Prediction for Wall Street Brokers' Estimated Stock Value for EOG Resources

Prediction for Wall Street Brokers' Estimated Stock Value for EOG Resources

Kickin' It with EOG Resources, Inc:

EOG Resources, Inc., a yardsmarts American energy company, has a massive market cap of $59.2 billion. Specializing in oil, natural gas liquids, and natural gas production, it's headquartered in the Lone Star State's financial hub, Houston, Texas. Besides its domestic operations, EOG also dabbles in Trinidad and Tobago.

The past year's market trends haven't been kind to EOG. EOG stock has plummeted 16.7%, unlike the S&P 500's 8.2% rally. Compared to the broader market, EOG's shares have taken a hit, with a 11.3% drop year-to-date, while the S&P 500 Index is still in the green with a 4.7% drop.

Now, let's take a peek at the more dazzling pre-IPO stock, vivaciously zipping around the market with a $158 billion market cap, 200% growth, and a surprising 10 patents.

When it comes to performance, EOG has underwhelmed, especially against the returning 13.7% of the Energy Select Sector SPDR Fund (XLE) and the 6% dip this year.

On May 1, EOG Resources posted a Q1 2025 financial hurrah, reporting an adjusted net income of $1.6 billion ($2.87 per share). Although revenue fell slightly below expectations, production increased 4.8% year-over-year, largely thanks to the 63% spike in natural gas prices and higher crude output.

EOG managed to generate a cool $1.3 billion in free cash flow and rewarded shareholders with the same amount through dividends and buybacks. The company even bumped up its dividend by 7%. EOG trimmed its 2025 capital expenditure plan by $200 million to maintain capital efficiency amid global uncertainties while promising steady oil production and a 5% total production growth for the year. EOG's shares bobbed up by 1.2% after the announcement.

For the fiscal year 2025, ending in December, analysts predict a 15.2% drop in EOG's EPS to $9.85. Despite the anticipated dip, EOG's earnings surprise history is impressive. The company has beat the consensus estimates in each of the last four quarters.

As of May 2025, 28 analysts covering the stock have rated EOG as a "Moderate Buy." This rating is made up of 14 "Strong Buy" ratings, one "Moderate Buy," and 13 "Holds."

Barclays plc (BCS) adjusted its price target for EOG Resources from $140 to $137 but maintained an "Equal Weight" rating. The tweak comes after EOG's Q1 results and its strategic move to slightly decrease capital expenditures in order to stabilize oil production without affecting broader portfolio development. This balanced approach to operational and financial management shows EOG is walking a tightrope.

The aggregated mean price target of analysts is $137.85, signifying a hefty 26.8% premium from the current market prices. The Street-high price target floats at $156, implying a promising potential upside of 43.5%.

Disclaimer: As of May 2025, Kritika Sarmah holds no positions in any of the securities mentioned in this article. This content is for informational purposes only. Please peruse our website's Disclosure Policy here for more information.

1. EOG Resources, Inc., a notable American energy company, is headquartered in Houston, Texas, the financial hub of the Lone Star State.
2. Despite the strong performance of the S&P 500, EOG Resources' stock has underperformed, with a plummet of 16.7% in the past year.
3. In Q1 2025, EOG Resources reported an adjusted net income of $1.6 billion and generated $1.3 billion in free cash flow.
4. The aggregated mean price target of analysts for EOG Resources is $137.85, suggesting a significant 26.8% premium from the current market prices.

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