KeyCorp Has Pessimistic Outlook of EOG Resources Q1 Earnings

EOG Resources, Inc. (NYSE:EOG - Free Report) - Stock analysts at KeyCorp decreased their Q1 2025 EPS estimates for EOG Resources in a research report issued to clients and investors on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the energy exploration company will post earnings of $2.58 per share for the quarter, down from their prior forecast of $2.79. KeyCorp has a "Overweight" rating and a $140.00 price target on the stock. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share. KeyCorp also issued estimates for EOG Resources' Q1 2026 earnings at $2.60 EPS, Q2 2026 earnings at $2.46 EPS, Q3 2026 earnings at $2.55 EPS, Q4 2026 earnings at $2.72 EPS and FY2026 earnings at $10.33 EPS.

EOG has been the subject of several other reports. JPMorgan Chase & Co. lowered their target price on shares of EOG Resources from $149.00 to $132.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. Piper Sandler lowered their target price on shares of EOG Resources from $135.00 to $133.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. Mizuho restated a "neutral" rating and issued a $140.00 target price (down from $148.00) on shares of EOG Resources in a research note on Tuesday, March 25th. Wells Fargo & Company lowered their target price on shares of EOG Resources from $150.00 to $146.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Finally, Raymond James restated a "strong-buy" rating and issued a $140.00 target price on shares of EOG Resources in a research note on Monday, April 21st. Twelve investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, EOG Resources currently has a consensus rating of "Hold" and an average target price of $141.25.

EOG Resources Stock Down 0.3 %

Shares of NYSE:EOG traded down $0.39 during trading on Tuesday, reaching $113.07. The stock had a trading volume of 2,093,424 shares, compared to its average volume of 3,238,478. The firm's 50-day simple moving average is $120.51 and its 200 day simple moving average is $125.69. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. EOG Resources has a one year low of $102.52 and a one year high of $138.18. The company has a market capitalization of $62.36 billion, a P/E ratio of 9.10, a PEG ratio of 3.58 and a beta of 0.93.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 earnings per share for the quarter, topping analysts' consensus estimates of $2.55 by $0.19. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The firm had revenue of $5.59 billion during the quarter, compared to analysts' expectations of $5.96 billion.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend is Wednesday, April 16th. EOG Resources's dividend payout ratio is currently 34.73%.

Insider Activity at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,037 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the transaction, the chief operating officer now directly owns 47,732 shares in the company, valued at approximately $6,098,240.32. This represents a 7.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company's stock.

Hedge Funds Weigh In On EOG Resources

A number of large investors have recently added to or reduced their stakes in EOG. Essex Financial Services Inc. grew its holdings in shares of EOG Resources by 1.3% during the fourth quarter. Essex Financial Services Inc. now owns 6,145 shares of the energy exploration company's stock worth $753,000 after buying an additional 79 shares in the last quarter. Valmark Advisers Inc. grew its holdings in shares of EOG Resources by 2.6% during the fourth quarter. Valmark Advisers Inc. now owns 3,140 shares of the energy exploration company's stock worth $385,000 after buying an additional 79 shares in the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of EOG Resources by 8.8% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 989 shares of the energy exploration company's stock worth $121,000 after buying an additional 80 shares in the last quarter. 1ST Source Bank grew its holdings in shares of EOG Resources by 1.5% during the fourth quarter. 1ST Source Bank now owns 5,349 shares of the energy exploration company's stock worth $656,000 after buying an additional 80 shares in the last quarter. Finally, Penobscot Investment Management Company Inc. grew its holdings in shares of EOG Resources by 2.0% during the fourth quarter. Penobscot Investment Management Company Inc. now owns 4,065 shares of the energy exploration company's stock worth $498,000 after buying an additional 80 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Company Profile

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.