EOG Resources, Inc. (NYSE:EOG) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of EOG Resources, Inc. (NYSE:EOG) have earned an average rating of “Moderate Buy” from the thirty ratings firms that are presently covering the company, MarketBeat.com reports. Sixteen research analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $155.0357.

A number of brokerages have recently weighed in on EOG. JPMorgan Chase & Co. dropped their price target on EOG Resources from $148.00 to $142.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. UBS Group lowered their price objective on EOG Resources from $168.00 to $158.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. Raymond James Financial dropped their target price on EOG Resources from $186.00 to $176.00 and set a “strong-buy” rating on the stock in a research report on Monday, June 22nd. Zacks Research lowered EOG Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings upgraded EOG Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th.

EOG Resources Price Performance

EOG opened at $133.53 on Friday. The firm has a market cap of $71.12 billion, a price-to-earnings ratio of 13.14 and a beta of 0.25. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $151.87. The company’s 50-day moving average price is $135.69 and its 200 day moving average price is $127.28. The company has a quick ratio of 1.53, a current ratio of 1.72 and a debt-to-equity ratio of 0.26.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. The company had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.EOG Resources’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.87 earnings per share. As a group, sell-side analysts expect that EOG Resources will post 16.19 earnings per share for the current year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio (DPR) is 40.16%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sivia Capital Partners LLC acquired a new position in EOG Resources during the 2nd quarter worth $258,000. Quantbot Technologies LP bought a new position in EOG Resources in the 2nd quarter valued at about $349,000. Gamco Investors INC. ET AL increased its stake in EOG Resources by 216.1% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock valued at $785,000 after buying an additional 4,485 shares during the period. NewEdge Advisors LLC increased its stake in EOG Resources by 2.0% during the 2nd quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock valued at $2,725,000 after buying an additional 444 shares during the period. Finally, Sei Investments Co. raised its position in shares of EOG Resources by 4.4% during the 2nd quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock worth $43,356,000 after buying an additional 15,250 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Several recent analyst estimate revisions were constructive, with Zacks Research lifting earnings forecasts for 2026 and 2027 periods, suggesting expectations for EOG’s near-term profitability remain solid.
• Positive Sentiment: One valuation-focused article argued that EOG still looks below fair value, which may support longer-term investor interest if crude prices remain stable.
• Neutral Sentiment: There was no fresh operational update from EOG today; the stock appears to be moving mainly on broader oil-market sentiment and commodity-price expectations.
• Neutral Sentiment: Market commentary pointed to easing oil supply concerns after OPEC+ signaled additional barrels could return to the market, which can pressure upstream producers like EOG.
• Negative Sentiment: Citigroup lowered its price target on EOG to $141 from $147 while keeping a neutral rating, reinforcing a more cautious near-term view from Wall Street.
• Negative Sentiment: Rising supply expectations in crude markets may weigh on EOG’s shares because the company’s cash flow and earnings are closely tied to benchmark oil prices.

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.