Stock Price & Analysis

Based on the recent analyst ratings and technical indicators, EOG Resources shows mixed signals. The stock is currently trading at $137.50 in pre-market with RSI at 70.74 indicating slightly overbought conditions. Recent analyst actions suggest caution, with BofA Securities downgrading to Hold with a $144 target due to concerns about non-OPEC supply growth outweighing demand. However, Wells Fargo recently upgraded to Buy with a $150 target, citing favorable fundamentals.

Based on the technical indicators and market sentiment data, EOG Resources (EOG) is projected to reach $155-160 by end of 2025, representing a potential 13-16% upside from current price of $137.50. The bullish outlook is supported by strong fundamentals and positive analyst ratings, though recent insider selling activity suggests some caution. The company's focus on innovative emissions reduction technologies and energy development initiatives positions it well for sustainable growth.

The S1 support level for EOG Stock is $131.28 ,The R1 resistant level for EOG Stock is $137.49.

As of the end of day on 2025-01-24, the price of EOG Stock was $131.82.

The target price for EOG Stock according to analyst rating is 146.73, with the highest price target at 167.00 and the lowest at 131.00. Analysts have a Moderate Buy rating on EOG Stock overall.

The market cap of EOG is $74.1B.

Based on the provided data, I'll analyze whether EOG is overvalued through multiple valuation metrics and recent analyst perspectives.

Valuation Analysis EOG's current valuation metrics show a P/E ratio of 9.92x, EV/EBITDA of 5.45x, and P/B ratio of 2.35x in Q3 2024, all indicating relatively modest valuations compared to historical levels.

Financial Performance The company maintains strong financial health with:

• Stable revenue around $5.9B in Q3 2024
• Healthy gross margins of 42.7%
• Strong ROE of 24.91%
• Conservative debt-to-equity ratio of 12.77%

Recent Analyst Actions BofA Securities recently downgraded EOG to Hold with a price target of $144, citing concerns about non-OPEC supply growth outpacing global demand. However, Truist Securities maintains a Hold rating with a slightly increased price target of $137, expecting firmer commodity prices in 2025.

Conclusion Based on the current valuation metrics, strong financial performance, and analyst perspectives, EOG appears fairly valued rather than overvalued at current levels. The company's conservative financial management and strong operational metrics support the current valuation levels.

EOG Resources, Inc. is a crude oil and natural gas exploration and production company. It explores, develops, produces, and markets crude oil, natural gas liquids (NGLs) and natural gas primarily in major producing basins in the United States, the Republic of Trinidad and Tobago (Trinidad) and, from time to time, selects other international areas. Its operations are located in the basins of the United States with a focus on crude oil and, to a lesser extent, natural gas plays. It is focused on the Wolfcamp, Bone Spring, and Leonard plays. The South Texas area includes its Eagle Ford play and its Dorado gas play. It holds approximately 535,000 total net acres in the Eagle Ford play and approximately 160,000 net acres in the Dorado gas play. In Trinidad, the Company, through its subsidiaries, including EOG Resources Trinidad Limited, holds interests in the exploration and production licenses covering the South East Coast Consortium (SECC) Block, Pelican and Banyan Fields, and others.

Based on current market data and analyst projections, EOG stock is expected to reach approximately $195-205 by 2030, driven by its strong position in the Permian Basin operations and continued technological advancements in emissions reduction. The company's robust fundamentals, including a 91% rating from Validea's P/E/Growth Investor model, suggest sustained long-term growth potential. The stock's technical strength, combined with institutional investors' continued interest (683 institutions adding positions recently), supports this bullish long-term outlook.

EOG has a total of 3050 employees.