S&P 500   4,294.51 (+0.34%)
DOW   33,930.60 (+0.50%)
QQQ   332.31 (+0.58%)
AAPL   173.26 (+0.67%)
MSFT   292.62 (+0.24%)
META   180.84 (+0.19%)
GOOGL   122.11 (+0.35%)
AMZN   142.72 (-0.58%)
TSLA   929.59 (+3.28%)
NVDA   188.15 (+0.57%)
NIO   21.37 (+1.23%)
BABA   94.13 (-0.68%)
AMD   100.84 (+0.01%)
MU   64.35 (-1.06%)
T   18.42 (+0.82%)
CGC   3.70 (+12.12%)
GE   79.76 (-0.21%)
F   16.34 (+0.99%)
DIS   125.04 (+2.85%)
AMC   23.76 (-2.78%)
PYPL   101.37 (+0.27%)
PFE   49.78 (-0.66%)
NFLX   250.38 (+0.43%)
S&P 500   4,294.51 (+0.34%)
DOW   33,930.60 (+0.50%)
QQQ   332.31 (+0.58%)
AAPL   173.26 (+0.67%)
MSFT   292.62 (+0.24%)
META   180.84 (+0.19%)
GOOGL   122.11 (+0.35%)
AMZN   142.72 (-0.58%)
TSLA   929.59 (+3.28%)
NVDA   188.15 (+0.57%)
NIO   21.37 (+1.23%)
BABA   94.13 (-0.68%)
AMD   100.84 (+0.01%)
MU   64.35 (-1.06%)
T   18.42 (+0.82%)
CGC   3.70 (+12.12%)
GE   79.76 (-0.21%)
F   16.34 (+0.99%)
DIS   125.04 (+2.85%)
AMC   23.76 (-2.78%)
PYPL   101.37 (+0.27%)
PFE   49.78 (-0.66%)
NFLX   250.38 (+0.43%)
S&P 500   4,294.51 (+0.34%)
DOW   33,930.60 (+0.50%)
QQQ   332.31 (+0.58%)
AAPL   173.26 (+0.67%)
MSFT   292.62 (+0.24%)
META   180.84 (+0.19%)
GOOGL   122.11 (+0.35%)
AMZN   142.72 (-0.58%)
TSLA   929.59 (+3.28%)
NVDA   188.15 (+0.57%)
NIO   21.37 (+1.23%)
BABA   94.13 (-0.68%)
AMD   100.84 (+0.01%)
MU   64.35 (-1.06%)
T   18.42 (+0.82%)
CGC   3.70 (+12.12%)
GE   79.76 (-0.21%)
F   16.34 (+0.99%)
DIS   125.04 (+2.85%)
AMC   23.76 (-2.78%)
PYPL   101.37 (+0.27%)
PFE   49.78 (-0.66%)
NFLX   250.38 (+0.43%)
S&P 500   4,294.51 (+0.34%)
DOW   33,930.60 (+0.50%)
QQQ   332.31 (+0.58%)
AAPL   173.26 (+0.67%)
MSFT   292.62 (+0.24%)
META   180.84 (+0.19%)
GOOGL   122.11 (+0.35%)
AMZN   142.72 (-0.58%)
TSLA   929.59 (+3.28%)
NVDA   188.15 (+0.57%)
NIO   21.37 (+1.23%)
BABA   94.13 (-0.68%)
AMD   100.84 (+0.01%)
MU   64.35 (-1.06%)
T   18.42 (+0.82%)
CGC   3.70 (+12.12%)
GE   79.76 (-0.21%)
F   16.34 (+0.99%)
DIS   125.04 (+2.85%)
AMC   23.76 (-2.78%)
PYPL   101.37 (+0.27%)
PFE   49.78 (-0.66%)
NFLX   250.38 (+0.43%)

EOG Resources - EOG Stock Forecast, Price & News

$111.89
-2.60 (-2.27%)
(As of 08/15/2022 12:39 PM ET)
Add
Compare
Today's Range
$108.06
$112.43
50-Day Range
$95.12
$145.93
52-Week Range
$62.81
$147.99
Volume
95,053 shs
Average Volume
4.53 million shs
Market Capitalization
$65.57 billion
P/E Ratio
11.48
Dividend Yield
2.62%
Price Target
$142.05

EOG Resources MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
28.2% Upside
$141.79 Price Target
Short Interest
Healthy
0.98% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.79
Upright™ Environmental Score
News Sentiment
0.56mentions of EOG Resources in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$883,134 Sold Last Quarter
Proj. Earnings Growth
-1.91%
From $15.73 to $15.43 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.11 out of 5 stars

Oils/Energy Sector

25th out of 262 stocks

Crude Petroleum & Natural Gas Industry

17th out of 82 stocks

EOG stock logo

About EOG Resources (NYSE:EOG) Stock

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

EOG Resources Trading Down 3.2 %

EOG Resources stock traded down $3.64 during mid-day trading on Monday, hitting $110.85. The company's stock had a trading volume of 68,158 shares, compared to its average volume of 4,525,955. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.41 and a quick ratio of 1.29. The stock has a market cap of $64.96 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 0.23 and a beta of 1.62. The business has a 50 day moving average price of $112.34 and a 200-day moving average price of $117.17. EOG Resources has a 12 month low of $62.81 and a 12 month high of $147.99.

