EOG Resources (NYSE:EOG) Stock

EOG Resources

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.

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EOG Resources (NYSE:EOG) is a small, diversified energy play and a cash flow gusher on track to hit new all-time highs in 2025. Despite numerous headwinds, the company is ramping up production, improving operational

EOG Resources Stock: Cash Flow King Poised for New Highs in 2025

EOG Resources Inc

EMERALD OIL & GAS NL ORD by Emerald Oil & Gas NL

Emerald Resources NL

In the current market session, EOG Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) share price is at $131.33, after a 1.56% increase. Moreover, over the past month, the stock fell by 3.46%, but in the past year, spiked by 12.86%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1739902508_0.png" alt="Past Year Chart" />

<h3>A Look at EOG Resources P/E Relative to Its Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 31.02 in the Oil, Gas &amp; Consumable Fuels industry, EOG Resources Inc. has a lower P/E ratio of 10.44. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1739902508_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

P/E Ratio Insights for EOG Resources

Investors with a lot of money to spend have taken a bullish stance on EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with EOG, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for EOG Resources.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 37%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $375,040, and 5 are calls, for a total amount of $318,988.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $110.0 and $170.0 for EOG Resources, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for EOG Resources's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across EOG Resources's significant trades, within a strike price range of $110.0 to $170.0, over the past month.
<h3>EOG Resources Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739560535_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>EOG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$5.7</td>
<td>$4.9</td>
<td>$5.4</td>
<td>$110.00</td>
<td>$324.0K</td>
<td>2.1K</td>
<td align="right">600</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$2.95</td>
<td>$2.55</td>
<td>$2.9</td>
<td>$170.00</td>
<td>$174.0K</td>
<td>164</td>
<td align="right">600</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$6.8</td>
<td>$6.6</td>
<td>$6.79</td>
<td>$135.00</td>
<td>$54.3K</td>
<td>1.1K</td>
<td align="right">332</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$6.5</td>
<td>$6.2</td>
<td>$6.35</td>
<td>$135.00</td>
<td>$31.7K</td>
<td>1.1K</td>
<td align="right">623</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$6.4</td>
<td>$6.2</td>
<td>$6.3</td>
<td>$135.00</td>
<td>$31.5K</td>
<td>1.1K</td>
<td align="right">673</td>
</tr>
</tbody>
</table>

<h3>About EOG Resources</h3>
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.
After a thorough review of the options trading surrounding EOG Resources, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is EOG Resources Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 958,023, with EOG's price up by 0.88%, positioned at $130.16.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 13 days.</li>
</ul>
<h3>Expert Opinions on EOG Resources</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $158.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Raymond James has decided to maintain their Strong Buy rating on EOG Resources, which currently sits at a price target of $175. 
&#x2A; Consistent in their evaluation, an analyst from Piper Sandler keeps a Neutral rating on EOG Resources with a target price of $141. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for EOG Resources, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

EOG Resources's Options: A Look at What the Big Money is Thinking

WIIM

AROC

FANG

TRGP

Shares of oil and gas companies are trading lower as investors evaluate the February 1st tariff deadline for Mexico, Canada and China.

Piper Sandler analyst Mark Lear maintains EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) with a Neutral and raises the price target from $140 to $141.

Price Target

Analyst Ratings

Piper Sandler Maintains Neutral on EOG Resources, Raises Price Target to $141

Raymond James analyst John Freeman maintains EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) with a Strong Buy and raises the price target from $167 to $175.

