NYSE: EOG

EOG Resources (EOG) Stock Analysis & Forecast

EOG Resources, Inc. Energy minerals sector, integrated oil industry. Market cap $76.82B.

$144.23−1.24 (−0.9%)

Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.

Gekko Brief

AI summary

EOG closes at $144.23, down 0.9%, sitting almost exactly at its 50-day average of $144.24 and above its 200-day average of $130.48. The GekkoIndex reads 61.7, placing the stock in the Accumulation zone, while Gekko Fair Value stands at $196.32, leaving price 26.5% below that level. Over the past year the stock is up 20.4%, though the last month shows a 3.5% decline against an 11% three-month gain.

This week's activity centers on two threads: capital moves around the stock and the broader crude backdrop. Engineers Gate Manager LP took a new $1.30 million stake, and Bank of America Corp DE disclosed a new position of over 4.2 million shares valued at approximately $551 million, both following EOG's Q2 results of $5.07 adjusted EPS on $8.62 billion revenue. Raymond James Financial raised its price target to $186.00 from $183.00 with a "strong-buy" rating. Separately, EOG shares fell alongside ConocoPhillips and Occidental Petroleum as crude prices retreated, and the company is weighing scale considerations on its Australian Beehive prospect, described by CEO Ezra Yacob as a lower priority versus Middle East opportunities.

Looking ahead, EOG's next earnings date falls on 5 November 2026, 46 days out, beyond a typical 20-trading-day window. Analyst coverage spans 22 firms with 10 buy and 12 hold ratings, a consensus target of $161.86, and 12.2% implied upside. Seasonally, the next 20 trading days have averaged a 4.7% gain over 5 years, rising in 4 of those years. The gap to Gekko Fair Value bears watching.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $144.23200-day averageGekko Fair Value $196.32

Key stats

Market cap
$76.82B
P/E ratio
11.3
Forward P/E
10.4
EPS, TTM
$12.90
Revenue, TTM
$26.72B
Profit margin
25.7%
Dividend yield
2.82%
Beta
0.27
Volume
8.25M avg 3.29M
1-year return
+20.4%
Typical daily move
±2.7%
Typical 20-day move
±5.4%
50-day average
$144.24
200-day average
$130.48
Next earnings
Nov 5
Shares outstanding
524.5M
52-week range
$101.59$154.16

EOG Resources swing-trade checklist

EOG Resources scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $144.23 sits between the 50-day ($144.24) and 200-day ($130.48) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    61.7, Accumulation

    Reading 61.7 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    26.5% below

    Price is 26.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 46 days

    Next report Nov 5, 2026, 46 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.7% on average

    From this point in the calendar, the next 20 trading days averaged +4.7% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

EOG Resources stock chart and price history

EOG Resources closed at $144.23 on Sep 18, 2026, +20.4% over the past year, inside a 52-week range of $101.59 to $154.16.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−3.5%
3 months
+11.0%
6 months
+3.9%
1 year
+20.4%
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About EOG Resources

EOG Resources hunts for underground deposits of oil and gas, then works to bring those reserves into production across sites in the United States, Trinidad and Tobago, and additional countries abroad. Once extracted, its output includes crude oil, condensate, natural gas liquids and natural gas itself. The company built its identity around this cycle of locating, drawing out and selling petroleum resources, and it traces its roots back to a business once called Enron Oil & Gas Company.

Beyond pulling hydrocarbons from the ground, EOG Resources also moves its raw output through gathering systems, runs processing steps on it, and handles the eventual sale of these commodities to buyers. This means the company covers both the extraction side of the energy chain and much of what happens to the product afterward, rather than relying solely on outside partners for those later stages.

The company dates back to its incorporation in 1985 and runs its operations from a home base in Houston, Texas. Investors can find its stock listed on the NYSE under the ticker EOG.

Listed
NYSE
Sector
Energy minerals
Industry
Integrated oil
Website
eogresources.com

EOG Resources GekkoIndex: the smart money zone

EOG Resources’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 61.7, in the Accumulation zone, up 6.9 points over five sessions.

