EOG Resources, Inc. (NYSE:EOG) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on EOG Resources, with 18 hold, 11 buy and 1 strong-buy rating among 30 analysts. The average 12-month price target is $158.11, above the reported share price of $139.64.
• EOG exceeded quarterly expectations, reporting $5.07 in EPS versus the $4.97 consensus and $8.62 billion in revenue versus $8.04 billion expected. Revenue increased 57.4% year over year.
• The company declared a quarterly dividend of $1.02, or $4.08 annualized, representing a 2.9% yield. Recent insider stock sales and reduced longer-term EPS forecasts may temper investor sentiment.

Shares of EOG Resources, Inc. (NYSE:EOG - Get Free Report) have been given an average rating of "Hold" by the thirty analysts that are currently covering the firm, MarketBeat Ratings reports. Eighteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $158.1111.

Several research analysts recently commented on EOG shares. Jefferies Financial Group reissued a "buy" rating and issued a $175.00 price objective (up from $170.00) on shares of EOG Resources in a research note on Thursday, July 2nd. Capital One Financial cut shares of EOG Resources from an "overweight" rating to an "equal weight" rating and set a $153.00 target price on the stock. in a research note on Wednesday, August 26th. Stifel Nicolaus started coverage on shares of EOG Resources in a research report on Thursday, September 10th. They issued a "hold" rating and a $158.00 target price for the company. UBS Group reissued a "buy" rating and issued a $183.00 price target (up from $158.00) on shares of EOG Resources in a research note on Monday, September 14th. Finally, Freedom Capital lowered shares of EOG Resources from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 5th.

EOG Resources Stock Down 1.2%

EOG opened at $139.64 on Wednesday. The company has a market cap of $73.25 billion, a PE ratio of 10.87, a price-to-earnings-growth ratio of 0.52 and a beta of 0.26. EOG Resources has a twelve month low of $101.59 and a twelve month high of $154.16. The company has a 50-day moving average price of $144.53 and a 200 day moving average price of $139.21. The company has a quick ratio of 1.68, a current ratio of 1.85 and a debt-to-equity ratio of 0.25.

EOG Resources (NYSE:EOG - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 EPS for the quarter, topping the consensus estimate of $4.97 by $0.10. The company had revenue of $8.62 billion during 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 quarterly revenue was up 57.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.32 EPS. Sell-side analysts expect that EOG Resources will post 16.89 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, October 16th. EOG Resources's dividend payout ratio (DPR) is 31.75%.

More EOG Resources News

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

• Positive Sentiment: Raymond James reportedly raised its price target for EOG Resources, signaling improved confidence in the stock’s potential upside. EOG Resources stock gains after Raymond James lifts target
• Neutral Sentiment: EOG Resources will discuss third-quarter 2026 results on November 6. Investors will look for updates on production, commodity-price exposure, cash flow, capital spending and shareholder returns; a webcast replay will be available for one year. EOG Resources schedules conference call and webcast
• Negative Sentiment: Zacks Research reduced its Q2 2027 EPS forecast to $2.99 from $3.26 and cut its Q2 2028 estimate to $2.90 from $3.10. The revisions suggest softer expectations for longer-term earnings, while the firm maintained a “Hold” rating. EOG Resources analyst estimate revisions
• Negative Sentiment: EOG Resources CEO Ezra Y. Yacob sold 11,908 shares worth approximately $1.8 million at $153.74 per share, representing about 5% of his direct holdings before the transaction. Although the sale may be routine, insider selling can weigh on sentiment. EOG Resources CEO share sale

Insider Activity at EOG Resources

In related news, EVP Michael P. Donaldson sold 7,336 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $148.00, for a total value of $1,085,728.00. Following the completion of the sale, the executive vice president 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ezra Y. Yacob sold 35,942 shares of EOG Resources stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $152.10, for a total value of $5,466,778.20. Following the transaction, the chief executive officer owned 242,451 shares in the company, valued at approximately $36,876,797.10. The trade was a 12.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.14% of the company's stock.

Institutional Investors Weigh In On EOG Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC increased its position in shares of EOG Resources by 14.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 26,193 shares of the energy exploration company's stock worth $3,398,000 after purchasing an additional 3,373 shares during the last quarter. National Pension Service boosted its stake in EOG Resources by 0.5% during the second quarter. National Pension Service now owns 1,956,669 shares of the energy exploration company's stock worth $253,839,000 after buying an additional 9,738 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of EOG Resources during the second quarter valued at about $587,000. Engineers Gate Manager LP purchased a new stake in shares of EOG Resources in the 2nd quarter valued at approximately $1,300,000. Finally, Cidel Asset Management Inc. raised its stake in shares of EOG Resources by 3.6% in the 2nd quarter. Cidel Asset Management Inc. now owns 8,089 shares of the energy exploration company's stock valued at $1,049,000 after acquiring an additional 282 shares during the period. Institutional investors and hedge funds own 89.91% of the company's stock.

About EOG Resources

EOG Resources, Inc is an independent exploration and production company focused on finding, developing and producing crude oil, natural gas and natural gas liquids. Its operations are concentrated primarily in the United States, with a portfolio of onshore assets in several major producing regions.

The company's principal U.S. positions include the Delaware Basin and other areas of the Permian Basin, the Eagle Ford and Dorado plays in South Texas, and the Rocky Mountain region. EOG also has international operations in Trinidad and Tobago, where it produces natural gas and supports related energy development.

EOG traces its history to Enron Oil & Gas Company, which was established in 1990.

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