Raymond James Maintains Strong Buy on EOG Resources, Raises Price Target to $175

Investors with a lot of money to spend have taken a bullish stance on EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with EOG, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for EOG Resources.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 37%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $35,000, and 7, calls, for a total amount of $489,627.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $150.0 for EOG Resources over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of EOG Resources stands at 541.83, with a total volume reaching 1,571.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in EOG Resources, situated within the strike price corridor from $120.0 to $150.0, throughout the last 30 days.
<h3>EOG Resources Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737055998_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/31/25</td>
<td>$16.4</td>
<td>$16.4</td>
<td>$16.4</td>
<td>$121.00</td>
<td>$145.9K</td>
<td>115</td>
<td align="right">27</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$13.9</td>
<td>$12.6</td>
<td>$12.81</td>
<td>$124.50</td>
<td>$73.9K</td>
<td>395</td>
<td align="right">55</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/28/25</td>
<td>$4.8</td>
<td>$4.3</td>
<td>$4.4</td>
<td>$137.00</td>
<td>$70.8K</td>
<td>15</td>
<td align="right">161</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/31/25</td>
<td>$15.4</td>
<td>$15.4</td>
<td>$15.4</td>
<td>$122.00</td>
<td>$70.8K</td>
<td>62</td>
<td align="right">46</td>
</tr>
<tr>
<td>EOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.0</td>
<td>$9.3</td>
<td>$9.3</td>
<td>$150.00</td>
<td>$57.7K</td>
<td>2.2K</td>
<td align="right">68</td>
</tr>
</tbody>
</table>

<h3>About EOG Resources</h3>
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.
Following our analysis of the options activities associated with EOG Resources, we pivot to a closer look at the company's own performance.
<h3>EOG Resources's Current Market Status</h3>
<ul>
<li>With a volume of 1,265,323, the price of EOG is up 0.27% at $137.43. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 35 days.</li>
</ul>
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Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for EOG Resources with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

EOG Resources Unusual Options Activity For January 16

EQNR

Shares of oil-related companies are trading higher amid new U.S. sanctions towards Russia's energy supply chain.

Benchmark analyst Subash Chandra reiterates EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) from Hold to Hold.

Reiteration

Benchmark Reiterates Hold on EOG Resourcesto Hold

Truist Securities analyst Neal Dingmann maintains EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) with a Hold and raises the price target from $135 to $137.

Truist Securities Maintains Hold on EOG Resources, Raises Price Target to $137

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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<li>Jefferies analyst James Heaney downgraded the rating for Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) from Buy to Hold and lowered the price target from $40 to $32. Pinterest shares closed at $30.66 on Friday. <a href="https://www.benzinga.com/quote/PINS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst James Thalacker downgraded NextEra Energy Partners, LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) from Outperform to Market Perform and lowered the price target from $26 to $18. NextEra Energy Partners shares closed at $18.06 on Friday. <a href="https://www.benzinga.com/quote/NEP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Andrea Teixeira downgraded the rating for Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) from Overweight to Neutral and lowered the price target from $262 to $203. Constellation Brands shares closed at $181.81 on Friday. <a href="https://www.benzinga.com/quote/STZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Noah Hungness downgraded EOG Resources, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) from Buy to Neutral and lowered the price target from $151 to $144. EOG Resources shares closed at $131.41 on Friday. <a href="https://www.benzinga.com/quote/EOG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley analyst Stan Zlotsky downgraded the rating for LiveRamp Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RAMP#NYSE">RAMP</a>) from Overweight to Equal-Weight and maintained the price target of $35. LiveRamp shares closed at $29.33 on Friday. <a href="https://www.benzinga.com/quote/RAMP/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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B of A Securities analyst Noah Hungness downgrades EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) from Buy to Neutral and lowers the price target from $151 to $144.

B of A Securities Downgrades EOG Resources to Neutral, Lowers Price Target to $144

RBC Capital analyst Scott Hanold reiterates EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) with a Sector Perform and maintains $150 price target.

RBC Capital Reiterates Sector Perform on EOG Resources, Maintains $150 Price Target

11 analysts have shared their evaluations of EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">7</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $145.91, along with a high estimate of $167.00 and a low estimate of $134.00. Marking an increase of 1.33%, the current average surpasses the previous average price target of $144.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1735930827_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The perception of EOG Resources by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$140.00</td>
<td>$149.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$150.00</td>
<td>$147.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$148.00</td>
<td>$156.00</td>
</tr>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$134.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>John Freeman</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Strong Buy</td>
<td>$167.00</td>
<td>$156.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$147.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$149.00</td>
<td>$147.00</td>
</tr>
<tr>
<td>Neal Dingmann</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$135.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Tim Rezvan</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$150.00</td>
<td>$157.00</td>
</tr>
<tr>
<td>Scott Hanold</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$145.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Paul Cheng</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$140.00</td>
<td>$150.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to EOG Resources. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of EOG Resources compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of EOG Resources's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of EOG Resources's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/EOG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on EOG Resources analyst ratings.</a>
<h2>About EOG Resources</h2>
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.
<h3>Key Indicators: EOG Resources's Financial Health</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: EOG Resources's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -4.06%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Net Margin: EOG Resources's net margin excels beyond industry benchmarks, reaching 28.53%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.7%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): EOG Resources's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.66%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.14, EOG Resources adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 11 Analyst Ratings Have To Say About EOG Resources