010061.7Accumulation

Up 6.9 points over five sessions, from the Neutral zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying24+1.9%+2.5%+4.9%+7.9%
Accumulation (current zone)227+1.3%+2.2%+2.5%+4.8%
Neutral378−0.4%−0.5%0.0%+0.4%
Distribution32+0.1%−0.3%−0.2%−0.8%
Selling1Too few readings yet

Average EOG share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the EOG price, zone by zone.Track EOG in Gekko

Is EOG Resources stock overvalued? Gekko Fair Value

EOG Resources trades 26.5% below Gekko Fair Value of $196.32, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what EOG Resources shares are worth, recalculated every trading day.

$196.32

Gekko Fair Value, Sep 19, 2026

26.5% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open EOG in Gekko

EOG Resources insider and Congress trading

No open-market insider purchases were filed for EOG Resources, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for EOG in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every EOG insider filing, plotted on the chart in Gekko.Open EOG in Gekko

Congress trades last 90 days

No trades in EOG were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for EOG, plotted on the chart in Gekko.Open EOG in Gekko

Buybacks

EOG Resources has been buying back its own shares.

Latest authorization
$10.00B, May 21, 2026
Bought back, quarter ended Jun 30, 2026
$1.30B
As a share of market cap
1.69%
Trailing four quarters
$2.86B

From company filings.

EOG Resources earnings: next date and track record

EOG Resources reports on Nov 5, 2026 (46 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±3.4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+5.3%Nov ’24−7.7%Feb ’25+0.5%May ’25−0.3%Aug ’25+0.2%Nov ’25+0.2%Feb ’26−4.9%May ’26−7.9%Aug ’26

Last earnings call, Aug 4, 2026 AI summary

What they said
EOG Resources’ Q2 2026 earnings call emphasized record financial performance, strong operational execution, exploration successes (notably in the UAE and Austin Chalk), disciplined capital returns and a robust balance sheet. Management highlighted record adjusted EPS of $5.07, adjusted cash flow from operations per share of $8.29, and $2.8 billion free cash flow. They returned just over $1.8 billion to shareholders via dividend and $1.3 billion in buybacks and reiterated a commitment to return at least 70% of annual free cash flow to shareholders in 2026. Operationally, LOE and GP&T were lower-than-expected and volumes were above guidance midpoint; capex came in below midpoint due to timing shifts. Management discussed international exploration, particularly promising initial UAE wells (early results align with Eagle Ford analogs), a 3-year exploration phase with JV structures, and the need to validate repeatability and service availability. Announced addition of ~60,000 acres in Austin Chalk with attractive economics and 125 remaining 2-mile locations; Delaware and Utica performance and growth drivers discussed. Management maintained 2026 plan and capital guidance ($6.5B), expecting 5% oil production growth and 14% total production growth for 2026, WTI breakeven below $50, and $8B free cash flow at strip pricing using guidance midpoints. They emphasized capital discipline, high-quality execution, and peer-leading balance sheet providing optionality.
Guidance
Management reiterated 2026 plan and capital guidance: capital expenditures $6.5 billion unchanged; expected 5% oil production growth and 14% total production growth for full year 2026. At strip pricing and using guidance midpoints, their 2026 plan generates $8 billion in free cash flow. They reiterated commitment to return at least 70% of annual free cash flow to shareholders in 2026. They stated WTI breakeven below $50 per barrel. No specific 2027 guidance provided; they referenced a 3-year scenario assuming low single-digit oil growth and a WTI range of $60–$80 for planning.
Risks flagged
Risks mentioned include geopolitical conflict impacting operations in Bahrain and the broader Middle East (safety of employees/contractors), service industry maturity and availability in international markets, potential volatility in gas storage/demand, egress/infrastructure constraints in Canada and the Permian (midstream bottlenecks historically), and general macro/commodity price uncertainty. Also, exploration-phase uncertainties in UAE and Bahrain regarding repeatability and long-term performance. Standard SEC/forward-looking statement legal caveats were noted.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 4, 2026$5.07
est $5.01
+1.2%$8.62B
est $8.04B
+7.1%−7.9%
May 5, 2026$3.41
est $3.21
+6.2%$6.92B
est $6.18B
+11.9%−4.9%
Feb 24, 2026$2.27
est $2.20
+3.2%$5.64B
est $5.77B
−2.2%+0.2%
Nov 6, 2025$2.71
est $2.46
+10.2%$5.73B
est $5.97B
−4.0%+0.2%
Aug 7, 2025$2.32
est $2.23
+4.0%$5.37B
est $5.45B
−1.4%−0.3%
May 1, 2025$2.87
est $2.77
+3.6%$5.84B
est $5.90B
−1.1%+0.5%
Feb 28, 2025$2.74
est $2.57
+6.8%$5.65B
est $5.96B
−5.2%−7.7%
Nov 8, 2024$2.89
est $2.77
+4.3%$5.87B
est $6.00B
−2.2%+5.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

