Argus Research has downgraded EOG Resources Inc (EOG) to Hold from Buy, an action taken on August 24, 2025. This shift in rating suggests increased caution regarding the company's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could affect performance.
EOG Resources, headquartered in Houston, Texas, engages in the exploration, development, production, and marketing of crude oil and natural gas. The company operates primarily in major producing basins across the United States and Trinidad, holding approximately 535,000 net acres in the Eagle Ford play and around 160,000 net acres in the Dorado gas play.
As of August 24, 2025, EOG's stock price stands at $106.40, with a market capitalisation of $59.3 billion. The company reported a trailing twelve-month (TTM) price-to-earnings (P/E) ratio of 10.73 and an earnings per share (EPS) of 10.06, alongside a dividend yield of 381.0%.
Upcoming earnings are scheduled for August 5, 2026, with an EPS estimate of $2.50 and revenue expectations of $6.1 billion. The recent earnings performance has shown positive surprises, including a Q3 2025 EPS of $2.71, exceeding estimates by 10.4%.
Analyst ratings and price targets represent professional opinions based on research and financial models. While they can provide useful perspectives, these assessments are based on assumptions that may not materialise as expected. Investment decisions should consider various factors, including company fundamentals, competitive positioning, and industry trends, making analyst views just one of many inputs in the decision-making process.
Analyst consensus as of November 1, 2025, indicates 6 Strong Buy, 14 Buy, and 17 Hold ratings, with no Sell or Strong Sell ratings among a total of 37 analysts.