Wolfe Research analyst Doug Leggate upgrades EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) from Peer Perform to Outperform.

Upgrades

Wolfe Research Upgrades EOG Resources to Outperform

<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2025/01/2025-01-02_08h31_20.png" alt="" /></figure>
To gain an edge, this is what you need to know today.
<h4 class="wp-block-heading">New Year Mantra</h4>
An enlarged chart of SPDR S&amp;P 500 ETF Trust which represents the benchmark stock market index S&amp;P 500 (SPX).
Note the following:
<ul>
<li>On the first day of trading in 2025, the chart shows that the stock market has pulled back close to the breakout line.</li>
<li>The chart shows the micro resistance zone and the support zone.</li>
<li>RSI on the chart shows that the stock market is neither overbought nor oversold.&nbsp; It is poised to go either way.</li>
<li>Wall Street machines are ready to jump on whichever direction the stock market starts moving.</li>
<li>In the early trade, the momo crowd and meme crowd are buying extremely aggressively.</li>
<li>At the start of 2025, the sentiment is extremely positive.&nbsp; The Arora Report has been sharing with readers, extreme positive sentiment is a contrary signal.&nbsp; In plain English, it means sell.&nbsp; Keep in mind, sentiment is not a precise timing indicator.&nbsp; Further, sentiment is only one of many indicators.&nbsp; Prudent investors should follow a 360 degree analysis from a proven system such as the adaptive <a href="https://thearorareport.com/ALLOCATION%2BMODELS.htm">ZYX Allocation Model </a>with inputs in ten categories.</li>
<li>The last time sentiment was this positive at the start of a new year was in 2000. In 2000, after five years of internet frenzy, the market crashed.&nbsp; Those who were primarily invested in speculative stocks lost 90% &#8211; 95% of the value of their portfolios.</li>
<li>As the market enters 2025, the AI frenzy has been going for only two years versus five years of internet frenzy before the market crashed in 2000.</li>
<li>With extreme hopium, here is the mantra the stock market is following for 2025:
<ul>
<li>Trump will fix everything.&nbsp; At The Arora Report, we would like nothing more than to see Trump succeed.&nbsp; However, the market may face a rude awakening when hopium meets reality.</li>
<li>As a Magic 8 Ball solution, the market believes bitcoin is the solution to budget deficits, $36T of national debt, and maintaining the dollar as the world's reserve currency.&nbsp; Trump is apparently planning a one million bitcoin U.S. strategic reserve.&nbsp; The biggest U.S. based bitcoin whale is advocating for a six to seven million bitcoin reserve.&nbsp; In The Arora Report analysis, while it is not impossible for bitcoin to fix these issues, the probability of it working out the way bitcoin bulls are promoting is low.&nbsp;</li>
<li>The stock market is believing that the AI frenzy will continue for a third year, taking the stock market to new highs.&nbsp; In The Arora Report analysis, AI will become smarter and more pervasive in 2025, leading to large productivity gains.&nbsp; However, AI will also be disruptive.&nbsp; Even though the stock market thinks there will only be winners from AI, the reality is there will also be many losers.&nbsp; Further in The Arora Report analysis, money will flow out of some of the present day AI favorites to more software companies and other companies that are users of AI.</li>
<li>Quantum computing is the latest buzz word that is spreading like wildfire.&nbsp; In The Arora Report analysis, quantum computing has the potential to be bigger than the internet and AI.&nbsp; The emphasis here is on the word "potential." &nbsp; Further in The Arora Report analysis, know-nothing pumpers are in fantasy land regarding quantum computing.&nbsp; Although there are significant advances in the science, reality is nowhere near the fantasy that is spreading like wildfire.&nbsp; Expect many in the momo crowd to become bag holders.</li>
</ul>
</li>
<li>The stock market is hoping that the Fed will continue to cut rates under pressure from Trump even when the data may not support rate cuts.&nbsp; In The Arora Report analysis, in 2018 in the face of opposition from Trump, Powell did not have the spine to continue with rate cuts and he reversed.&nbsp; Market hopium regarding the Fed may work, unless inflation heats up.&nbsp; In The Arora Report analysis, there is better than 50% probability of inflation heating up depending upon how Trump executes his policies.</li>
