EOG stock icon

EOG Resources
EOG

$124.90
1.59%

Market Cap: 71.8B

 

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 2023, it reported net proven reserves of 4.5 billion barrels of oil equivalent. Net production averaged roughly 985,000 barrels of oil equivalent per day in 2023 at a ratio of 71% oil and natural gas liquids and 29% natural gas.

Employees: 3,050

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 32 analysts
0
News positive %
of 8 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

6% more capital invested

Capital invested by funds: $63B [Q4 2023] → $66.8B (+$3.76B) [Q1 2024]

6% more repeat investments, than reductions

Existing positions increased: 579 | Existing positions reduced: 546

0.67% more ownership

Funds ownership: 89.36% [Q4 2023] → 90.03% (+0.67%) [Q1 2024]

0% less call options, than puts

Call options by funds: $806M | Put options by funds: $807M

1% less funds holding

Funds holding: 1,422 [Q4 2023] → 1,404 (-18) [Q1 2024]

6% less funds holding in top 10

Funds holding in top 10: 16 [Q4 2023] → 15 (-1) [Q1 2024]

12% less first-time investments, than exits

New positions opened: 136 | Existing positions closed: 154

Research analyst outlook

32 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$124
1%
downside
Avg. target
$145
16%
upside
High target
$165
32%
upside

32 analyst ratings

16 positive
50%
16 neutral
50%
negative
0%
Truist Securities
Neal Dingmann
4%upside
$130
Hold
Maintained
22 Jul 2024
Bernstein
Bob Brackett
0%upside
$125
Market Perform
Maintained
17 Jul 2024
Scotiabank
Paul Cheng
20%upside
$150
Sector Perform
Maintained
12 Jul 2024
RBC Capital
Scott Hanold
18%upside
$147
Sector Perform
Reiterated
10 Jul 2024
Keybanc
Tim Rezvan
26%upside
$157
Overweight
Initiated
27 Jun 2024

Financial journalist opinion

Based on 8 articles about EOG published over the past 30 days