KeyCorp Has Optimistic Outlook of EOG Resources Q3 Earnings

Key Points

• KeyCorp analysts have raised their Q3 2025 EPS estimate for EOG Resources from $2.29 to $2.50, maintaining an "Overweight" rating and setting a target price of $138.00.
• For Q4 2025, KeyCorp estimates earnings will increase to $2.54 EPS, indicating a stable growth projection for the company.
• EOG Resources reported a Q2 earnings of $2.32 per share, exceeding the consensus estimate, although its revenue was down 9.1% year-over-year.

EOG Resources, Inc. (NYSE:EOG - Free Report) - Equities researchers at KeyCorp raised their Q3 2025 EPS estimates for EOG Resources in a research note issued to investors on Tuesday, October 14th. KeyCorp analyst T. Rezvan now expects that the energy exploration company will earn $2.50 per share for the quarter, up from their previous estimate of $2.29. KeyCorp has a "Overweight" rating and a $138.00 price objective 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' Q4 2025 earnings at $2.54 EPS, Q1 2027 earnings at $3.25 EPS, Q2 2027 earnings at $3.20 EPS and Q3 2027 earnings at $3.32 EPS.

EOG has been the subject of a number of other research reports. Scotiabank reaffirmed a "sector perform" rating and issued a $130.00 price objective on shares of EOG Resources in a report on Friday, September 26th. Mizuho cut their price target on EOG Resources from $140.00 to $133.00 and set a "neutral" rating for the company in a research note on Monday, September 15th. UBS Group increased their price target on EOG Resources from $142.00 to $144.00 and gave the stock a "buy" rating in a research report on Wednesday, August 20th. Wells Fargo & Company restated an "overweight" rating on shares of EOG Resources in a research report on Sunday, June 22nd. Finally, Melius Research initiated coverage on EOG Resources in a research report on Wednesday, August 20th. They set a "buy" rating and a $173.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to MarketBeat.com, EOG Resources has an average rating of "Hold" and an average target price of $143.35.

EOG Resources Price Performance

NYSE:EOG opened at $108.65 on Thursday. 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 50 day moving average price of $116.95 and a 200-day moving average price of $116.35. EOG Resources has a 1-year low of $102.52 and a 1-year high of $138.18. The firm has a market cap of $59.32 billion, a price-to-earnings ratio of 10.56, a price-to-earnings-growth ratio of 8.48 and a beta of 0.74.

EOG Resources (NYSE:EOG - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.18. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The company had revenue of $5.48 billion during the quarter, compared to analysts' expectations of $5.45 billion. During the same period last year, the business earned $3.16 earnings per share. EOG Resources's quarterly revenue was down 9.1% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. StrongBox Wealth LLC grew its position in shares of EOG Resources by 1.9% in the second quarter. StrongBox Wealth LLC now owns 4,817 shares of the energy exploration company's stock valued at $576,000 after purchasing an additional 88 shares in the last quarter. ORG Partners LLC lifted its position in EOG Resources by 45.1% during the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company's stock worth $34,000 after buying an additional 88 shares in the last quarter. Ameriflex Group Inc. boosted its stake in EOG Resources by 31.6% during the second quarter. Ameriflex Group Inc. now owns 379 shares of the energy exploration company's stock worth $46,000 after buying an additional 91 shares during the last quarter. Granite Harbor Advisors Inc. grew its holdings in EOG Resources by 3.2% in the 1st quarter. Granite Harbor Advisors Inc. now owns 3,034 shares of the energy exploration company's stock valued at $389,000 after buying an additional 94 shares in the last quarter. Finally, FSM Wealth Advisors LLC increased its stake in shares of EOG Resources by 6.2% in the 1st quarter. FSM Wealth Advisors LLC now owns 1,623 shares of the energy exploration company's stock worth $208,000 after acquiring an additional 95 shares during the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

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.

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