Susquehanna raises target to USD 187 for EOG Resources stock

Published on 10/21/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 20 note lifts the target from USD 170.00 to USD 187.00. EOG Resources stock costs EUR 141.15 on October 21, 2026, with results due November 6.

Analyst target and reporting date

Susquehanna lifted its EOG Resources target from USD 170.00 to USD 187.00 on October 20, 2026.
EOG Resources reported USD 8.62 billion in revenue for the second quarter of 2026.
EOG Resources stock was trading at EUR 141.15 at 10:40 a.m. CEST at Lang & Schwarz on October 21, 2026.
Third-quarter 2026 results are scheduled for November 6, 2026.

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EOG Resources (ISIN US26875P1012) received a higher price target from Susquehanna on October 20, 2026, which lifted its view from USD 170.00 to USD 187.00 and kept a Positive rating, according to Markets Insider. The revision came as part of a third-quarter earnings preview and gives the latest analyst view a clear numerical anchor.

Target rises as results approach

Susquehanna also raised its 2026 oil price assumption to USD 84.00 per barrel from USD 80.00, while trimming its natural gas pricing assumption, Markets Insider reported. That mix matters because EOG Resources remains exposed to both oil and gas realizations, so the higher target does not remove commodity-price risk.

The latest reported quarter provides the operating backdrop. EOG Resources posted USD 8.62 billion in revenue and USD 5.07 in earnings per share for the second quarter of 2026, versus consensus revenue of USD 8.04 billion and consensus earnings per share of USD 4.97, according to MarketBeat. Revenue was up 57.4 percent from the year-earlier quarter, while earnings per share increased from USD 2.32.

What does the target mean for valuation?

The valuation signal is constructive but not uniform. MarketBeat listed a USD 161.24 consensus target and a Hold consensus, while its October 21 report placed EOG Resources at a USD 82.8 billion market capitalization and within a USD 101.59 to USD 159.93 52-week range. The analyst target of USD 187.00 therefore sits above the cited consensus and above the recent high.

Three dates frame the stock

In the recent chronology, EOG Resources reported second-quarter revenue of USD 8.62 billion on August 4, 2026, according to MarketBeat. On September 24, 2026, the company announced that Jeffrey W. Hibbard would succeed Ann D. Janssen as chief financial officer on January 1, 2027, according to Simply Wall St. Susquehanna's target increase on October 20, 2026, is the latest of the three events.

The next two dates are October 30, 2026, for payment of the USD 1.02 quarterly dividend, and November 6, 2026, for third-quarter 2026 results, according to MarketBeat and Simply Wall St.

Stock price and upcoming catalyst

The next earnings release will test whether the second-quarter revenue and earnings strength can continue into the fall reporting period. EOG Resources was trading at EUR 141.15 at Lang & Schwarz on October 21, 2026 at 10:40 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of EOG Resources stock.