EOG Resources (NYSE:EOG) Price Target Raised to $157.00

EOG Resources (NYSE:EOG) had its price target lifted by investment analysts at Raymond James Financial from $153.00 to $157.00 in a report released on Friday,MarketScreener reports. The brokerage presently has a “strong-buy” rating on the energy exploration company’s stock. Raymond James Financial’s price objective would indicate a potential upside of 29.92% from the stock’s previous close.

Several other research analysts also recently commented on the company. Susquehanna cut their target price on EOG Resources from $161.00 to $151.00 and set a “positive” rating for the company in a research note on Monday, January 26th. Morgan Stanley set a $128.00 price target on shares of EOG Resources and gave the stock an “equal weight” rating in a report on Friday, January 23rd. KeyCorp lowered shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Johnson Rice decreased their target price on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating on the stock in a report on Friday, December 5th. Finally, Royal Bank Of Canada set a $138.00 target price on shares of EOG Resources and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, EOG Resources presently has a consensus rating of “Hold” and a consensus price target of $134.30.

EOG Resources Stock Up 2.5%

EOG Resources stock opened at $120.85 on Friday. The firm has a 50 day simple moving average of $108.05 and a 200 day simple moving average of $111.49. The company has a current ratio of 1.62, a quick ratio of 1.43 and a debt-to-equity ratio of 0.25. EOG Resources has a 1-year low of $101.59 and a 1-year high of $135.87. The firm has a market capitalization of $65.57 billion, a price-to-earnings ratio of 12.04 and a beta of 0.49.

Insider Activity at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the sale, the chief operating officer owned 54,979 shares in the company, valued at approximately $5,810,180.72. This trade represents a 3.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cullen Capital Management LLC grew its position 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 worth $68,952,000 after buying an additional 25,753 shares during the last quarter. Rockland Trust Co. lifted its stake in EOG Resources by 5.1% in the third quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock worth $27,618,000 after acquiring an additional 11,965 shares during the period. Railway Pension Investments Ltd boosted its holdings in EOG Resources by 6.9% in the second quarter. Railway Pension Investments Ltd now owns 449,100 shares of the energy exploration company’s stock valued at $53,717,000 after acquiring an additional 28,800 shares in the last quarter. AlphaQuest LLC increased its position in EOG Resources by 1,413.5% during the 3rd quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock valued at $2,863,000 after purchasing an additional 23,846 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S increased its position in EOG Resources by 21.0% during the 3rd 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 purchasing an additional 11,442 shares during the period. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting EOG Resources

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

• Positive Sentiment: Stephens raised its price target to $139 (from $138) and kept an “equal weight” rating — a headline that likely supported buying interest by signaling ~15% upside vs. the current price. Read More. Read More.
• Positive Sentiment: Zacks Research increased its Q1 2026 EPS estimate to $2.69 (from $2.45), a small upward revision that could temper short‑term downside if results track that beat. Read More.
• Positive Sentiment: Zacks also nudged Q2 2026 EPS to $2.10 (from $2.06), another modest upward tweak. Read More.
• Negative Sentiment: Zacks cut multiple quarterly and annual forecasts across 2025–2027 (examples: Q4 2026 to $1.83 from $2.06; Q3/Q4 2027 cuts; FY2027 lowered to $9.31 from $10.41), signaling lower expected earnings and potentially pressuring valuation multiples. Read More.
• Negative Sentiment: Zacks Research currently carries a “Strong Sell” rating on EOG — a notable negative signal that may limit enthusiasm from institutional investors despite the price‑target tweak by Stephens. Read More.

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.