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 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.
Employees: 3,150
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
82% more first-time investments, than exits
New positions opened: 177 | Existing positions closed: 97
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: 624 | Existing positions reduced: 540
13% more call options, than puts
Call options by funds: $869M | Put options by funds: $771M
3% more funds holding
Funds holding: 1,450 [Q3] → 1,499 (+49) [Q4]
0.94% more ownership
Funds ownership: 90.01% [Q3] → 90.96% (+0.94%) [Q4]
0% more capital invested
Capital invested by funds: $63B [Q3] → $63.3B (+$310M) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$125
15%
upside
Avg. target
$142
31%
upside
High target
$175
62%
upside
10 analyst ratings
4 positive
40%
6 neutral
60%
0 negative
0%
Scotiabank Paul Cheng 41% 1-year accuracy 15 / 37 met price target | 20%upside $130 | Sector Outperform Upgraded | 11 Apr 2025 |
Morgan Stanley Devin McDermott 30% 1-year accuracy 9 / 30 met price target | 26%upside $136 | Equal-Weight Maintained | 27 Mar 2025 |
Mizuho Nitin Kumar 46% 1-year accuracy 29 / 63 met price target | 29%upside $140 | Neutral Downgraded | 25 Mar 2025 |
Barclays Betty Jiang 11% 1-year accuracy 3 / 27 met price target | 33%upside $144 | Equal-Weight Maintained | 18 Mar 2025 |
Citigroup Scott Gruber 29% 1-year accuracy 22 / 75 met price target | 15%upside $125 | Neutral Maintained | 17 Mar 2025 |
Financial journalist opinion
Based on 13 articles about EOG published over the past 30 days
Positive
Zacks Investment Research
1 day ago
OPEC Revises Oil Demand Outlook Amid Shifting Market Trends
CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the global economy.
Positive
Zacks Investment Research
6 days ago
Strength Seen in EOG Resources (EOG): Can Its 8.7% Jump Turn into More Strength?
EOG Resources (EOG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Positive
Seeking Alpha
1 week ago
EOG Resources: The Smartest Way To Play The Oil Recovery
EOG Resources is undervalued at $109 with a fair value of $147, trading at 4.8x EV/EBITDA. The company excels in capital management, returning 90% of free cash flow to shareholders over the last three years. EOG boasts ultra-low-cost operations, particularly in the Delaware Basin, and maintains a conservative balance sheet with low debt levels.
Negative
Zacks Investment Research
1 week ago
Can EOG & COP Weather the Tariff-Induced Market Uncertainty?
Both EOG Resources and ConocoPhillips can lean on their strong balance sheet during uncertain times.
Positive
Seeking Alpha
1 week ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (April 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. The market is volatile with economic uncertainties, but investing consistently in solid dividend-paying stocks with reasonable valuations is a good idea. 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.
Neutral
Zacks Investment Research
1 week ago
Here's Why Hold Strategy is Apt for EOG Resources Stock Now
Favorable oil prices are aiding EOG. However, as an upstream company, it is highly exposed to extreme volatility in commodity prices.
Positive
Zacks Investment Research
2 weeks ago
Upstream Energy Companies to Watch Following Q4 Earnings Beat
Companies like EOG, FANG and DVN displayed solid operational and financial performances, supported by record production levels, cost management and shareholder returns.
Positive
Zacks Investment Research
2 weeks ago
4 Prominent Permian Basin Stocks Worth Keeping on Your Radar
EOG, FANG, XOM and CVX are well-positioned to benefit from the Permian Basin's ongoing expansion, making them must-watch for energy-focused investors.
Positive
Seeking Alpha
2 weeks ago
Earn A Potentially 12%-15% Income: Monthly Options Series (April 2025)
We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable income strategy for Options. This monthly series provides two lists of stocks suitable for writing options to generate relatively safe income, focusing on PUT and CALL options.
Positive
Seeking Alpha
2 weeks ago
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.
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