EOG Resources
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 81
8% more repeat investments, than reductions
Existing positions increased: 601 | Existing positions reduced: 558
1% more call options, than puts
Call options by funds: $866M | Put options by funds: $858M
1% more funds holding
Funds holding: 1,434 [Q2] → 1,444 (+10) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 11 [Q2] → 11 (+0) [Q3]
2.31% less ownership
Funds ownership: 97.13% [Q2] → 94.82% (-2.31%) [Q3]
6% less capital invested
Capital invested by funds: $70.3B [Q2] → $66.3B (-$3.95B) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Piper Sandler Mark Lear 43% 1-year accuracy 76 / 176 met price target | 11%upside $141 | Neutral Maintained | 29 Jan 2025 |
Raymond James John Freeman 25% 1-year accuracy 5 / 20 met price target | 38%upside $175 | Strong Buy Maintained | 23 Jan 2025 |
Truist Securities Neal Dingmann 35% 1-year accuracy 54 / 156 met price target | 8%upside $137 | Hold Maintained | 13 Jan 2025 |
B of A Securities Noah Hungness 33% 1-year accuracy 4 / 12 met price target | 14%upside $144 | Neutral Downgraded | 13 Jan 2025 |
RBC Capital Scott Hanold 37% 1-year accuracy 17 / 46 met price target | 18%upside $150 | Sector Perform Reiterated | 6 Jan 2025 |
Financial journalist opinion
Based on 14 articles about EOG published over the past 30 days









