EOG Resources, Inc. (NYSE:EOG) is included among the 11 Best Energy Stocks to Buy for Dividends in 2026. EOG Resources (EOG) Price Target Lowered by $7 EOG Resources, Inc. (NYSE:EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves in the US and Trinidad. On January 16, Scotiabank analyst Paul Cheng lowered the firm’s price target on EOG Resources, Inc. (NYSE:EOG) from $130 to $123, but kept its ‘Sector Perform’ rating on the ...

Company Overview - EOG Resources, Inc. (NYSE:EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves in the US and Trinidad [2] Stock Performance - The share price of EOG fell by 2.34% between December 31, 2025, and January 7, 2026, making it one of the Energy Stocks that Lost the Most This Week [1] Analyst Insights - Bernstein analyst Bob Brackett reduced the price target for EOG from $144 to $126 while maintaining a 'Market Perform' rating, indicating an upside of almost 23% from the current share price [3] - The analyst views 2026 as a 'transitional year' for shale operators like EOG, with expectations that shale production will plateau and then decline, leading to various risks for producers [3] Market Conditions - EOG Resources is facing pressure from a recent decline in global crude oil prices, attributed to oversupply and the potential for increased production from Venezuela, which may persist for several more quarters [4]

Company Overview - EOG Resources, Inc. is one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves in the US and Trinidad [2] Analyst Ratings and Price Targets - Citi analyst Scott Gruber lowered the price target on EOG Resources from $125 to $115 while maintaining a 'Neutral' rating, expecting limited impact from the dip in Waha gas prices [3] - UBS analyst Josh Silverstein also reduced the price target from $144 to $141, indicating over 35% upside potential from the current share price, while maintaining a 'Buy' rating [5] Market Outlook - The energy sector is expected to perform better in 2026, driven by improving oil and natural gas outlook, cost efficiencies, M&A-driven value creation, emerging OFS opportunities, and attractive valuations [6] - EOG is considered a more defensive stock in the exploration and production space, particularly if oil prices decline further due to a supply glut expected next year [4]