shares of EOG Resources in the fourth quarter valued at approximately $25,000. Prosperity Bancshares Inc acquired a new position in shares of EOG Resources in the fourth quarter valued at approximately $26,000. JCIC Asset Management Inc. purchased a new stake in EOG Resources during the 3rd quarter worth approximately $32,000. Gen Wealth Partners Inc purchased a new stake in EOG Resources during the 4th quarter worth approximately $30,000. Finally, Nemes Rush Group LLC acquired a new stake in EOG Resources during the 4th quarter worth approximately $30,000. 89.91% of the stock is currently owned by hedge funds and other institutional investors.
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.
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