EOG Resources, Inc.

(New York Stock Exchange)
Bullish +65

Mizuho lifts EOG Resources stock target to USD 165.00

πŸ“ˆ Mizuho raised EOG Resources price target to USD 165.00 from USD 157.00 while maintaining an Outperform rating.

πŸ“Š EOG reported June 2026 revenue of USD 8.62 billion, up 24.55 percent year-over-year.

πŸ’° Diluted earnings per share for the quarter ended June 30, 2026, reached USD 5.15.

🏦 Operating cash flow for the June 2026 quarter was USD 4.67 billion.

πŸ“‰ Market capitalization stands at USD 80.3 billion with a P/E ratio of 11.94.

πŸ“ˆ Stock price rose 1.02 percent to close at USD 153.14 on October 16, 2026.

🎯 Next quarterly earnings report is scheduled for November 5, 2026.

πŸ“‰ Net income attributable to common shareholders was USD 2.72 billion in the June quarter.

Bullish Signals
  • Mizuho raised its price target for EOG Resources to USD 165.00 from USD 157.00 while maintaining an Outperform rating.
  • Revenue for the June 2026 quarter reached USD 8.62 billion, representing a significant 24.55 percent increase over the March 2026 quarter.
  • The company generated diluted earnings per share of USD 5.15 and net income of USD 2.72 billion during the June 2026 quarter.
  • Operating cash flow for the period ended June 30, 2026, was robust at USD 4.67 billion.
  • Stock price increased 1.02 percent on October 16, 2026, trading near its 52-week high of USD 155.00.
Full Analysis
Mizuho Securities raised its price target for EOG Resources to USD 165.00 from USD 157.00 on October 15, 2026, while maintaining an Outperform rating. This adjustment positions the new target approximately 7.75 percent above the NYSE closing quote of USD 153.14 recorded on October 16, 2026. EOG Resources is scheduled to report its next quarterly results on November 5, 2026. The company's June 2026 quarter demonstrated strong financial performance with revenue reaching USD 8.62 billion, a 24.55 percent increase from the March 2026 quarter. During the period ended June 30, 2026, EOG Resources reported diluted earnings per share of USD 5.15, net income attributable to common shareholders of USD 2.72 billion, and operating profit of USD 3.53 billion. Operating cash flow for the same period totaled USD 4.67 billion. The company currently holds a market capitalization of USD 80.3 billion with a P/E ratio of 11.94 as of October 16, 2026. The stock is trading near its 52-week high of USD 155.00, having risen 1.02 percent on the day.