Jefferies raises target for EOG Resources stock to USD 185.00
Published on 10/07/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
EOG Resources (ISIN US26875P1012) was trading at EUR 130.15 at Lang & Schwarz on October 7, 2026 at 2:37 p.m. CEST, plus 1.84 percent versus the prior close of EUR 127.80. Jefferies raised its price target for the company from USD 175.00 to USD 185.00 on October 3, 2026, according to Markets Insider.
Second-quarter revenue rises 24.55 percent
EOG reported USD 8.62 billion in revenue and USD 2.72 billion in net income for the second quarter of 2026. Revenue was up 24.55 percent from USD 6.92 billion in the first quarter, while net income increased 37.58 percent from USD 1.98 billion, figures reported by Financial News from the company filing.
The second-quarter diluted earnings per share was USD 5.15, compared with USD 3.70 in the first quarter. The figures give the target increase a stronger operating backdrop than a price-only story, although the next quarterly update remains the key test for whether production and cash flow are tracking expectations.
Jefferies sees USD 185.00 target
Jefferies kept a Buy rating while lifting its target to USD 185.00 from USD 175.00 in a third-quarter earnings preview, according to Markets Insider. The note cited progress on costs and expected third-quarter cash flow per share of USD 8.20, which was 13.00 percent above consensus.
That estimate places execution, rather than the headline target alone, at the center of the next update. EOG is scheduled to report third-quarter 2026 results on November 5, 2026, according to the company release distributed by PR Newswire.
EOG stock stays below its yearly high
The NYSE-listed stock's 52-week range was USD 101.59 to USD 154.16 as of October 6, 2026, while market capitalization stood at USD 76.8 billion. The next report date gives investors a concrete checkpoint for the production, cost and cash-flow assumptions behind the USD 185.00 target.
EOG Resources was trading at EUR 130.15 at Lang & Schwarz on October 7, 2026 at 2:37 p.m. CEST, plus 1.84 percent versus the Lang & Schwarz prior close of EUR 127.80 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of EOG Resources stock.
EOG Resources stock facts
- Company: EOG Resources, Inc.
- ISIN: US26875P1012
- Ticker: EOG
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 7, 2026, 2:37 p.m. CEST): EUR 130.15
- Change versus prior close: plus 1.84 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 127.80
- Market capitalization: USD 76.8 billion (as of October 6, 2026)
- 52-week range: USD 101.59-154.16 (as of October 6, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 5, 2026
