EOG Resources (NYSE:EOG) Given New $147.00 Price Target at Mizuho

EOG Resources (NYSE:EOG) had its price objective hoisted by stock analysts at Mizuho from $146.00 to $147.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the energy exploration company’s stock. Mizuho’s price target points to a potential upside of 5.16% from the stock’s current price.

Other analysts have also recently issued reports about the company. Morgan Stanley boosted their price target on EOG Resources from $128.00 to $155.00 and gave the stock an “equal weight” rating in a report on Friday, March 27th. Truist Financial started coverage on shares of EOG Resources in a report on Tuesday, March 24th. They issued a “hold” rating and a $146.00 price objective for the company. Piper Sandler lifted their target price on shares of EOG Resources from $127.00 to $144.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Raymond James Financial boosted their target price on shares of EOG Resources from $153.00 to $157.00 and gave the stock a “strong-buy” rating in a report on Friday, February 13th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $126.00 price target (down from $144.00) on shares of EOG Resources in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, EOG Resources currently has an average rating of “Hold” and a consensus price target of $140.85.

EOG Resources Price Performance

Shares of EOG traded down $4.78 during trading hours on Wednesday, reaching $139.79. The stock had a trading volume of 779,524 shares, compared to its average volume of 5,318,269. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. EOG Resources has a 12 month low of $101.59 and a 12 month high of $151.87. The stock has a market capitalization of $74.89 billion, a PE ratio of 15.34, a PEG ratio of 3.12 and a beta of 0.44. The company’s 50-day moving average is $124.99 and its two-hundred day moving average is $114.21.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.EOG Resources’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.74 EPS. Research analysts expect that EOG Resources will post 11.47 EPS for the current year.

Insider Transactions at EOG Resources

In other news, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the transaction, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at $14,038,449.84. The trade was a 3.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $130.00, for a total value of $260,000.00. Following the sale, the chief operating officer owned 88,045 shares in the company, valued at approximately $11,445,850. The trade was a 2.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, 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 Investors Weigh In On EOG Resources

A number of hedge funds have recently added to or reduced their stakes in the business. First Trust Advisors LP increased its position in shares of EOG Resources by 64.1% during the second quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock worth $445,921,000 after acquiring an additional 1,456,928 shares in the last quarter. Franklin Resources Inc. lifted its position in EOG Resources by 24.2% in the 4th quarter. Franklin Resources Inc. now owns 6,443,453 shares of the energy exploration company’s stock valued at $676,627,000 after acquiring an additional 1,257,110 shares in the last quarter. Marshall Wace LLP boosted its stake in EOG Resources by 474.7% during the 4th quarter. Marshall Wace LLP now owns 1,318,254 shares of the energy exploration company’s stock valued at $138,430,000 after purchasing an additional 1,088,867 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in EOG Resources by 23.9% during the 4th quarter. Bank of New York Mellon Corp now owns 4,669,969 shares of the energy exploration company’s stock worth $490,394,000 after purchasing an additional 901,897 shares in the last quarter. Finally, Capital World Investors increased its holdings in EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after purchasing an additional 782,426 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Mizuho raised EOG’s stock price target, citing a stronger EBITDA outlook — this supports higher valuation expectations and signals improving fundamentals. Mizuho raises EOG Resources stock price target on EBITDA outlook
• Positive Sentiment: EOG hit a new 52-week high after an analyst upgrade — a technical/flow positive that can attract momentum traders. EOG Reaches New 52-Week High After Analyst Upgrade
• Positive Sentiment: Analysts and earnings-estimate revisions point to upside for EOG (Zacks coverage highlights rising estimates), supporting future EPS and valuation expectations. Surging Earnings Estimates Signal Upside for EOG
• Neutral Sentiment: Brokerage consensus remains a “Hold” on EOG (average recommendation), which tempers upside expectations despite upgrades. EOG Receives Average Recommendation of “Hold”
• Neutral Sentiment: Citigroup raised its price target from $115 to $150 but kept a neutral rating — a mixed signal (higher target but no conviction to a buy). Citigroup raises EOG price target to $150, keeps neutral
• Negative Sentiment: Crude oil prices fell (Brent below $100) after comments tied to the Iran war, which directly pressures EOG’s near-term revenue and margins and is the main driver of today’s weakness in the stock. Oil Drops Below $100 a Barrel Ahead of Trump Addressing the Nation About Iran War

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.