RBC Capital Analyst Maintains Buy Rating on EOG Resources with $140 Price Target

RBC Capital has maintained a Buy rating on EOG Resources with a price target of $140.00. EOG's shares opened at $118.78. Analyst Hanold has a top 25 ranking with a 30.2% average return and 67.03% success rate. EOG's market cap is $64.43B and P/E ratio is 11.47. Insider sentiment is negative with 93 insiders selling shares, including EVP & COO Jeffrey R. Leitzell who sold 3,952 shares for $472,856.80.

EOG Resources, a prominent oil and gas producer, has seen a diverse range of analyst opinions and market activity in recent months. The company's shares opened at $118.78 on July 2, 2025, with RBC Capital maintaining a Buy rating and a price target of $140.00 [1]. Analyst Scott Hanold, who has a top 25 ranking with a 30.2% average return and a 67.03% success rate, supports this rating. However, the market sentiment remains negative, with 93 insiders, including EVP & COO Jeffrey R. Leitzell, selling shares, totaling 3,952 shares for $472,856.80.

In the past quarter, 17 analysts evaluated EOG Resources, resulting in a spectrum of ratings from bullish to bearish. The distribution of ratings shows a majority of analysts maintaining a somewhat bullish or bullish stance, with six analysts rating the stock as bullish and four rating it as somewhat bullish. Notably, no analysts rated the stock as bearish [1]. The average 12-month price target set by analysts is $143.41, with a high estimate of $170.00 and a low estimate of $124.00. This represents a 1.53% increase from the previous average price target of $141.25 [1].

Key analysts such as Josh Silverstein from UBS and John Freeman from Raymond James have raised their price targets and ratings, reflecting their positive outlook on the company's performance [1]. Bernstein SocGen Group also raised its price target to $146.00 from $140.00, maintaining a Market Perform rating [2]. This increase follows EOG’s updated guidance, highlighting improved operational efficiency and cost savings. Additionally, CFRA raised its price target for EOG Resources to $135 from $127, while maintaining a Buy rating, influenced by the recent Utica acreage acquisition [2].

Despite the positive analyst ratings, EOG Resources has faced challenges in recent months. The company reported a decline of approximately -11.18% in revenue growth over the 3M period as of 30 June, 2025, and its net margin is below industry standards at 4.58% [1]. However, the company's Return on Assets (ROA) is above industry benchmarks at 2.88%, indicating efficient asset management.

In conclusion, EOG Resources continues to face mixed analyst views and market sentiment. While some analysts maintain a bullish stance, others remain cautious. The company's financial performance and strategic moves, such as recent acquisitions, will be crucial in shaping its future prospects.

References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/47073212/assessing-eog-resources-insights-from-17-financial-analysts
[2] https://za.investing.com/news/analyst-ratings/eog-resources-price-target-raised-to-146-from-140-at-bernstein-socgen-93CH-3840696