EOG Resources, Inc. (EOG)
NYSE: EOG · Real-Time Price · USD
136.35
+0.85 (0.63%)
Nov 22, 2024, 4:00 PM EST - Market closed
EOG Resources Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for EOG Resources stock have an average target of 144.84, with a low estimate of 125 and a high estimate of 167. The average target predicts an increase of 6.23% from the current stock price of 136.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EOG Resources stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 6 | 6 | 5 |
| Buy | 3 | 3 | 3 | 4 | 4 | 3 |
| Hold | 12 | 12 | 12 | 12 | 12 | 13 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 22 | 22 | 22 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $156 → $167 | Strong Buy | Maintains | $156 → $167 | +22.48% | Nov 21, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $135 → $147 | Hold | Maintains | $135 → $147 | +7.81% | Nov 21, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $147 → $149 | Buy → Hold | Downgrades | $147 → $149 | +9.28% | Nov 18, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $115 → $135 | Hold | Maintains | $115 → $135 | -0.99% | Nov 12, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 12, 2024 |
Financial Forecast
Revenue This Year
23.57B
from 23.27B
Increased by 1.26%
Revenue Next Year
23.15B
from 23.57B
Decreased by -1.76%
EPS This Year
11.64
from 13.00
Decreased by -10.45%
EPS Next Year
11.17
from 11.64
Decreased by -4.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.4B | 28.4B | 28.5B |
| Avg | 23.6B | 23.2B | 23.9B |
| Low | 20.4B | 16.6B | 18.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4% | 20.7% | 23.2% |
| Avg | 1.3% | -1.8% | 3.3% |
| Low | -12.3% | -29.4% | -22.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.06 | 15.08 | 14.71 | ||
| Avg | 11.64 | 11.17 | 11.91 | ||
| Low | 10.77 | 6.78 | 9.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.5% | 29.5% | 31.7% | ||
| Avg | -10.5% | -4.1% | 6.7% | ||
| Low | -17.2% | -41.7% | -17.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.