EOG Resources Stock Forecast, Price & News

EOG Resources' stock was trading at $38.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EOG shares have increased by 24.0% and is now trading at $48.17.
View which stocks have been most impacted by COVID-19.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EOG Resources in the last year. There are currently 8 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for EOG Resources or view MarketBeat's top 5 stock picks.

Wall Street analysts have given EOG Resources a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but EOG Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

EOG Resources is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for EOG Resources.

EOG Resources, Inc. (NYSE:EOG) issued its earnings results on Thursday, November, 5th. The energy exploration company reported $0.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.25. The energy exploration company earned $2.25 billion during the quarter, compared to analyst estimates of $2.50 billion. EOG Resources had a positive return on equity of 5.86% and a negative net margin of 2.47%. The business's revenue for the quarter was down 47.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.13 earnings per share.
View EOG Resources' earnings history.

EOG Resources declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Friday, October 16th will be given a dividend of $0.375 per share on Friday, October 30th. This represents a $1.50 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Thursday, October 15th.
View EOG Resources' dividend history.

EOG Resources's stock split on the morning of Tuesday, April 1st 2014. The 2-1 split was announced on Monday, February 24th 2014. The newly created shares were distributed to shareholders after the closing bell on Monday, March 31st 2014. An investor that had 100 shares of EOG Resources stock prior to the split would have 200 shares after the split.

23 analysts have issued twelve-month target prices for EOG Resources' stock. Their forecasts range from $53.00 to $92.00. On average, they expect EOG Resources' stock price to reach $63.65 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price.
View analysts' price targets for EOG Resources.

EOG Resources saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 15,050,000 shares, an increase of 12.5% from the October 31st total of 13,380,000 shares. Based on an average daily volume of 5,500,000 shares, the days-to-cover ratio is presently 2.7 days.
View EOG Resources' Short Interest.

Some companies that are related to EOG Resources include ConocoPhillips (COP), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Continental Resources (CLR), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), Range Resources (RRC), PDC Energy (PDCE) and Southwestern Energy (SWN).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other EOG Resources investors own include Intel (INTC), JPMorgan Chase & Co. (JPM), The Walt Disney (DIS), Cisco Systems (CSCO), Chevron (CVX), NVIDIA (NVDA), Gilead Sciences (GILD), The Boeing (BA), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

EOG Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "EOG."

EOG Resources' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.96%), State Street Corp (5.50%), Massachusetts Financial Services Co. MA (1.28%), Nuveen Asset Management LLC (0.66%), Principal Financial Group Inc. (0.52%) and Charles Schwab Investment Management Inc. (0.45%). Company insiders that own EOG Resources stock include Charles R Crisp, Ezra Y Yacob and Frank G Wisner.
View institutional ownership trends for EOG Resources.

EOG stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Nuveen Asset Management LLC, First Trust Advisors LP, Allianz Asset Management GmbH, Morgan Stanley, King Luther Capital Management Corp, AQR Capital Management LLC, and AXA S.A..
View insider buying and selling activity for EOG Resources.

EOG stock was acquired by a variety of institutional investors in the last quarter, including Sound Shore Management Inc CT, Natixis, Truist Financial Corp, Boston Partners, BlackRock Inc., Cubist Systematic Strategies LLC, Arrowstreet Capital Limited Partnership, and Squarepoint Ops LLC.
View insider buying and selling activity for EOG Resources.

Shares of EOG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EOG stock can currently be purchased for approximately $48.17.

EOG Resources has a market capitalization of $28.10 billion and generates $17.38 billion in revenue each year. The energy exploration company earns $2.73 billion in net income (profit) each year or $4.98 on an earnings per share basis. EOG Resources employs 2,900 workers across the globe.

The official website for EOG Resources is www.eogresources.com.

EOG Resources' mailing address is 1111 BAGBY SKY LOBBY 2, HOUSTON TX, 77002. The energy exploration company can be reached via phone at 713-651-7000 or via email at [email protected]