Capital One Financial Weighs in on EOG Resources Q3 Earnings

Key Points

• Analysts at Capital One Financial have reduced EOG Resources' Q3 2025 earnings per share estimate from $2.61 to $2.45, while the consensus estimate for the current full-year earnings stands at $11.47 per share.
• The company reported a Q2 EPS of $2.32, surpassing the consensus estimate of $2.14, but experienced a 9.1% year-over-year revenue decline to $5.48 billion.
• EOG Resources has received various ratings from analysts, including a "Strong Buy" from one research analyst, with an average rating of "Moderate Buy" and a consensus price target of $143.61.

EOG Resources, Inc. (NYSE:EOG - Free Report) - Analysts at Capital One Financial cut their Q3 2025 earnings per share estimates for shares of EOG Resources in a research note issued on Wednesday, August 27th. Capital One Financial analyst P. Johnston now anticipates that the energy exploration company will post earnings of $2.45 per share for the quarter, down from their prior estimate of $2.61. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share. Capital One Financial also issued estimates for EOG Resources' Q4 2025 earnings at $2.52 EPS, FY2025 earnings at $10.16 EPS, Q1 2026 earnings at $2.31 EPS, Q4 2026 earnings at $2.46 EPS and FY2026 earnings at $9.56 EPS.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share for the quarter, topping analysts' consensus estimates of $2.14 by $0.18. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The business had revenue of $5.48 billion for the quarter, compared to analyst estimates of $5.45 billion. During the same quarter in the previous year, the company posted $3.16 EPS. EOG Resources's quarterly revenue was down 9.1% compared to the same quarter last year.

EOG has been the topic of a number of other reports. Bank of America dropped their price target on EOG Resources from $125.00 to $124.00 and set a "neutral" rating on the stock in a research note on Friday, May 23rd. Jefferies Financial Group reissued a "buy" rating and issued a $148.00 price objective (up from $144.00) on shares of EOG Resources in a research note on Friday, June 13th. Mizuho reduced their target price on EOG Resources from $140.00 to $134.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Susquehanna increased their price objective on EOG Resources from $156.00 to $170.00 and gave the company a "positive" rating in a report on Wednesday, July 23rd. Finally, Melius Research initiated coverage on EOG Resources in a report on Wednesday, August 20th. They set a "buy" rating and a $173.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, EOG Resources currently has a consensus rating of "Moderate Buy" and an average price target of $143.52.

EOG Resources Trading Down 3.1%

Shares of EOG Resources stock traded down $3.71 on Monday, hitting $117.89. 3,710,648 shares of the company's stock traded hands, compared to its average volume of 2,379,045. EOG Resources has a one year low of $102.52 and a one year high of $138.18. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.79 and a quick ratio of 1.61. The company has a fifty day moving average of $120.18 and a two-hundred day moving average of $118.70. The company has a market capitalization of $64.37 billion, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 9.31 and a beta of 0.85.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in EOG Resources by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 53,981,854 shares of the energy exploration company's stock valued at $6,922,633,000 after acquiring an additional 348,895 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in EOG Resources by 6.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 19,380,866 shares of the energy exploration company's stock valued at $2,485,402,000 after acquiring an additional 1,188,552 shares in the last quarter. Alliancebernstein L.P. raised its stake in EOG Resources by 4.2% during the 2nd quarter. Alliancebernstein L.P. now owns 6,159,281 shares of the energy exploration company's stock valued at $736,712,000 after buying an additional 249,984 shares during the last quarter. Northern Trust Corp raised its stake in EOG Resources by 6.3% during the 1st quarter. Northern Trust Corp now owns 6,077,928 shares of the energy exploration company's stock valued at $779,433,000 after buying an additional 358,916 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of EOG Resources by 1.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,530,260 shares of the energy exploration company's stock valued at $709,201,000 after buying an additional 60,454 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company's stock.

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 3,951 shares of the stock in a transaction on Monday, June 30th. The stock was sold at an average price of $119.65, for a total value of $472,737.15. Following the sale, the chief operating officer owned 45,739 shares in the company, valued at approximately $5,472,671.35. This trade represents a 7.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.13% of the company's stock.

About EOG Resources

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.