EOG Resources - EOG Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EOG Resources in the last twelve months. There are currently 3 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EOG shares.
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19 analysts have issued 1 year target prices for EOG Resources' shares. Their EOG share price forecasts range from $82.00 to $175.00. On average, they anticipate the company's stock price to reach $141.47 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price.
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EOG Resources' stock was trading at $88.83 at the beginning of the year. Since then, EOG stock has increased by 34.0% and is now trading at $118.99.
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EOG Resources saw a decrease in short interest in July. As of July 31st, there was short interest totaling 5,710,000 shares, a decrease of 19.2% from the July 15th total of 7,070,000 shares. Based on an average trading volume of 4,490,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.0% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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EOG Resources, Inc. (NYSE:EOG) posted its quarterly earnings data on Thursday, August, 4th. The energy exploration company reported $2.74 EPS for the quarter, missing analysts' consensus estimates of $4.25 by $1.51. The energy exploration company earned $7.41 billion during the quarter, compared to analyst estimates of $5.58 billion. EOG Resources had a net margin of 25.71% and a trailing twelve-month return on equity of 32.03%. The company's revenue for the quarter was up 79.0% on a year-over-year basis. During the same period last year, the firm posted $1.73 earnings per share.
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EOG Resources announced a special dividend on Thursday, August 4th. Shareholders of record on Thursday, September 15th will be paid a dividend of $1.50 per share on Thursday, September 29th. The ex-dividend date of this dividend is Wednesday, September 14th. This is a boost from the stock's previous special dividend of $1.00.
Read our dividend analysis for EOG.

EOG Resources (NYSE:EOG) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.64%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EOG will have a dividend payout ratio of 19.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EOG.

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 minted shares were distributed to shareholders after the closing bell on Monday, March 31st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

EOG Resources declared that its Board of Directors has authorized a share repurchase plan on Thursday, November 4th 2021, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

57 employees have rated EOG Resources Chief Executive Officer William R. Thomas on Glassdoor.com. William R. Thomas has an approval rating of 97% among the company's employees. This puts William R. Thomas in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other EOG Resources investors own include Intel (INTC), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Cisco Systems (CSCO), Chevron (CVX), NVIDIA (NVDA), Gilead Sciences (GILD), 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 State Street Corp (6.04%), FMR LLC (3.12%), Price T Rowe Associates Inc. MD (2.63%), Massachusetts Financial Services Co. MA (1.36%), Northern Trust Corp (1.16%) and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.58%). Insiders that own company stock include Ann D Janssen, Charles R Crisp, Ezra Y Yacob, Jeffrey R Leitzell, Kenneth W Boedeker, Lloyd W Helms Jr, Michael P Donaldson, Michael T Kerr and Timothy K Driggers.
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Shares of EOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EOG stock can currently be purchased for approximately $118.99.

EOG Resources (NYSE:EOG) has a market capitalization of $69.73 billion and generates $18.64 billion in revenue each year. The energy exploration company earns $4.66 billion in net income (profit) each year or $9.75 on an earnings per share basis.

The company employs 2,800 workers across the globe.

EOG Resources was founded in 1999.

EOG Resources' mailing address is 1111 BAGBY SKY LOBBY 2, HOUSTON TX, 77002. The official website for the company is www.eogresources.com. The energy exploration company can be reached via phone at (713) 651-7000, via email at eog_ir@eogresources.com, or via fax at 713-651-6995.