EOG Resources stock holds after Raymond James target lift

Published on 09/20/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James lifted EOG Resources stock to USD 186 on September 17, 2026. The shares closed at USD 144.23 on September 18, with Q2 revenue at USD 8.62 billion.

Fotorealistische Ölförderanlage mit mehreren Pumpjacks bei Sonnenaufgang in der texanischen Ebene — EOG Resources Ölfeld US26875P1012 mit mehreren Pumpjacks bei goldenem Sonnenaufgang über weiter texanischer Steppe, Illustration mit AI erstellt.

EOG Resources stock (ISIN US26875P1012) closed at USD 144.23 on September 18, 2026, after Raymond James lifted its price target to USD 186 from USD 183 on September 17, 2026. The move leaves the oil and gas producer below its 52-week high of USD 154.16.

Target lift meets a firm quarter

According to Yahoo Finance, EOG Resources reported Q2 FY26 revenue of USD 8.62 billion and diluted EPS of USD 5.07. MarketBeat said the same quarter beat consensus by USD 0.10 per share, with revenue also above the estimate by USD 580 million.

According to MarketBeat on September 19, 2026, the stock traded at USD 144.13, with a market capitalization of USD 75.60 billion, a 52-week range of USD 101.59 to USD 154.16 and volume of 8.27 million shares. The same page put the consensus price target at USD 158.11 and the consensus rating at Hold.

Valuation stays central

According to Yahoo Finance, EOG Resources showed a profit margin of 31.60 percent for Q2 FY26 and a trailing diluted EPS of USD 12.85. That compares with forward earnings expected to fall from USD 16.75 to USD 13.89 per share, a drop of 17.07 percent cited by MarketBeat.

Stock near support

The latest closing quote of USD 144.23 on September 18, 2026, puts EOG Resources stock 6.5 percent below its 52-week high of USD 154.16 and well above its 52-week low of USD 101.59. For investors, the gap between the target lift and the current price is still the key spread.