Breaking Down EOG Resources: 9 Analysts Share Their Views
Ratings for EOG Resources (NYSE:EOG) were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 2 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $132.67, with a high estimate of $161.00 and a low estimate of $115.00. Observing a downward trend, the current average is 4.7% lower than the prior average price target of $139.22.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of EOG Resources among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Scott Hanold | RBC Capital | Lowers | Outperform | $138.00 | $145.00 |
| Bob Brackett | Bernstein | Lowers | Market Perform | $126.00 | $144.00 |
| Scott Gruber | Citigroup | Lowers | Neutral | $115.00 | $125.00 |
| Josh Silverstein | UBS | Lowers | Buy | $141.00 | $144.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $134.00 | $133.00 |
| Mark Lear | Piper Sandler | Lowers | Neutral | $124.00 | $129.00 |
| Hanwen Chang | Wells Fargo | Lowers | Overweight | $126.00 | $127.00 |
| Mark Lear | Piper Sandler | Lowers | Neutral | $129.00 | $136.00 |
| Biju Perincheril | Susquehanna | Lowers | Positive | $161.00 | $170.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to EOG Resources. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of EOG Resources compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of EOG Resources's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of EOG Resources's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on EOG Resources analyst ratings.
Delving into EOG Resources's Background
EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2024, it reported net proven reserves of 4.7 billion barrels of oil equivalent. Net production averaged roughly 1,062 thousand barrels of oil equivalent per day in 2024 at a ratio of 69% oil and natural gas liquids and 31% natural gas.
Financial Insights: EOG Resources
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: EOG Resources's revenue growth over a period of 3M has faced challenges. As of 30 September, 2025, the company experienced a revenue decline of approximately -2.27%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: EOG Resources's net margin is impressive, surpassing industry averages. With a net margin of 25.66%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): EOG Resources's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.94% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): EOG Resources's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.99%, the company showcases efficient use of assets and strong financial health.
Debt Management: EOG Resources's debt-to-equity ratio is below the industry average at 0.27, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.