KeyCorp Brokers Reduce Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG - Free Report) - Stock analysts at KeyCorp reduced their Q2 2025 earnings estimates for EOG Resources in a research report issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now forecasts that the energy exploration company will post earnings of $2.19 per share for the quarter, down from their prior estimate of $2.71. 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' Q3 2025 earnings at $2.29 EPS, Q4 2025 earnings at $2.36 EPS and FY2025 earnings at $9.43 EPS.

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, beating 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 business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.96 billion.

Other analysts have also recently issued research reports about the stock. Barclays lowered their target price on shares of EOG Resources from $144.00 to $140.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 23rd. UBS Group decreased their price objective on EOG Resources from $165.00 to $160.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Truist Financial boosted their target price on EOG Resources from $135.00 to $137.00 and gave the stock a "hold" rating in a research report on Monday, January 13th. Bank of America reaffirmed a "neutral" rating and set a $144.00 price objective (down from $151.00) on shares of EOG Resources in a research report on Monday, January 13th. Finally, Morgan Stanley cut their price target on shares of EOG Resources from $142.00 to $136.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th. Twelve analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $141.25.

EOG Resources Stock Performance

EOG stock traded up $0.49 during trading on Wednesday, reaching $113.56. 724,227 shares of the stock were exchanged, compared to its average volume of 3,228,599. The company has a market capitalization of $62.63 billion, a P/E ratio of 9.14, a price-to-earnings-growth ratio of 3.58 and a beta of 0.93. EOG Resources has a twelve month low of $102.52 and a twelve month high of $138.18. The stock has a 50 day simple moving average of $120.51 and a 200-day simple moving average of $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.

Hedge Funds Weigh In On EOG Resources

Several institutional investors have recently made changes to their positions in the company. Moody Lynn & Lieberson LLC bought a new position in shares of EOG Resources in the 1st quarter worth $264,000. Aaron Wealth Advisors LLC increased its holdings in shares of EOG Resources by 2.7% during the 1st quarter. Aaron Wealth Advisors LLC now owns 5,644 shares of the energy exploration company's stock valued at $724,000 after purchasing an additional 150 shares in the last quarter. First Bank & Trust acquired a new stake in EOG Resources during the first quarter valued at $214,000. FSM Wealth Advisors LLC grew its holdings in EOG Resources by 6.2% in the first quarter. FSM Wealth Advisors LLC now owns 1,623 shares of the energy exploration company's stock valued at $208,000 after purchasing an additional 95 shares during the period. Finally, NovaPoint Capital LLC increased its holdings in EOG Resources by 2.5% in the 1st quarter. NovaPoint Capital LLC now owns 23,566 shares of the energy exploration company's stock worth $3,022,000 after acquiring an additional 582 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company's stock.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total value of $515,767.12. Following the completion of the sale, the chief operating officer now owns 47,732 shares in the company, valued at approximately $6,098,240.32. The trade was a 7.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.13% of the company's stock.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a $0.975 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $3.90 annualized dividend and a dividend yield of 3.43%. EOG Resources's dividend payout ratio (DPR) is presently 34.73%.

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.