<li>Initial jobless claims came at 211K vs. 224K consensus.&nbsp; This indicates that the jobs picture remains strong, especially at the low end.&nbsp; If the data continues this strong, the Fed will have difficulty cutting rates further.</li>
<li>As of this writing, some of the extreme optimism from early this morning is dissipating on the data that Tesla Inc deliveries came at 495K vs. 504K consensus.   TSLA stock has been a major gainer after Trump&#8217;s re-election.  As full disclosure, TSLA is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio.</li>
</ul>
<h4 class="wp-block-heading">Europe</h4>
After 57 years, Russian gas has stopped flowing to Europe through Ukraine.&nbsp; Natural gas prices are rising.&nbsp; Two beneficiaries of rising natural gas prices in The Arora Report&#8217;s ZYX Buy Core Model Portfolio are Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) and EOG Resources Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>).&nbsp; Other stocks benefiting from rising natural gas prices are Expand Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXE#NASDAQ">EXE</a>), EQT Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>), and Range Resources Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) – as full disclosure, these stocks are in the portfolio that surrounds The Arora Report&#8217;s Model Portfolio in ZYX Buy.&nbsp; As full disclosure, natural gas stock Devon Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) is in the January Effect list.
<h4 class="wp-block-heading">China</h4>
Chinese stocks have started the new year on a sour note on concerns about Trump tariffs.
<h4 class="wp-block-heading">Magnificent Seven Money Flows</h4>
In the early trade, money flows are positive in Amazon.com, Inc., Alphabet Inc Class C , Meta Platforms Inc, Microsoft Corp, NVIDIA Corp, and TSLA.
In the early trade, money flows are negative in Apple Inc .
In the early trade, money flows are positive in S&amp;P 500 ETF (SPY) and Invesco QQQ Trust Series 1.
<h4 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h4>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust.  The most popular ETF for silver is iShares Silver Trust.  The most popular ETF for oil is United States Oil ETF.
<h4 class="wp-block-heading">Bitcoin</h4>
Bitcoin is seeing buying.
<h4 class="wp-block-heading">Protection Band And What To Do Now</h4>
It is important for investors to look ahead and not in the rearview mirror.&nbsp; The proprietary protection band from The Arora Report is very popular.&nbsp; The protection band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h4 class="wp-block-heading">Traditional 60/40 Portfolio</h4>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Stock Market's New Year Mantra - Trump, Bitcoin, AI, And Quantum Will Fix Everything

AESI

AMTX

BROG

CRGY

CSAN

EZFL

GPRE

MIND

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VIST

Shares of oil and gas companies are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Piper Sandler analyst Mark Lear maintains EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) with a Neutral and lowers the price target from $149 to $140.

Piper Sandler Maintains Neutral on EOG Resources, Lowers Price Target to $140

Wells Fargo analyst Roger Read upgrades EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) from Equal-Weight to Overweight and raises the price target from $147 to $150.

Wells Fargo Upgrades EOG Resources to Overweight, Raises Price Target to $150

Mizuho analyst Nitin Kumar maintains EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) with a Outperform and lowers the price target from $156 to $148.

Mizuho Maintains Outperform on EOG Resources, Lowers Price Target to $148

EOG Resources's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) short percent of float has risen 10.9% since its last report. The company recently reported that it has 13.28 million shares sold short, which is 2.34% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.49 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>EOG Resources Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732814111_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for EOG Resources has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing EOG Resources's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, EOG Resources's peer group average for short interest as a percentage of float is 6.96%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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