Bernstein Keeps Hold Rating on EOG Resources with $146 Price Target

Bernstein analyst Bob Brackett maintained a Hold rating on EOG Resources with a price target of $146.00. Brackett covers the Basic Materials sector and has an average return of 8.9% and a 50.00% success rate on recommended stocks. EOG Resources reported a quarterly revenue of $5.37 billion and a net profit of $1.35 billion for the quarter ending June 30. Corporate insider sentiment is negative, with an increase in insiders selling shares over the past quarter.

EOG Resources, Inc. (EOG) reported its second quarter 2025 results, showcasing a strong performance with a quarterly revenue of $5.37 billion and a net profit of $1.35 billion. The company's operational excellence is evident in its ability to generate $973 million in free cash flow during the quarter. Additionally, EOG announced a 5% increase in its regular quarterly dividend, reflecting its confidence in its business and the positive impact of its recent acquisitions [3].

However, the market sentiment towards EOG Resources remains mixed. Analysts maintain a Moderate Buy consensus with a price target of $140.00, implying a 19.82% upside from current levels. Yet, corporate insider sentiment is negative, with an increase in insiders selling shares over the past quarter [1]. This suggests that insiders have a less optimistic view of the company's future performance.

Bernstein analyst Bob Brackett maintained a Hold rating on EOG Resources with a price target of $146.00. Brackett covers the Basic Materials sector and has an average return of 8.9% and a 50.00% success rate on recommended stocks. His rating reflects the mixed market sentiment and the cautious stance of corporate insiders [2].

EOG Resources' recent performance and strategic moves, such as the acquisition of Encino Acquisition Partners, have positioned the company favorably. However, the mixed analyst ratings and insider sentiment indicate caution among investors. As the company continues to navigate the energy sector, it will be crucial to monitor analyst ratings and price targets for insights into its future prospects.

References:
[1] https://www.ainvest.com/news/eog-resources-rises-1-24-350m-volume-ranking-346th-market-activity-analysts-hold-insiders-sell-2508/
[2] https://www.ainvest.com/news/morgan-maintains-hold-rating-eog-resources-132-00-price-target-2508/
[3] https://energynow.com/2025/08/eog-resources-reports-second-quarter-2025-results-and-updates-2025-guidance/