EOG Resources
About: 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 2023, it reported net proven reserves of 4.5 billion barrels of oil equivalent. Net production averaged roughly 985,000 barrels of oil equivalent per day in 2023 at a ratio of 71% oil and natural gas liquids and 29% natural gas.
Employees: 3,050
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
78% more first-time investments, than exits
New positions opened: 160 | Existing positions closed: 90
27% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 14 (+3) [Q4]
16% more repeat investments, than reductions
Existing positions increased: 611 | Existing positions reduced: 526
13% more call options, than puts
Call options by funds: $869M | Put options by funds: $769M
0% more funds holding
Funds holding: 1,448 [Q3] → 1,455 (+7) [Q4]
4% less capital invested
Capital invested by funds: $66.3B [Q3] → $63.4B (-$2.91B) [Q4]
3.53% less ownership
Funds ownership: 94.83% [Q3] → 91.3% (-3.53%) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$134
1%
upside
Avg. target
$147
11%
upside
High target
$175
31%
upside
8 analyst ratings
3 positive
38%
5 neutral
63%
0 negative
0%
Piper Sandler Mark Lear 47% 1-year accuracy 82 / 174 met price target | 6%upside $141 | Neutral Maintained | 29 Jan 2025 |
Raymond James John Freeman 32% 1-year accuracy 7 / 22 met price target | 32%upside $175 | Strong Buy Maintained | 23 Jan 2025 |
Truist Securities Neal Dingmann 41% 1-year accuracy 63 / 153 met price target | 3%upside $137 | Hold Maintained | 13 Jan 2025 |
B of A Securities Noah Hungness 42% 1-year accuracy 5 / 12 met price target | 8%upside $144 | Neutral Downgraded | 13 Jan 2025 |
RBC Capital Scott Hanold 34% 1-year accuracy 15 / 44 met price target | 13%upside $150 | Sector Perform Reiterated | 6 Jan 2025 |
Financial journalist opinion
Based on 13 articles about EOG published over the past 30 days
Positive
Seeking Alpha
21 hours ago
EOG Resources Leans Into Permian, Utica Growth
EOG Resources is a $76.3 billion market cap company that pays a fixed dividend of 2.9%. It has a large share buyback program and sometimes pays an additional variable dividend. The company explores for and produces hydrocarbons primarily from the Permian and Eagle Ford basins. EOG's growth plans in the Permian and the Utica suggest a solid operational focus.
Negative
Zacks Investment Research
1 day ago
Earnings Preview: EOG Resources (EOG) Q4 Earnings Expected to Decline
EOG Resources (EOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
1 week ago
The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation
Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for longer" due to factors like energy costs, labor market tightness, and deglobalization. To combat inflation, I recommend investing in sectors with strong pricing power like energy and real estate, which have historically outperformed during inflationary periods.
Negative
Zacks Investment Research
1 week ago
Are Oils-Energy Stocks Lagging EOG Resources (EOG) This Year?
Here is how EOG Resources (EOG) and Sunoco LP (SUN) have performed compared to their sector so far this year.
Neutral
CNBC Television
1 week ago
Calls of the Day: Taiwan Semi and EOG Resources
The Investment Committee debate the latest Calls of the Day
Neutral
PRNewsWire
1 week ago
Donald F. Textor to Retire from EOG Resources Board of Directors
HOUSTON , Feb. 11, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that Donald F. Textor plans to retire from the Board of Directors at the end of his current term and not stand for re-election at EOG's 2025 annual stockholders meeting.
Positive
Seeking Alpha
2 weeks ago
The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.
Positive
Zacks Investment Research
2 weeks ago
Trump's Tariffs Shake Energy Markets: 3 U.S. Stocks Poised to Gain
As Trump's tariffs disrupt the oil and gas trade, EOG Resources, Cheniere Energy and ExxonMobil stand to gain.
Positive
Seeking Alpha
2 weeks ago
EOG Resources Should Benefit From Tariffs
New tariffs on Canadian oil will raise U.S. gas prices but boost profits for U.S. oil companies like EOG Resources. EOG Resources benefits from strong assets, reduced breakeven prices, and significant free cash flow, supporting its high dividend and share repurchases. EOG Resources' growth strategy includes increasing production efficiency and maintaining strong financial health, ensuring robust shareholder returns.
Positive
Seeking Alpha
2 weeks ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Upto 8% (February 2025)
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.67%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.
Charts implemented using Lightweight Charts™