EOG Resources (NYSE:EOG) Stock Gets Price Target Bump from Susquehanna

Key Points

• Susquehanna raised EOG Resources’ price target to $187 from $170 while maintaining a “positive” rating, implying 18.56% upside from the prior close.
• EOG reported quarterly EPS of $5.07, exceeding the $4.97 analyst consensus, while revenue reached $8.62 billion and rose 57.4% year over year.
• Analyst sentiment remains mixed: EOG has a consensus “Hold” rating and average price target of $161.24, while insiders sold 52,317 shares worth $7.8 million over the past 90 days.

EOG Resources (NYSE:EOG - Get Free Report) had its target price raised by analysts at Susquehanna from $170.00 to $187.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a "positive" rating on the energy exploration company's stock. Susquehanna's target price would indicate a potential upside of 18.56% from the company's previous close.

Several other brokerages have also recently weighed in on EOG. Capital One Financial cut shares of EOG Resources from an "overweight" rating to an "equal weight" rating and set a $153.00 price target for the company. in a research note on Wednesday, August 26th. Wells Fargo & Company reissued an "overweight" rating and issued a $193.00 price objective (down from $196.00) on shares of EOG Resources in a research report on Thursday, August 13th. The Goldman Sachs Group restated a "neutral" rating and set a $151.00 target price (up from $127.00) on shares of EOG Resources in a report on Monday, August 24th. Truist Financial raised their target price on shares of EOG Resources from $153.00 to $160.00 and gave the company a "hold" rating in a research report on Friday, October 2nd. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $185.00 price target on shares of EOG Resources in a research note on Saturday, October 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $161.24.

EOG Resources Stock Down 0.2%

EOG stock opened at $157.73 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The stock has a market capitalization of $82.73 billion, a P/E ratio of 12.27, a P/E/G ratio of 0.57 and a beta of 0.36. The business has a 50-day moving average of $146.30 and a 200-day moving average of $140.31. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $159.00.

EOG Resources (NYSE:EOG - Get Free Report) last announced its earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.97 by $0.10. The business had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a return on equity of 23.44% and a net margin of 25.44%. EOG Resources's revenue for the quarter was up 57.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.32 EPS. On average, sell-side analysts anticipate that EOG Resources will post 17.48 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Michael Donaldson sold 7,336 shares of the firm's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $148.00, for a total value of $1,085,728.00. Following the completion of the transaction, the executive vice president directly owned 100,558 shares of the company's stock, valued at approximately $14,882,584. This trade represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jeffrey Leitzell sold 9,039 shares of the firm's stock in a transaction on Friday, September 25th. The shares were sold at an average price of $140.61, for a total transaction of $1,270,973.79. Following the completion of the transaction, the chief operating officer directly owned 90,790 shares of the company's stock, valued at $12,765,981.90. This represents a 9.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 52,317 shares of company stock valued at $7,823,480. 0.14% of the stock is owned by insiders.

Institutional Investors Weigh In On EOG Resources

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of EOG Resources in the 2nd quarter valued at $5,905,587,000. Dimensional Fund Advisors LP grew its position in EOG Resources by 0.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,865,073 shares of the energy exploration company's stock worth $848,228,000 after acquiring an additional 54,091 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in EOG Resources during the 2nd quarter worth $654,899,000. Bank of America Corp DE bought a new stake in EOG Resources during the 2nd quarter worth $551,321,000. Finally, First Trust Advisors LP increased its holdings in EOG Resources by 15.7% in the 1st quarter. First Trust Advisors LP now owns 3,446,002 shares of the energy exploration company's stock worth $498,189,000 after purchasing an additional 468,090 shares in the last quarter. 89.91% of the stock is owned by institutional investors.

More EOG Resources News

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

• Positive Sentiment: EOG’s earnings momentum remains a key catalyst. Recent quarterly results surpassed analyst expectations, while production gains in important basins, efficient asset utilization and disciplined execution have contributed to repeated upward revisions to earnings estimates. What EOG Resources Earnings Beat Means for Shareholders
• Positive Sentiment: BMO Capital raised its price target for EOG to $175 from $170, implying additional potential upside from recent trading levels. EOG was also added to multiple Zacks Rank #1 Strong Buy lists covering growth, value and momentum stocks. BMO Capital Raises EOG Price Target
• Positive Sentiment: Higher crude prices are supporting the sector outlook. Oil prices have risen sharply in 2026 amid Middle East tensions, while EOG and other Permian producers are benefiting from drilling technology, lower development costs and controlled capital spending. Buy Oil Explorers to Benefit From Higher Crude Prices
• Neutral Sentiment: With EOG near a 52-week high after strong recent returns, investors are weighing whether the company’s growth prospects justify the current valuation. Analysts remain constructive, but the shares may need continued earnings growth and favorable commodity prices to sustain momentum. Is EOG Resources Still Cheap?
• Negative Sentiment: A discounted-cash-flow analysis raises the possibility that EOG is trading below or near fair value after its long advance, shifting investor focus from past gains to the cash the business can generate going forward. That valuation debate is the clearest near-term pressure on the stock. EOG Stock May Trade Below Fair Value

About EOG Resources

EOG Resources, Inc is an independent exploration and production company engaged in finding, developing, producing and marketing crude oil, natural gas liquids and natural gas. Its operations focus on large, high-quality onshore and international assets, supported by technical expertise in horizontal drilling and hydraulic fracturing.

The company's principal U.S. activities are concentrated in major shale and onshore plays, including the Delaware Basin, Eagle Ford and other producing regions in Texas and the Rocky Mountains.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.