EOG Resources Inc. (EOG) Stock Price Prediction: 2025, 2026, 2030

Analysts are saying that EOG Resources could rise by 2030. Bullish on EOG? Invest in EOG Resources on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025.

EOG Resources Inc. (EOG) specializes in oil, natural gas liquids, and natural gas. The energy producer has a vast slate of projects in the works to increase output, but it operates in an industry that requires significant capital expenditures and is vulnerable to fluctuations in global commodity prices.  

In this article, we’ll look at Wall Street sentiment, multiyear price forecasts, and the key factors that are playing a critical role in EOG’s path going forward.

Current Stock Overview

Market Cap: $57.43 billion

Trailing P/E Ratio: 10.71

Forward P/E Ratio: 9.99

1-Year Return: -14%

2025 YTD: -14%

EOG has a consensus Hold rating from 27 analysts, according to Benzinga. The average price target is $140.25 per share, which suggests a strong upside from current levels. The highest price target is $173, and the lowest is $124. The three most recent ratings suggest a near-term average target of $139, suggesting a 30% upside. 

Quick Snapshot Table of Predictions & Methodology for Forecasting

Bull & Bear Case

A growing pipeline and effective capital management may be enough to lift the stock higher, but EOG still has to contend with declining revenue and unpredictable energy prices.

Bull Case

• EOG operates a high-margin business with several projects in the works such as its Verde Pipeline in South Texas, which completed Phase 1 last year with the option for Phase 2, which can expand its daily capacity.
• Management is disciplined with capital investments, which can let EOG buy more companies, such as its recent acquisition of Encino, which has large acreage and production in Ohio’s Utica basin, giving the company more exposure to natural gas. 
• Consistent dividend growth for eight consecutive years with a yield of 3.88% and a quarterly payout of $1.02 makes the stock attractive to income investors

Bear Case

• Revenue has been declining, which may limit the stock’s future upside.
• Like the rest of the energy sector, EOG is vulnerable to commodity price swings, and an economic downturn could reduce demand for its products.
• Capital expenditures are significant, and the company has to spend a lot of money on a single project before making its first dollar back on the investment

Stock Price Prediction for 2025

Bullish Prediction

$110.4

Average Prediction

$94.17

Bearish Prediction

$87.5

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CoinCodex projects EOG shares losing value for the rest of the year unless they hit the algorithm’s maximum price target. This forecast may take into account capital expenditures becoming hard to manage and the energy producer continuing to report a decline in revenue. 

Stock Price Prediction for 2026

Bullish Prediction

$170.43

Average Prediction

$137.4

Bearish Prediction

$97.4

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CoinCodex projects a meaningful upside for EOG stock in 2026, with the lowest price target even suggesting moderate gains. Economic growth from lower interest rates help raise oil demand, and if the Federal Reserve continues to cut rates, it could bode well for EOG. 

Stock Price Prediction for 2030

Bullish Prediction

$196.68

Average Prediction

$158.9

Bearish Prediction

$116.67

Invest Now

CoinCodex paints an optimistic forecast for EOG stock five years down the road, with every price range suggesting a significant upside from current levels. Rate cuts, integration of  acquisitions and pipelines, and effective capital management are some of the catalysts that can help shares realize this price range.

Investment Considerations

EOG operates in a high-capital industry that is heavily influenced by commodity price fluctuations. The stock can be volatile, but patient investors may be rewarded with long-term gains. 

EOG is also investing in additional pipelines and acquiring smaller companies to expand its global footprint, which can lead to higher long-term returns. EOG has a high dividend and yield, as well as a low P/E ratio, making it suitable for income investors.