In recent developments, EOG Resources (EOG, Financial) has experienced a significant change in its market outlook as it faces a downgrade from analyst Leo Mariani of Roth Capital. The rating for EOG has been adjusted from a previous "Buy" to a new "Neutral" status as of July 9, 2025.
Accompanying the downgrade, Roth Capital has also revised its price target for EOG Resources, lowering it from $140.00 to $134.00 USD. This adjustment reflects a decrease of approximately 4.29% in the price target projection.
These changes come as EOG continues to navigate the dynamic energy market landscape. Investors and market watchers will be closely observing how EOG Resources (EOG, Financial) adapts to these developments in the coming quarters.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 28 analysts, the average target price for EOG Resources Inc (EOG, Financial) is $139.19 with a high estimate of $160.00 and a low estimate of $118.00. The average target implies an upside of 12.30% from the current price of $123.95. More detailed estimate data can be found on the EOG Resources Inc (EOG) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, EOG Resources Inc's (EOG, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for EOG Resources Inc (EOG, Financial) in one year is $133.80, suggesting a upside of 7.95% from the current price of $123.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the EOG Resources Inc (EOG) Summary page.