EOG Resources (NYSE:EOG - Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The energy exploration company reported $2.74 earnings per share for the quarter, missing the consensus estimate of $4.25 by ($1.51). The business had revenue of $7.41 billion during the quarter, compared to the consensus estimate of $5.58 billion. EOG Resources had a return on equity of 32.03% and a net margin of 25.71%. The business's revenue for the quarter was up 79.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.73 earnings per share. As a group, analysts forecast that EOG Resources will post 15.73 EPS for the current year.

EOG Resources Increases Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, September 29th. Stockholders of record on Thursday, September 15th will be paid a dividend of $1.50 per share. This is an increase from EOG Resources's previous special dividend of $1.00. The ex-dividend date of this dividend is Wednesday, September 14th. EOG Resources's dividend payout ratio is 30.77%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EOG. Susquehanna lifted their price target on EOG Resources from $135.00 to $147.00 in a research note on Monday, April 25th. Bank of America raised EOG Resources from a "neutral" rating to a "buy" rating and cut their target price for the stock from $146.00 to $119.00 in a research note on Tuesday, July 19th. StockNews.com cut EOG Resources from a "buy" rating to a "hold" rating in a report on Tuesday, June 28th. MKM Partners reissued a "buy" rating and issued a $123.00 price objective on shares of EOG Resources in a research report on Wednesday, July 20th. Finally, Truist Financial decreased their target price on EOG Resources from $182.00 to $175.00 and set a "buy" rating for the company in a research note on Monday. Four analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $141.79.

Insider Activity

In other news, CAO Ann D. Janssen sold 1,905 shares of the company's stock in a transaction dated Thursday, June 2nd. The shares were sold at an average price of $140.60, for a total transaction of $267,843.00. Following the completion of the transaction, the chief accounting officer now directly owns 66,980 shares of the company's stock, valued at $9,417,388. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CFO Timothy K. Driggers sold 3,484 shares of the business's stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $135.51, for a total transaction of $472,116.84. Following the transaction, the chief financial officer now owns 214,691 shares in the company, valued at $29,092,777.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Ann D. Janssen sold 1,905 shares of the business's stock in a transaction dated Thursday, June 2nd. The shares were sold at an average price of $140.60, for a total transaction of $267,843.00. Following the transaction, the chief accounting officer now owns 66,980 shares in the company, valued at approximately $9,417,388. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,395 shares of company stock valued at $883,134. Insiders own 0.40% of the company's stock.

Receive EOG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EOG Resources and its competitors with MarketBeat's FREE daily newsletter.

EOG Stock News Headlines

Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce (EOG)
Energy stocks Schlumberger and much-smallerTransocean boast double-digit price gains, part of the energy sector’s leadership. Both gapped higher after earnings.
Elon Musk is Worried about China
China controls 80% of the lithium market and Tesla needs a lot of lithium for its cars. But a junior miner just discovered a once-in-a-lifetime deposit of this "white gold."
EOG Resources (NYSE:EOG) Stock Rating Upgraded by TD Securities
Copper Exploration Heating Up
Canada is already known as a miner's paradise. But British Columbia (BC) is quietly becoming the new copper hotspot. That's because copper is critical to the world's shift to renewable energy. Biden earmarked $226 billion in new infrastructure projects all requiring copper.
EOG Resources (EOG) Q2 2022 Earnings Call Transcript
EOG Resources (EOG) Set to Announce Earnings on Thursday
Demand for Frac Sand and Concrete Drives Scarcity
See More Headlines
Receive EOG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EOG Resources and its competitors with MarketBeat's FREE daily newsletter.

EOG Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Last Earnings
8/04/2022
Today
8/15/2022
Ex-Dividend for 9/29 Dividend
9/14/2022
Dividend Payable
9/29/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
26875P10
Employees
2,800
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$141.79
High Stock Price Forecast
$175.00
Low Stock Price Forecast
$82.00
Forecasted Upside/Downside
+27.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
19 Analysts

Profitability

Net Income
$4.66 billion
Pretax Margin
32.92%

Debt

Sales & Book Value

Annual Sales
$18.64 billion
Cash Flow
$14.49 per share
Book Value
$37.91 per share

Miscellaneous

Free Float
583,701,000
Market Cap
$65.57 billion
Optionable
Optionable
Beta
1.62

Social Links















EOG Stock - Frequently Asked Questions

Should I buy or sell EOG Resources stock right now?

