JPMorgan raises target for EOG Resources stock from USD 151 to USD 164
Published on 10/02/2026 at 13:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
According to Yahoo Finance on October 1, 2026, JPMorgan raised its EOG Resources (ISIN US26875P1012) price target from USD 151.00 to USD 164.00 and maintained a Neutral rating. EOG Resources stock was at EUR 123.98 at Lang & Schwarz on October 2, 2026 at 1:37 p.m. CEST, down 1.35 percent from the EUR 125.68 prior close.
JPMorgan sees a measured upside
The new JPMorgan target is USD 13.00 above the previous target, a 8.61 percent increase calculated against USD 151.00. The Neutral rating keeps the target revision from becoming a direct bullish signal, particularly as EOG remains exposed to crude oil and natural gas price swings.
MarketBeat reported on September 26, 2026, that Wall Street Zen upgraded EOG Resources from Hold to Buy. The same report cited a broader Hold consensus and an average target of USD 158.11, which is USD 5.89 below JPMorgan's new target.
Second-quarter figures set the base
According to StockTitan, EOG generated USD 8.62 billion in total operating revenues in the second quarter of 2026, up 24.55 percent from USD 6.92 billion in the first quarter of 2026. Net income reached USD 2.72 billion, while diluted earnings per share stood at USD 5.15, compared with USD 3.70 in the first quarter.
Operating cash flow was USD 4.67 billion in the second quarter of 2026, giving the upstream producer substantial internal funding capacity. The result also shows why the target discussion remains tied to commodity exposure: revenue expanded faster than the share price's recent reference level, but earnings still depend on realized prices and production volumes.
Stock remains below its yearly high
On the primary exchange, EOG was last quoted at USD 141.31 on October 1, 2026 at 4:00 p.m. ET, with the NYSE session complete. Its 52-week range was USD 101.59 to USD 154.16, placing the quote USD 12.85 below the high, or 8.34 percent beneath it. Market capitalization stood at USD 75.3 billion on October 1, 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 2, 2026, 1:37 p.m. CEST): EUR 123.98
- Change versus prior close: minus 1.35 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 125.68
- Market capitalization: USD 75.3 billion (as of October 1, 2026)
- 52-week range: USD 101.59-154.16 (as of October 1, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
