Q1 EPS Estimates for EOG Resources Increased by Analyst

EOG Resources, Inc. (NYSE:EOG - Free Report) - Investment analysts at Zacks Research increased their Q1 2026 earnings estimates for EOG Resources in a research note issued to investors on Thursday, May 15th. Zacks Research analyst R. Department now expects that the energy exploration company will post earnings of $2.72 per share for the quarter, up from their prior forecast of $2.69. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share.

EOG Resources (NYSE:EOG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The energy exploration company reported $2.87 EPS for the quarter, topping analysts' consensus estimates of $2.75 by $0.12. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%. The firm had revenue of $5.84 billion during the quarter, compared to analysts' expectations of $5.92 billion. During the same period in the previous year, the business posted $2.82 earnings per share. The company's revenue for the quarter was down 7.4% compared to the same quarter last year.

EOG has been the subject of a number of other reports. Mizuho reduced their price objective on shares of EOG Resources from $140.00 to $134.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Piper Sandler dropped their target price on EOG Resources from $135.00 to $133.00 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. Susquehanna dropped their target price on EOG Resources from $161.00 to $156.00 and set a "positive" rating for the company in a report on Tuesday, April 22nd. JPMorgan Chase & Co. dropped their target price on EOG Resources from $149.00 to $132.00 and set a "neutral" rating for the company in a report on Thursday, March 13th. Finally, Barclays dropped their price target on EOG Resources from $140.00 to $137.00 and set an "equal weight" rating for the company in a research note on Friday, May 2nd. Eleven investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $139.79.

EOG Resources Stock Performance

EOG stock traded down $0.58 during midday trading on Monday, reaching $110.22. 1,993,260 shares of the company were exchanged, compared to its average volume of 3,291,067. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. The business has a 50-day moving average price of $114.71 and a two-hundred day moving average price of $123.91. EOG Resources has a one year low of $102.52 and a one year high of $138.18. The firm has a market capitalization of $60.15 billion, a price-to-earnings ratio of 8.87, a price-to-earnings-growth ratio of 3.58 and a beta of 0.78.

Institutional Trading of EOG Resources

Hedge funds and other institutional investors have recently made changes to their positions in the company. Financial Life Planners bought a new stake in shares of EOG Resources during the fourth quarter worth about $25,000. Y.D. More Investments Ltd boosted its holdings in EOG Resources by 149.4% in the fourth quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company's stock valued at $25,000 after acquiring an additional 121 shares during the last quarter. Mainstream Capital Management LLC bought a new stake in EOG Resources in the fourth quarter valued at approximately $25,000. Banque Cantonale Vaudoise bought a new stake in EOG Resources in the first quarter valued at approximately $26,000. Finally, Keystone Financial Group Inc. bought a new stake in EOG Resources in the fourth quarter valued at approximately $27,000. 89.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of the business's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the sale, the chief operating officer now directly 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.13% of the company's stock.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 17th will be given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Thursday, July 17th. EOG Resources's dividend payout ratio is presently 36.18%.

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.