
EOG Resources (EOG) Stock Forecast & Price Target
EOG Resources (EOG) Analyst Ratings
Bulls say
EOG Resources maintains a robust financial standing, bolstered by net proven reserves of 4.7 billion barrels of oil equivalent and an average daily production of approximately 1,062 thousand barrels of oil equivalent in 2024, emphasizing its significant operational capabilities. The company demonstrates a commitment to shareholder returns through a competitive annual dividend yield of 3.3% and a proactive share buyback program that aims to reduce shares outstanding by 4-5% annually. Additionally, EOG's strong balance sheet positions it favorably amidst potential market fluctuations, supporting a positive long-term outlook for the stock.
Bears say
EOG Resources faces significant challenges due to lower-than-expected commodity prices and the potential inability to meet production targets, which dampen its growth outlook. The uncertainties surrounding global oil demand, exacerbated by ongoing trade tensions, are expected to contribute to increasing oil inventory levels in 2025. Additionally, the company is vulnerable to higher base production declines, further impacting its operational stability and financial performance in a volatile market environment.
This aggregate rating is based on analysts' research of EOG Resources and is not a guaranteed prediction by Public.com or investment advice.
EOG Resources (EOG) Analyst Forecast & Price Prediction
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