EOG EOG Resources, Inc.
EOG Resources, Inc. (EOG) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (TheilβSen, log-price), then projected 3 months. On this symbol, 8 comparable calls have settled; 87.5% reached the published sell target. Information only, not financial advice.
Mid-channel, rising on both timeframes
Price is between the two trend lines. Nothing to act on yet.
The next few months are read from the last 9 months, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (56% against 70%). The last 12 months stay as context: rising, +49% a year. The target of US$151.17 is below the nearest ceiling (US$156.35), so it does not depend on a breakout. What would overturn this: a close below US$142.18 β the floor of the channel being read β after which the trend, not the entry, is what was wrong.
- 9 months read from
- US$142.18 β US$156.39 Rising channel, +57% a year
- 12 months
- US$139.32 β US$156.35 Rising channel, +49% a year
- Position in that channel
- 19% 0% at the floor, 100% at the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$139.97
level as at 1 Oct 2026
Our target
US$151.17
by 27 Oct 2026
Projected move
8.0%
gross, before costs
Price sits between our buy level and our target.
The lines are drawn where this stock has actually turned: 3 touches on the ceiling, 2 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β the least a call has to be worth to be worth making, not what it aims at β 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stockβs own β its average, its volatility β but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β 58% against 71% β because it fits the past rather than the future. On this stock the setup has come up 11 times so far, reaching target 82% of the time. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 16% above the entry within 90 days, and of the sizes that path supports, 8% is the one that has returned the most per day of money tied up here β measured over the 10 times this entry has come up on this chart, reached 80% of the time, typically in 26 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.
On this stock's own history these rules produced 8 settled calls, of which 7 reached target (87.5%), with an average best move of 8%. See the full record.
- Upper line touches
- 3
- Lower line touches
- 2
- Fit confidence
- 70%
- Fitted
- 16 Sept 2026
About EOG Resources, Inc.
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Ezra Y. Yacob
- Employees
- 3,400
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β that data is licensed and we do not redistribute it.
- Valuation
- β
- Profitability
- β
- Financial health
- β
- Cash generation
- β
Key statistics
- Market cap
- US$71.69B
- Enterprise value
- β
- Beta
- 0.26
- Avg volume
- 3.62M
- Revenue per share
- β
- Dividend yield
- β
- 52-week range
- 101.59-151.87
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- β
- PEG
- β
- Price / sales
- β
- Price / book
- β
- EV / EBITDA
- β
- Gross margin
- β
- Operating margin
- β
- Net margin
- β
- Current ratio
- β
- Quick ratio
- β
- Debt / equity
- β
- Interest cover
- β
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.