EOG Resources Enters $3.5 Billion Underwriting Agreement

An update from EOG Resources ( (EOG) ) is now available.

On June 16, 2025, EOG Resources, Inc. entered into an underwriting agreement with several financial institutions for the sale of senior notes totaling $3.5 billion, with varying maturity dates between 2028 and 2055. The transaction, expected to close on July 1, 2025, involves customary indemnification and contribution provisions, and highlights EOG’s ongoing financial strategies and relationships with major underwriters, which could impact its market positioning and stakeholder interests.

The most recent analyst rating on (EOG) stock is a Buy with a $146.00 price target. To see the full list of analyst forecasts on EOG Resources stock, see the EOG Stock Forecast page.

Spark’s Take on EOG Stock

According to Spark, TipRanks’ AI Analyst, EOG is a Outperform.

EOG Resources presents a strong investment opportunity, driven by solid financial performance, an attractive valuation, and strategic corporate actions like the recent acquisition. While technical indicators suggest a neutral trend, the company’s focus on operational excellence and strategic growth initiatives position it well for future success, despite some near-term challenges from reduced capital spending and tariff-related uncertainties.

To see Spark’s full report on EOG stock, click here.

More about EOG Resources

EOG Resources, Inc. operates in the energy sector, primarily focusing on the exploration, development, production, and marketing of crude oil and natural gas. The company is a significant player in the oil and gas industry, with operations that span across various regions, contributing to its strong market presence.

Average Trading Volume: 4,153,986

Technical Sentiment Signal: Strong Buy

Current Market Cap: $67.56B

For a thorough assessment of EOG stock, go to TipRanks’ Stock Analysis page.