EOG Resources, Inc. (EOG)
NYSE: EOG · Real-Time Price · USD
120.83
+0.98 (0.82%)
Dec 24, 2024, 1:00 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 144.32, with a low estimate of 125 and a high estimate of 167. The average target predicts an increase of 19.44% from the current stock price of 120.83.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 5 | 4 |
| Buy | 3 | 3 | 4 | 4 | 3 | 5 |
| Hold | 12 | 12 | 12 | 12 | 13 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 22 | 22 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $149 → $140 | Hold | Maintains | $149 → $140 | +15.87% | Dec 17, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $147 → $150 | Hold → Buy | Upgrades | $147 → $150 | +24.14% | Dec 17, 2024 |
| Mizuho | Mizuho | Buy Maintains $156 → $148 | Buy | Maintains | $156 → $148 | +22.49% | Dec 16, 2024 |
| Citigroup | Citigroup | Hold Maintains $127 → $134 | Hold | Maintains | $127 → $134 | +10.90% | Nov 26, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $156 → $167 | Strong Buy | Maintains | $156 → $167 | +38.21% | Nov 21, 2024 |
Financial Forecast
Revenue This Year
23.97B
from 23.27B
Increased by 2.97%
Revenue Next Year
23.57B
from 23.97B
Decreased by -1.66%
EPS This Year
11.63
from 13.00
Decreased by -10.54%
EPS Next Year
11.20
from 11.63
Decreased by -3.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.8B | 28.7B | 28.6B |
| Avg | 24.0B | 23.6B | 24.4B |
| Low | 21.9B | 17.1B | 19.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.7% | 19.6% | 21.5% |
| Avg | 3.0% | -1.7% | 3.3% |
| Low | -5.8% | -28.8% | -19.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.77 | 14.63 | 14.73 | |||
| Avg | 11.63 | 11.20 | 12.14 | |||
| Low | 10.76 | 6.78 | 9.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.8% | 25.8% | 31.6% | |||
| Avg | -10.5% | -3.7% | 8.4% | |||
| Low | -17.3% | -41.7% | -15.6% |
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.