EOG Resources (NYSE:EOG) Price Target Raised to $162.00

24 Apr 2026, 01:44 by Teresa Graham · The Cerbat Gem

EOG Resources (NYSE:EOG – Free Report) had its target price lifted by Susquehanna from $144.00 to $162.00 in a research report report published on Tuesday morning,MarketScreener reports. The brokerage currently has a positive rating on the energy exploration company’s stock.

Other analysts have also recently issued reports about the company. Scotiabank raised EOG Resources to a “hold” rating in a research report on Friday, March 27th. UBS Group increased their price objective on EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Jefferies Financial Group increased their price objective on EOG Resources from $146.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Raymond James Financial increased their price objective on EOG Resources from $157.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 27th. Finally, Citigroup decreased their price objective on EOG Resources from $150.00 to $142.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eighteen have given a Hold rating to the stock. Based on data from MarketBeat, EOG Resources has an average rating of “Hold” and a consensus price target of $153.68.

Read Our Latest Stock Analysis on EOG Resources

EOG Resources Stock Up 0.7%

Shares of NYSE EOG opened at $133.91 on Tuesday. The stock has a market cap of $71.74 billion, a PE ratio of 14.70, a price-to-earnings-growth ratio of 2.65 and a beta of 0.32. 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 has a 52-week low of $101.59 and a 52-week high of $151.87. The business has a 50-day moving average price of $133.44 and a 200 day moving average price of $116.70.

EOG Resources (NYSE:EOG – Get Free Report) last announced its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. The firm 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 business’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.74 EPS. Equities research analysts forecast that EOG Resources will post 13.45 earnings per share for the current year.

EOG Resources Announces Dividend

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

Insider Buying and Selling

In other news, COO Jeffrey R. Leitzell sold 5,698 shares of the stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at approximately $13,234,924.40. This represents a 6.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,230 shares of company stock valued at $2,522,568 over the last ninety days. 0.14% of the stock is owned by insiders.

Hedge Funds Weigh In On EOG Resources

A number of large investors have recently modified their holdings of the business. Premier Path Wealth Partners LLC purchased a new position in shares of EOG Resources during the 1st quarter worth approximately $331,000. Conscious Wealth Investments LLC raised its stake in shares of EOG Resources by 87.8% during the 1st quarter. Conscious Wealth Investments LLC now owns 30,202 shares of the energy exploration company’s stock worth $3,998,000 after buying an additional 14,116 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in shares of EOG Resources by 225.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock worth $26,000 after buying an additional 124 shares in the last quarter. Drucker Wealth 3.0 LLC raised its stake in shares of EOG Resources by 12.2% during the 1st quarter. Drucker Wealth 3.0 LLC now owns 2,223 shares of the energy exploration company’s stock worth $321,000 after buying an additional 242 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in shares of EOG Resources by 15.2% during the 1st quarter. Inspire Investing LLC now owns 6,165 shares of the energy exploration company’s stock worth $891,000 after buying an additional 815 shares in the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting EOG Resources

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

Positive Sentiment: Susquehanna raised its price target to $162, signaling stronger upside expectations vs. current levels — a clear analyst-driven positive for the stock. Susquehanna Boosts EOG Resources Price Target
Positive Sentiment: An American Banking News piece reports The Goldman Sachs Group forecasting strong price appreciation for EOG, which, if tied to upgraded models, could attract buying interest. Goldman Sachs Forecasts Strong Price Appreciation
Positive Sentiment: Scotiabank raised its target from $123 to $139 and kept a “sector perform” rating — a modest lift to consensus valuation that supports near-term upside. Scotiabank Price Target Raise
Positive Sentiment: Technical momentum has improved (RS rating jumped to 81), indicating relative strength versus peers and potentially drawing momentum-focused buyers. RS Rating Jump Report
Neutral Sentiment: A Yahoo Finance valuation piece notes EOG is back in focus as Q1 earnings approach and highlights the company’s recent pattern of earnings beats — useful context but not a direct catalyst by itself. Yahoo Valuation Article
Neutral Sentiment: Zacks published comparative and thematic pieces (Devon vs. EOG; energy stock picks) that frame EOG relative to peers — informative for allocation decisions but not an immediate share-mover. Zacks Devon vs EOG Zacks Energy Picks
Negative Sentiment: Bernstein reiterated a “hold” on EOG, which suggests limited near-term upside from their view and may restrain investor enthusiasm. Bernstein Remains Hold
Negative Sentiment: The Globe and Mail also reports Goldman Sachs “remains a hold” in another note — mixed messages across outlets may create short-term confusion about analyst conviction. Goldman Sachs Remains Hold

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).

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.