EOG Resources - EOG Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EOG Resources in the last year. There are currently 4 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EOG shares.
View EOG analyst ratings or view top-rated stocks.

21 Wall Street research analysts have issued 1 year target prices for EOG Resources' stock. Their EOG share price forecasts range from $122.00 to $172.00. On average, they anticipate the company's stock price to reach $152.45 in the next year. This suggests a possible upside of 40.4% from the stock's current price.
View analysts price targets for EOG or view top-rated stocks among Wall Street analysts.

EOG Resources' stock was trading at $129.52 at the beginning of the year. Since then, EOG shares have decreased by 16.1% and is now trading at $108.62.
View the best growth stocks for 2023 here.

EOG Resources saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 6,390,000 shares, a decrease of 7.3% from the January 31st total of 6,890,000 shares. Based on an average daily volume of 3,540,000 shares, the short-interest ratio is presently 1.8 days.
View EOG Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our EOG earnings forecast.

EOG Resources, Inc. (NYSE:EOG) posted its quarterly earnings data on Friday, February, 24th. The energy exploration company reported $3.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.31 by $0.01. The energy exploration company earned $6.72 billion during the quarter, compared to analyst estimates of $6.09 billion. EOG Resources had a trailing twelve-month return on equity of 34.95% and a net margin of 30.19%. EOG Resources's revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.09 EPS.
Read the conference call transcript.

EOG Resources declared a quarterly dividend on Thursday, February 23rd. Stockholders of record on Friday, April 14th will be given a dividend of $0.825 per share on Friday, April 28th. This represents a $3.30 annualized dividend and a yield of 3.04%. The ex-dividend date is Thursday, April 13th.
Read our dividend analysis for EOG.

ETFs with the largest weight of EOG Resources (NYSE:EOG) stock in their portfolio include iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Pacer US Cash Cows Growth ETF (BUL), Invesco Dynamic Energy Exploration & Production ETF (PXE), iShares U.S. Energy ETF (IYE), Energy Select Sector SPDR Fund (XLE), Invesco S&P 500 Equal Weight Energy ETF (RYE), Vanguard Energy ETF (VDE) and Strive U.S. Energy ETF (DRLL).

EOG Resources (NYSE:EOG) pays an annual dividend of $3.30 per share and currently has a dividend yield of 3.21%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 24.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EOG will have a dividend payout ratio of 25.15% 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 issued shares were payable 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 approved a stock repurchase plan on Thursday, November 4th 2021, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management 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 a variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (2.37%), Charles Schwab Investment Management Inc. (2.18%), Geode Capital Management LLC (1.97%), Tejara Capital Ltd (1.37%), Morgan Stanley (1.33%) and Alliancebernstein L.P. (1.00%). Insiders that own company stock include Ann D Janssen, 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.

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.

One share of EOG stock can currently be purchased for approximately $108.62.

EOG Resources (NYSE:EOG) has a market capitalization of $63.84 billion and generates $25.70 billion in revenue each year. The energy exploration company earns $7.76 billion in net income (profit) each year or $13.21 on an earnings per share basis.

The company employs 2,850 workers across the globe.

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.