EOG Resources stock: Susquehanna raises target to USD 187.00

Published on 10/21/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 57.40 percent to USD 8.62 billion in the second quarter. EOG Resources stock costs EUR 141.05 on October 21, 2026.

Target and operating figures

Susquehanna raised its EOG Resources target to USD 187.00 on October 20, 2026.
Second-quarter revenue reached USD 8.62 billion, up 57.40 percent year over year.
EOG Resources stock costs EUR 141.05 at Lang & Schwarz on October 21, 2026 at 5:05 p.m. CEST.
EOG Resources is scheduled to report third-quarter results on November 5, 2026.

Isometrische 3D-Illustration der Öl-Gas-Wertschöpfungskette von Bohren bis zum Transport — EOG Resources US26875P1012 isometrisches 3D-Diagramm der Öl-Gas Wertschöpfungskette von Förderung über Raffinerie bis Transport, Illustration mit AI erstellt.

EOG Resources (ISIN US26875P1012) is facing a higher analyst target after Susquehanna lifted its objective from USD 170.00 to USD 187.00 on October 20, 2026, according to MarketBeat. Against the NYSE quote of USD 158.00, the new target implies 18.35 percent upside. At Lang & Schwarz, the stock was trading at EUR 141.05 on October 21, 2026 at 5:05 p.m. CEST.

Second-quarter revenue climbed 57.40 percent

EOG reported USD 8.62 billion of revenue for the second quarter of 2026, compared with USD 5.48 billion in the second quarter of 2025. Net income attributable to common shareholders reached USD 2.72 billion, versus USD 1.98 billion a year earlier. The standardized quarterly figures show diluted earnings per share of USD 5.15, while SquawkNews reported adjusted earnings per share of USD 5.07 and free cash flow of USD 2.80 billion for the same period.

Stock sits near its yearly high

The NYSE quote was USD 158.00 at 11:11 a.m. ET on October 21, 2026. EOG's 52-week range was USD 101.59 to USD 159.93, placing the latest quote 1.20 percent below the high and 55.53 percent above the low. The reported volume was 369,322 shares at that time, while the market capitalization stood at USD 82.9 billion.

Valuation meets a November results date

EOG traded at a trailing price-to-earnings ratio of 12.30 on October 21, 2026. The next scheduled earnings release is November 5, 2026, and the consensus cited by Gekko was USD 4.39 in earnings per share on USD 7.22 billion of revenue. That forecast is below the second-quarter reported revenue of USD 8.62 billion, making the November release the next concrete test of the current earnings pace.

Comparison with peers

EOG Resources: P/E 12.30, market capitalization USD 82.9 billion. Exxon Mobil (NYSE, USD): down 0.21 percent, P/E 22.85, market capitalization USD 729.8 billion. Chevron (NYSE, USD): up 0.31 percent, P/E 21.72, market capitalization USD 447.3 billion.

Higher target leaves the next test ahead

Susquehanna's USD 187.00 objective is materially above the latest NYSE quote, while the stock is also close to its 52-week high. The November 5 results date will put the second-quarter growth rates and the USD 4.39 consensus earnings estimate against fresh company figures. The further course of trading is shown by the continuously updated real-time quote of EOG Resources stock.