EOG Resources stock forecast and analyst price targets

Analysts’ average 12-month price target for EOG Resources is $161.86, +12.2% from the last close, from 22 firms rating the stock in the last 90 days.

$161.86consensus 12-month target, +12.2% from the last close
Low $138High $193
Buy10
Hold12
Sell0

Each firm’s latest rating in the last 90 days: 22 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 17Raymond JamesBuy, maintained$186+29.0%
Sep 15UBSBuy, reiterated$183+26.9%
Sep 14UBSBuy, maintained$183+26.9%
Sep 10BarclaysHold, maintained$147+1.9%
Sep 10Stifel NicolausHold, initiated$158+9.5%
+2.5%average 20-day move after past Accumulation readings
+4.7%average move over the next 20 trading days in the last 5 years
±2.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

EOG Resources seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, EOG Resources averaged +4.7% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+24.9%2021+0.4%2022+4.1%2023+1.5%2024−8.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.3%3 of 5
Next 10 trading days+3.1%2 of 5
Next 15 trading days+5.1%3 of 5
Next 20 trading days+4.7%4 of 5
Next 30 trading days+6.0%2 of 5

For scale, EOG’s typical 20-trading-day move in either direction is about 5.4%.

EOG Resources market cap and key statistics

EOG Resources’s market cap is $76.82B, with a P/E ratio of 11.3 and revenue of $26.72B over the last twelve months.

Valuation

Market cap
$76.82B
P/E ratio
11.3
Forward P/E
10.4
EPS, TTM
$12.90
Gekko Fair Value
$196.32

Trading

Volume
8.25M
Avg volume, 20 days
3.29M
52-week high
$154.16
52-week low
$101.59
Shares outstanding
524.5M

Financials

Revenue, TTM
$26.72B
Profit margin
25.7%
Return on equity
22.5%
Quarterly earnings growth, YoY
+109.4%

Risk and income

Beta
0.27
Typical daily move
±2.7%
Typical 20-day move
±5.4%
Dividend yield
2.82%

EOG Resources peers

EOG Resources’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
XOMExxon Mobil+0.4%Neutral11.4% above
CVXChevron−0.7%Neutral6.3% above
TTETotalEnergies+0.3%Neutral29.4% below
CNQCanadian Natural Resources−1.9%Neutral21.8% below
SUSuncor Energy+0.2%Neutral21.4% below
IMOImperial Oil−0.2%Neutral5.7% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

EOG Resources stock FAQ

What is EOG Resources’s market cap?

EOG Resources’s market cap is $76.82B at the Sep 18, 2026 close of $144.23, with 524.5M shares outstanding. The shares trade on a P/E ratio of 11.3.

What is the EOG Resources stock forecast?

The consensus analyst 12-month price target for EOG Resources is $161.86, +12.2% from the last close. Of the 22 firms that rated the stock in the last 90 days, 10 rate it a buy, 12 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is EOG Resources stock overvalued or undervalued?

On Gekko’s estimate EOG Resources is undervalued: the Sep 18, 2026 close of $144.23 is 26.5% below Gekko Fair Value of $196.32. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does EOG Resources report earnings next?

EOG Resources is expected to report on Nov 5, 2026 (46 days away). Analysts expect earnings of $4.04 per share on revenue of $6.88B. EOG Resources beat the earnings estimate in 8 of its last 8 reports, moving 3.4% on average across the report.

What is EOG Resources’s 52-week high and low?

EOG Resources’s 52-week high is $154.16 and its 52-week low is $101.59; it closed at $144.23 on Sep 18, 2026, +20.4% over the past year.

Is EOG Resources stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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