EOG Resources (NYSE:EOG) Price Target Raised to $149.00 at Mizuho

Key Points

• Mizuho raised its price target for EOG from $147 to $149 while keeping a "neutral" rating, implying roughly a 9.65% upside from the prior close.
• EOG beat Q1 estimates (EPS $3.41 vs. $3.23; revenue $6.92B vs. $6.18B, +22% YoY), raised its oil production outlook, and declared a $1.02 quarterly dividend (≈2.9% yield).
• Analyst coverage is mixed but generally constructive, with a MarketBeat consensus of "Moderate Buy" and a $153.75 consensus price target, while individual targets range as high as $185.

EOG Resources (NYSE:EOG - Get Free Report) had its price target boosted by analysts at Mizuho from $147.00 to $149.00 in a report issued on Wednesday, Marketbeat reports. The brokerage currently has a "neutral" rating on the energy exploration company's stock. Mizuho's price objective points to a potential upside of 9.65% from the company's previous close.

Other equities analysts also recently issued research reports about the stock. KeyCorp downgraded shares of EOG Resources from an "overweight" rating to a "sector weight" rating in a research note on Friday, January 16th. Stephens boosted their price target on EOG Resources from $139.00 to $170.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 31st. Raymond James Financial upped their price target on EOG Resources from $157.00 to $185.00 and gave the stock a "strong-buy" rating in a report on Friday, March 27th. JPMorgan Chase & Co. boosted their price objective on EOG Resources from $115.00 to $125.00 and gave the stock a "neutral" rating in a research note on Thursday, February 26th. Finally, BMO Capital Markets raised their price target on EOG Resources from $140.00 to $160.00 and gave the stock an "outperform" rating in a report on Wednesday, April 1st. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $153.75.

EOG Resources Price Performance

Shares of EOG stock traded down $4.94 during trading hours on Wednesday, hitting $135.88. 815,692 shares of the company's stock were exchanged, compared to its average volume of 4,952,269. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. The firm has a market cap of $72.80 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.76 and a beta of 0.27. The firm has a 50 day moving average of $135.28 and a two-hundred day moving average of $117.95. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $151.87.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.18. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter in the prior year, the business earned $2.87 EPS. EOG Resources's revenue was up 22.1% on a year-over-year basis. Sell-side analysts forecast that EOG Resources will post 14.75 EPS for the current year.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of the stock in a transaction on Tuesday, March 31st. The shares were 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 owned 88,045 shares in the company, valued at $13,234,924.40. This trade represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Ann D. Janssen sold 4,161 shares of the stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares of the company's stock, valued at $14,038,449.84. This trade represents a 3.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 18,230 shares of company stock valued at $2,522,568 in the last quarter. 0.14% of the stock is owned by company insiders.

Institutional Trading of EOG Resources

A number of hedge funds and other institutional investors have recently bought and sold shares of EOG. Acumen Wealth Advisors LLC purchased a new stake in EOG Resources in the 4th quarter valued at about $25,000. SJS Investment Consulting Inc. increased its holdings in shares of EOG Resources by 225.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company's stock valued at $26,000 after acquiring an additional 124 shares during the period. Prosperity Bancshares Inc purchased a new stake in EOG Resources during the fourth quarter valued at approximately $26,000. Nemes Rush Group LLC acquired a new stake in EOG Resources in the fourth quarter valued at approximately $30,000. Finally, Financial Life Planners acquired a new stake in EOG Resources in the first quarter valued at approximately $30,000. Hedge funds and other institutional investors own 89.91% of the company's stock.

More EOG Resources News

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

• Positive Sentiment: EOG beat Q1 estimates and raised its oil production outlook; management said production and free cash flow topped guidance, underpinning stronger near-term fundamentals and investor returns. EOG Beats Q1 Estimates and Raises Oil Production Outlook
• Positive Sentiment: Quarterly results: EPS $3.41 vs. consensus ~$3.23 and revenue $6.92B vs. ~$6.18B (revenue +22% YoY), signaling stronger margins and cash generation. EOG Resources (EOG) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: EOG was added to the Zacks Rank #1 (Strong Buy) list, which can attract momentum investors and increase buy-side interest. New Strong Buy Stocks for May 6th
• Positive Sentiment: EOG declared a quarterly cash dividend of $1.02 per share (quarterly), implying an ~2.9% yield and reinforcing the company’s return-of-capital profile; ex-dividend date set for July 17. Dividend Declaration
• Positive Sentiment: Company published supplemental Q1 financial and operating data and a slide deck that provide transparency on production, capital allocation and returns — useful for modeling forward free cash flow. EOG Issues Q1 2026 Data and Outlook
• Neutral Sentiment: Analyst coverage is broadly constructive but cautious; some pieces note upside from commodity prices while others flag valuation and exposure to oil/gas price swings. EOG Stock Outlook: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Coverage highlighted gas pricing and returns as areas to watch going forward — positive commodity moves help, but volatility could affect near-term results. Earnings Ahead: Gas Pricing, Returns in Spotlight

EOG Resources Company Profile

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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