EOG Resources (EOG) Stock Forecast & Price Target

$135.73 +1.20 (+0.89%)

Closing price 02/20/2025 03:59 PM Eastern

Extended Trading

$135.66 -0.07 (-0.06%)

As of 02/20/2025 07:44 PM Eastern

EOG Resources - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 22 Analyst Ratings

Sell
0

Hold
12

Buy
10

Based on 22 Wall Street analysts who have issued ratings for EOG Resources in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 22 analysts, 12 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for EOG.

Consensus Price Target

$144.14
6.20% Upside

According to the 22 analysts' twelve-month price targets for EOG Resources, the average price target is $144.14. The highest price target for EOG is $175.00, while the lowest price target for EOG is $125.00. The average price target represents a forecasted upside of 6.20% from the current price of $135.73.

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EOG Analyst Ratings Over Time

Type	Current Forecast 2/22/24 to 2/21/25	1 Month Ago 1/23/24 to 1/22/25	3 Months Ago 11/24/23 to 11/23/24	1 Year Ago 2/22/23 to 2/22/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	12 Buy rating(s)
Hold	12 Hold rating(s)	13 Hold rating(s)	14 Hold rating(s)	9 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$144.14	$143.48	$144.00	$143.50
Forecasted Upside	6.20% Upside	7.01% Upside	5.61% Upside	23.28% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy

EOG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EOG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

EOG Resources Stock vs. The Competition

Type	EOG Resources	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.50	2.62	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	6.20% Upside	2,193.23% Upside	12.82% Upside
News Sentiment Rating	Very Positive News See Recent EOG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/12/2025	Royal Bank of Canada 4 of 5 stars	S. Hanold Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform	$150.00 ➝ $155.00	+17.14%
1/29/2025	Piper Sandler 2 of 5 stars	M. Lear Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$140.00 ➝ $141.00	+8.85%
1/23/2025	Raymond James 4 of 5 stars	John Freeman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Strong-Buy ➝ Strong-Buy	$167.00 ➝ $175.00	+30.40%
1/13/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Neal Dingmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$135.00 ➝ $137.00	+3.31%
1/13/2025	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Subash Chandra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold ➝ Hold
1/13/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Noah Hungness Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$151.00 ➝ $144.00	+9.47%
1/3/2025	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$143.00	+14.67%
12/17/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$147.00 ➝ $150.00	+20.37%
12/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$156.00 ➝ $148.00	+16.75%
11/26/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$127.00 ➝ $134.00	+1.59%
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10/16/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$157.00 ➝ $150.00	+17.85%
10/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$150.00 ➝ $140.00	+6.30%
10/3/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$144.00 ➝ $137.00	+5.59%
9/30/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$150.00 ➝ $145.00	+18.38%
9/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$167.00 ➝ $154.00	+24.72%
9/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$134.00 ➝ $132.00	+9.35%
9/12/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$143.00 ➝ $135.00	+14.20%
9/4/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$159.00 ➝ $158.00	+26.98%
7/17/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$139.00 ➝ $125.00	-5.42%
4/30/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$130.00 ➝ $144.00	+6.96%
4/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$153.00 ➝ $150.00	+11.20%
2/23/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$135.00 ➝ $130.00	+15.64%
8/28/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$141.00 ➝ $147.00	+15.68%
8/24/2023	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
6/13/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$137.00 ➝ $130.00	+14.12%
2/24/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
2/24/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$160.00 ➝ $155.00	+36.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:22 AM ET.

Should I Buy EOG Resources Stock? EOG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, February 16, 2025. Please send any questions or comments about these EOG Resources pros and cons to contact@marketbeat.com.

EOG Resources
Bull Case

Here are some ways that investors could benefit from investing in EOG Resources, Inc.:

EOG Resources, Inc. has recently authorized a stock buyback program worth $5.00 billion, allowing the company to repurchase up to 7% of its shares. This often indicates that the management believes the stock is undervalued, which can lead to an increase in share price.
The current stock price is $129.40, reflecting a recent trading increase of 0.3%. This positive movement can be a sign of investor confidence and market interest in the company.
Analysts have a consensus rating of "Moderate Buy" for EOG Resources, Inc., with an average price target of $144.14. This suggests that many analysts expect the stock to perform well in the near future.
The company has a strong market capitalization of $72.78 billion, indicating a solid financial foundation and stability, which can be attractive to investors looking for reliable investments.
EOG Resources, Inc. has a low debt-to-equity ratio of 0.13, suggesting that the company is not heavily reliant on debt for financing. This can reduce financial risk and enhance investor confidence.

EOG Resources
Bear Case

Investors should be bearish about investing in EOG Resources, Inc. for these reasons:

Insider ownership is relatively low at 0.30%, which may indicate a lack of confidence from those closest to the company. Low insider ownership can sometimes lead to misalignment of interests between management and shareholders.
Recent insider sales, including a significant transaction by COO Jeffrey R. Leitzell, who sold 4,000 shares, may raise concerns about the company's future performance and the confidence of its executives in the stock.
Some analysts have downgraded their price targets for EOG Resources, Inc., with Bank of America reducing its target from $151.00 to $144.00. Such downgrades can signal potential challenges ahead for the company.
The company has a price-to-earnings (P/E) ratio of 10.42, which, while not excessively high, may suggest that the stock is not as undervalued as some investors might hope, especially in a competitive market.
Market volatility and fluctuations in oil and gas prices can significantly impact EOG Resources, Inc.'s profitability, making it a riskier investment in uncertain economic conditions.

EOG Forecast - Frequently Asked Questions

: According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for EOG Resources is $144.14, with a high forecast of $175.00 and a low forecast of $125.00.
: 22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EOG Resources in the last twelve months. There are currently 12 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EOG shares.
: According to analysts, EOG Resources's stock has a predicted upside of 6.20% based on their 12-month stock forecasts.
: Over the previous 90 days, EOG Resources's stock had 3 upgrades by analysts.
: EOG Resources has been rated by research analysts at Bank of America, Benchmark, Citigroup, Mizuho, Piper Sandler, Raymond James, Royal Bank of Canada, Truist Financial, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like EOG Resources less than other "oils/energy" companies. The consensus rating score for EOG Resources is 2.50 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how EOG compares to other companies.

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This page (NYSE:EOG) was last updated on 2/21/2025 by MarketBeat.com Staff

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EOG Resources (EOG) Stock Forecast & Price Target