19 Wall Street 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 analysts is that investors should "buy" EOG shares.
View EOG analyst ratings
or view top-rated stocks.

What is EOG Resources' stock price forecast for 2022?

19 Wall Street research analysts have issued 1 year price targets for EOG Resources' stock. Their EOG share price forecasts range from $82.00 to $180.00. On average, they predict the company's stock price to reach $142.05 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price.
View analysts price targets for EOG
or view top-rated stocks among Wall Street analysts.

How have EOG shares performed in 2022?

EOG Resources' stock was trading at $88.83 on January 1st, 2022. Since then, EOG stock has increased by 28.9% and is now trading at $114.49.
View the best growth stocks for 2022 here
.

Are investors shorting EOG Resources?

EOG Resources saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,710,000 shares, a drop of 19.2% from the July 15th total of 7,070,000 shares. Based on an average daily trading volume, of 4,490,000 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the company's stock are sold short.
View EOG Resources' Short Interest
.

When is EOG Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our EOG earnings forecast
.

How were EOG Resources' earnings last quarter?

EOG Resources, Inc. (NYSE:EOG) announced its earnings results on Thursday, August, 4th. The energy exploration company reported $2.74 earnings per share for the quarter, missing the consensus estimate of $4.25 by $1.51. The energy exploration company had revenue of $7.41 billion for 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 business's revenue was up 79.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.73 EPS.
Read the conference call transcript
.

How often does EOG Resources pay dividends? What is the dividend yield for EOG Resources?

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 positive change from the stock's previous special dividend of $1.00.
Read our dividend analysis for EOG
.

Is EOG Resources a good dividend stock?

EOG Resources (NYSE:EOG) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.62%. 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 19.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EOG.

When did EOG Resources' stock split?

EOG Resources's stock split before market open on 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.

How will EOG Resources' stock buyback program work?

EOG Resources announced that its board has initiated a stock buyback program on Thursday, November 4th 2021, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 9.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

What is William R. Thomas' approval rating as EOG Resources' CEO?

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.

What other stocks do shareholders of EOG Resources own?

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).

What is EOG Resources' stock symbol?

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

Who are EOG Resources' major shareholders?

EOG Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (3.12%), Massachusetts Financial Services Co. MA (1.36%), Northern Trust Corp (1.16%), Franklin Resources Inc. (0.56%), Principal Financial Group Inc. (0.53%) and Primecap Management Co. CA (0.51%). 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.
View institutional ownership trends
.

How do I buy shares of EOG Resources?

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.
Compare Top Brokerages Here.

What is EOG Resources' stock price today?

One share of EOG stock can currently be purchased for approximately $114.49.

How much money does EOG Resources make?

EOG Resources (NYSE:EOG) has a market capitalization of $67.10 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.

How many employees does EOG Resources have?

The company employs 2,800 workers across the globe.

Does EOG Resources have any subsidiaries?

The following companies are subsidiares of EOG Resources: EOG Canada Oil & Gas Inc., EOG Expat Services Inc., EOG Resources (Nevis) Block 4 (a) Limited, EOG Resources Block 4(a) Company, EOG Resources China Limited, EOG Resources International Inc., EOG Resources Marketing LLC, EOG Resources Muscat Block 49 SPC, EOG Resources Muscat SPC, EOG Resources Nevis U (b) Block Limited, EOG Resources Nitro2000 Company, EOG Resources Nitro2000 Ltd., EOG Resources Oman Block 49 Limited, EOG Resources Oman Limited, EOG Resources Railyard (North Dakota) Inc., EOG Resources Railyard Inc., EOG Resources Trinidad Block 4(a) Unlimited, EOG Resources Trinidad Limited, EOG Resources Trinidad Nitro Unlimited, EOG Resources Trinidad U(b) Block Unlimited, EOG Resources Trinidad – U(a) Block Limited, EOG Resources U(b) Block Company, EOG – Canada Inc., EOGI China International Ltd., EOGI International Company, EOGI International Inc., EOGI Oman International Block 49 Ltd., EOGI Oman International Ltd., EOGI Trinidad – U(a) Block Company, Energy Search, Galveston LNG, Hawthorn Oil Transportation (North Dakota) Inc., Hawthorn Oil Transportation Inc., Murrott Capital Ltd., Nilo Operating Company, Pecan Pipeline (North Dakota) Inc., Pecan Pipeline Company, and Yates Petroleum.
Read More

When was EOG Resources founded?

EOG Resources was founded in 1999.

How can I contact EOG Resources?

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.

This page (NYSE:EOG) was last updated on 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.