📅 2 days ago Analyzed on Jan 16, 2026

EOG

EOG Resources, Inc.
2026-01-16 07:55 PM
-3.07%
EOG falls on ex-dividend date combined with analyst price target cuts
EOG traded ex-dividend today with a $1.02 quarterly dividend, which mechanically reduces the share price. Additionally, BMO Capital Markets cut its price target from $126 to $120, and Zacks Research lowered earnings estimates, contributing to selling pressure.

Analysis

The ex-dividend adjustment accounts for roughly 1% of today's decline, with the remaining drop likely attributable to the analyst downgrades and lowered earnings expectations. This reverses the gains from earlier in the week when EOG rose with the energy sector on Iran-related oil concerns. Despite the price target cuts, analysts maintain an average target of $137.25, suggesting significant upside from current levels.

Date: 2026-01-16
Price: $104.70
Type: Stock Specific
Confidence: high

This is a permanent link to this specific analysis (ID: 2436)

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