Citigroup Cuts EOG Resources (NYSE:EOG) Price Target to $142.00

17 Apr 2026, 03:02 by Amy Steele · The Cerbat Gem

EOG Resources (NYSE:EOG – Free Report) had its price objective decreased by Citigroup from $150.00 to $142.00 in a research note issued to investors on Tuesday morning, Marketbeat reports. Citigroup currently has a neutral rating on the energy exploration company’s stock.

A number of other analysts also recently issued reports on the company. Capital One Financial raised their target price on EOG Resources from $130.00 to $161.00 and gave the stock an “overweight” rating in a research report on Thursday, March 26th. Mizuho lifted their price target on EOG Resources from $146.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, April 1st. Roth Mkm reiterated a “neutral” rating and issued a $110.00 price target on shares of EOG Resources in a research report on Wednesday, February 25th. Stephens lifted their price target on EOG Resources from $139.00 to $170.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 31st. Finally, KeyCorp cut EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eighteen have issued a Hold rating to the stock. Based on data from MarketBeat, EOG Resources currently has a consensus rating of “Hold” and an average price target of $151.11.

View Our Latest Analysis on EOG Resources

EOG Resources Stock Performance

NYSE:EOG opened at $133.90 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42. The business has a fifty day simple moving average of $131.82 and a two-hundred day simple moving average of $116.01. EOG Resources has a 1 year low of $101.59 and a 1 year high of $151.87. The company has a market capitalization of $71.73 billion, a P/E ratio of 14.70, a P/E/G ratio of 2.77 and a beta of 0.32.

EOG Resources (NYSE:EOG – Get Free Report) last released its 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. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.36 billion. During the same period last year, the business posted $2.74 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. On average, analysts expect that EOG Resources will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 annualized dividend and a yield of 3.0%. EOG Resources’s dividend payout ratio (DPR) is currently 44.79%.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the sale, the chief operating officer owned 88,045 shares of the company’s stock, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 18,230 shares of company stock valued at $2,522,568 in the last three months. 0.14% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EOG Resources

Several hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its stake in EOG Resources by 63.2% during the first quarter. SG Americas Securities LLC now owns 979,410 shares of the energy exploration company’s stock worth $141,593,000 after purchasing an additional 379,386 shares during the last quarter. Evolve Private Wealth LLC lifted its stake in EOG Resources by 21.4% during the first quarter. Evolve Private Wealth LLC now owns 4,487 shares of the energy exploration company’s stock worth $649,000 after purchasing an additional 790 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its stake in EOG Resources by 93.5% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 60,110 shares of the energy exploration company’s stock worth $8,690,000 after purchasing an additional 29,040 shares during the last quarter. Terra Nova Asset Management LLC bought a new stake in EOG Resources during the first quarter worth about $259,000. Finally, Quotient Wealth Partners LLC bought a new stake in EOG Resources during the first quarter worth about $247,000. Institutional investors own 89.91% of the company’s stock.

About EOG Resources

(Get Free Report)

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).