EOG Resources (NYSE:EOG) Price Target Raised to $160.00

EOG Resources (NYSE:EOG) had its price objective hoisted by investment analysts at BMO Capital Markets from $140.00 to $160.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the energy exploration company’s stock. BMO Capital Markets’ price objective points to a potential upside of 14.60% from the company’s current price.

A number of other equities research analysts also recently commented on EOG. Morgan Stanley lifted their price target on shares of EOG Resources from $128.00 to $155.00 and gave the stock an “equal weight” rating in a report on Friday, March 27th. Sanford C. Bernstein restated a “market perform” rating and set a $126.00 target price (down from $144.00) on shares of EOG Resources in a research report on Monday, January 5th. Scotiabank raised shares of EOG Resources to a “hold” rating in a research note on Friday, March 27th. Barclays boosted their price target on EOG Resources from $133.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. Finally, Roth Mkm restated a “neutral” rating and set a $110.00 price objective on shares of EOG Resources in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $145.04.

EOG Resources Price Performance

Shares of EOG traded down $4.96 during trading hours on Wednesday, reaching $139.61. 2,130,647 shares of the company traded hands, compared to its average volume of 5,344,823. The stock has a market capitalization of $74.79 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 3.12 and a beta of 0.44. The stock has a fifty day simple moving average of $124.99 and a 200 day simple moving average of $114.21. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $151.87. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27.

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

Insider Activity at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources 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 transaction, the chief operating officer owned 61,481 shares in the company, valued at $7,685,125. This trade represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the sale, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at $14,038,449.84. This represents a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,532 shares of company stock valued at $1,666,045 in the last ninety days. 0.13% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cullen Capital Management LLC lifted its stake in shares of EOG Resources by 4.7% in the 2nd quarter. Cullen Capital Management LLC now owns 576,470 shares of the energy exploration company’s stock valued at $68,952,000 after purchasing an additional 25,753 shares in the last quarter. Rockland Trust Co. increased its position in EOG Resources by 5.1% during the 3rd quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock worth $27,618,000 after purchasing an additional 11,965 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its holdings in EOG Resources by 21.0% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock valued at $7,380,000 after buying an additional 11,442 shares during the period. Legal & General Group Plc raised its holdings in EOG Resources by 2.1% in the third quarter. Legal & General Group Plc now owns 3,394,236 shares of the energy exploration company’s stock valued at $380,562,000 after buying an additional 68,888 shares during the period. Finally, AlphaQuest LLC lifted its position in EOG Resources by 1,413.5% during the third quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock valued at $2,863,000 after buying an additional 23,846 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources News Roundup

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

• Positive Sentiment: Citigroup raised EOG’s price target to $150 (from $115) while keeping a “neutral” rating — a materially higher target that suggests upside vs. the current price and likely helped recent buying and the stock’s run to a 52‑week high. Article Title
• Positive Sentiment: Mizuho raised its price target (to $147) and cited a stronger EBITDA outlook — this upgrade on fundamentals supports medium‑term value expectations for EOG. Article Title
• Positive Sentiment: Analyst estimate revisions and Zacks coverage point to rising earnings expectations for EOG, which can support further gains if energy prices stabilize. Article Title
• Neutral Sentiment: Brokerage consensus remains clustered around “hold” for EOG, indicating analysts see limited near‑term directional conviction despite raised targets. Article Title
• Neutral Sentiment: Coverage notes and momentum articles highlight EOG as a strong momentum name after upgrades — helpful for retail/institutional interest but not a direct earnings catalyst. Article Title
• Negative Sentiment: Global crude fell sharply (Brent below $100, WTI down ~4–5%) after comments suggesting the Middle East war might ease; lower oil prices directly reduce near‑term revenue and margin outlooks for producers like EOG. Article Title

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.