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NYSE: EOG
Eog Resources Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for EOG

Based on 16 analysts offering 12 month price targets for Eog Resources Inc.
Min Forecast
$80.00-8.64%
Avg Forecast
$104.00+18.76%
Max Forecast
$127.00+45.03%

Should I buy or sell EOG stock?

Based on 17 analysts offering ratings for Eog Resources Inc.
Strong Buy
Strong Buy
9 analysts 52.94%
Buy
3 analysts 17.65%
Hold
5 analysts 29.41%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

EOG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Mizuho
Top 19%
82
Strong BuyMaintains$127.00+45.03%2021-11-30
Wells Fargo
Top 9%
92
Strong BuyMaintains$109.00+24.47%2021-11-19
Morgan Stanley
Top 19%
82
HoldMaintains$122.00+39.32%2021-11-19
Bank of America
Top 17%
84
Strong BuyUpgrades$110.00+25.61%2021-11-05
Credit Suisse
Top 3%
98
BuyMaintains$105.00+19.90%2021-11-05
Benchmark
Top 8%
93
Strong BuyInitiates Coverage On$117.00+33.61%2021-11-03
Anonymous
KeyBanc
Strong BuyMaintains$102.00+16.48%2021-11-03
Raymond James
Top 1%
100
BuyMaintains$120.00+37.03%2021-10-26
KeyBanc
Top 1%
100
Strong BuyMaintains$98.00+11.91%2021-10-19
Tudor Pickering
Bottom 43%
43
Strong BuyUpgrades$82.00-6.36%2021-09-13

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Forecast return on equity

Is EOG forecast to generate an efficient return?
Company
18.41%
Industry
5.49%
Market
46.47%
EOG's Return on Equity is forecast to be low in 3 years (18.41%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is EOG forecast to generate an efficient return on assets?
Company
10.78%
Industry
8.49%
EOG is forecast to generate higher Return on Assets (10.78%) than the US Oil & Gas E&P industry average (8.49%)
Forecast

EOG earnings per share forecast

What is EOG's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$7.37+41.73%
Avg 2 year Forecast
$8.12+56.15%
Avg 3 year Forecast
$6.85+31.73%
EOG's earnings are forecast to grow at an exceptional rate of 20.63% per year
Forecast

EOG revenue forecast

What is EOG's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$18.8B+20.53%
Avg 2 year Forecast
$20.5B+31.5%
Avg 3 year Forecast
$19.5B+25.38%
EOG's revenue is forecast to grow at a rate of 12.52% per year, which is not exceptional
Forecast

EOG earnings growth forecast

How is EOG forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
20.63%
Industry
207.91%
Market
17.69%
EOG's earnings are forecast to grow slower (20.63% per year) than the US Oil & Gas E&P industry average (207.91%)
Forecast
EOG's earnings are forecast to grow faster (20.63% per year) than the US market average (17.69%)
Forecast
EOG's earnings are forecast to grow faster (20.63% per year) than the risk-free savings rate (1.4%)
Forecast

EOG revenue growth forecast

How is EOG forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
12.52%
Industry
25.05%
Market
10.71%
EOG's revenues are forecast to grow slower (12.52% per year) than the US Oil & Gas E&P industry average (25.05%)
Forecast
EOG's revenues are forecast to grow faster (12.52% per year) than the US market average (10.71%)
Forecast

Eog Resources Stock Forecast FAQ

Is Eog Resources Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: EOG) stock is to Strong Buy EOG stock.

Out of 17 analysts, 9 (52.94%) are recommending EOG as a Strong Buy, 3 (17.65%) are recommending EOG as a Buy, 5 (29.41%) are recommending EOG as a Hold, 0 (0%) are recommending EOG as a Sell, and 0 (0%) are recommending EOG as a Strong Sell.

What is EOG's earnings growth forecast for 2021-2023?

(NYSE: EOG) Eog Resources's forecast annual earnings growth rate of 20.63% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 207.91%, and while it is forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Eog Resources's earnings in 2021 is $3,016,466,000.On average, 10 Wall Street analysts forecast EOG's earnings for 2021 to be $4,312,113,160, with the lowest EOG earnings forecast at $3,610,005,183, and the highest EOG earnings forecast at $4,862,097,742. On average, 11 Wall Street analysts forecast EOG's earnings for 2022 to be $4,750,930,646, with the lowest EOG earnings forecast at $3,036,617,001, and the highest EOG earnings forecast at $6,272,164,596.

In 2023, EOG is forecast to generate $4,007,866,370 in earnings, with the lowest earnings forecast at $2,322,807,225 and the highest earnings forecast at $5,880,154,309.

What is EOG's revenue growth forecast for 2021-2023?

(NYSE: EOG) Eog Resources's forecast annual revenue growth rate of 12.52% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 25.05%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Eog Resources's revenue in 2021 is $15,563,498,000.On average, 6 Wall Street analysts forecast EOG's revenue for 2021 to be $10,975,780,770,546, with the lowest EOG revenue forecast at $10,702,085,623,964, and the highest EOG revenue forecast at $11,626,908,102,432. On average, 6 Wall Street analysts forecast EOG's revenue for 2022 to be $11,974,475,539,835, with the lowest EOG revenue forecast at $10,981,448,537,192, and the highest EOG revenue forecast at $12,743,259,786,180.

In 2023, EOG is forecast to generate $11,417,235,256,841 in revenue, with the lowest revenue forecast at $10,399,342,515,096 and the highest revenue forecast at $12,532,627,393,020.

What is EOG's forecast return on assets (ROA) for 2021-2023?

(NYSE: EOG) forecast ROA is 10.78%, which is higher than the forecast US Oil & Gas E&P industry average of 8.49%.

What is EOG's Price Target?

According to 16 Wall Street analysts that have issued a 1 year EOG price target, the average EOG price target is $104.00, with the highest EOG stock price forecast at $127.00 and the lowest EOG stock price forecast at $80.00.

On average, Wall Street analysts predict that Eog Resources's share price could stay at $104.00 by Nov 30, 2022. The average Eog Resources stock price prediction forecasts a potential downside of N/A from the current EOG share price of $87.57.

What is EOG's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: EOG) Eog Resources's current Earnings Per Share (EPS) is $5.20. On average, analysts forecast that EOG's EPS will be $7.37 for 2021, with the lowest EPS forecast at $6.17, and the highest EPS forecast at $8.31. On average, analysts forecast that EOG's EPS will be $8.12 for 2022, with the lowest EPS forecast at $5.19, and the highest EPS forecast at $10.72. In 2023, EOG's EPS is forecast to hit $6.85 (min: $3.97, max: $10.05).

What is EOG's forecast return on equity (ROE) for 2021-2023?

(NYSE: EOG) forecast ROE is 18.41%, which is considered weak.
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