EOG Resources, Inc. (NYSE:EOG – Get Free Report)’s stock price was down 4.6% during trading on Tuesday . The stock traded as low as $141.75 and last traded at $143.0430. Approximately 2,998,614 shares changed hands during trading, a decline of 44% from the average daily volume of 5,342,789 shares. The stock had previously closed at $149.89.
EOG Resources News Summary
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: BMO Capital Markets raised its price target to $160 and reiterated an outperform view, signaling stronger sell‑side conviction and potential buying interest. Article Title
- Positive Sentiment: Stephens lifted its target to $170 (equal‑weight), a notably higher valuation that suggests up to ~21% upside from current levels and could drive fresh flows if other funds follow. Article Title
- Positive Sentiment: Analyst revisions and consensus estimate momentum: coverage notes (Zacks and others) point to rising earnings estimates and EBITDA upside that support a higher multiple for EOG given its recent beat and strong margins. Article Title
- Positive Sentiment: Mizuho raised its target citing an improved EBITDA outlook — analyst commentary like this reinforces revisions-driven upside and underpins other price‑target lifts. Article Title
- Neutral Sentiment: Broker consensus remains around a “Hold” on average — a reminder that while some shops are more bullish, the street view is mixed and broad conviction is not unanimous. Article Title
- Neutral Sentiment: Peripheral sector items (e.g., corporate actions at smaller explorers) are being reported but are unlikely to move EOG materially. Article Title
- Negative Sentiment: Crude prices plunged after comments that Iran sought a cease‑fire and as hopes rose for a quicker end to the Middle East conflict — Brent and WTI fell sharply, removing a key commodity tailwind for EOG’s near‑term cash flow and sentiment. Article Title
- Negative Sentiment: Early‑morning headlines showed oil briefly below $100/bbl, amplifying downside risk for E&P multiples and near‑term production economics if the decline persists. Article Title
Analysts Set New Price Targets
Several research analysts have recently issued reports on EOG shares. Capital One Financial boosted their price objective on shares of EOG Resources from $130.00 to $161.00 and gave the stock an “overweight” rating in a report on Thursday, March 26th. Roth Mkm reissued a “neutral” rating and set a $110.00 target price on shares of EOG Resources in a research report on Wednesday, February 25th. Zacks Research raised EOG Resources from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. BMO Capital Markets raised their price objective on EOG Resources from $140.00 to $160.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $126.00 price objective (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eighteen have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $145.04.
EOG Resources Stock Down 2.8%
The company has a market capitalization of $75.28 billion, a price-to-earnings ratio of 15.42, a P/E/G ratio of 3.10 and a beta of 0.32. The business has a fifty day simple moving average of $125.64 and a two-hundred day simple moving average of $114.40. 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 – Get Free Report) last posted its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping the consensus estimate of $2.20 by $0.07. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.EOG Resources’s revenue was up .9% on a year-over-year basis. During the same quarter last year, the company earned $2.74 EPS. Equities analysts expect that EOG Resources, Inc. will post 11.47 EPS 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 issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.
Insider Buying and Selling at EOG Resources
In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’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 transaction, the chief operating officer directly owned 88,045 shares in the company, valued at $11,445,850. The trade was a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was 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 approximately $14,038,449.84. The trade was a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,532 shares of company stock worth $1,666,045 in the last 90 days. 0.13% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On EOG Resources
Large investors have recently bought and sold shares of the business. Acumen Wealth Advisors LLC acquired a new position in EOG Resources in the fourth quarter worth $25,000. Prosperity Bancshares Inc bought a new position in shares of EOG Resources in the fourth quarter valued at about $26,000. Nemes Rush Group LLC acquired a new position in EOG Resources during the 4th quarter worth about $30,000. Gen Wealth Partners Inc bought a new stake in EOG Resources during the 4th quarter worth about $30,000. Finally, JCIC Asset Management Inc. bought a new stake in EOG Resources during the 3rd quarter worth about $32,000. 89.91% of the stock is currently owned by institutional investors.
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.
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