Capital One Financial Weighs in on EOG Resources Q2 Earnings

EOG Resources, Inc. (NYSE:EOG - Free Report) - Investment analysts at Capital One Financial lowered their Q2 2025 earnings estimates for EOG Resources in a research note issued on Wednesday, July 2nd. Capital One Financial analyst P. Johnston now forecasts that the energy exploration company will post earnings per share of $2.20 for the quarter, down from their prior estimate of $2.42. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share. Capital One Financial also issued estimates for EOG Resources' Q3 2025 earnings at $2.40 EPS, Q4 2025 earnings at $2.45 EPS and FY2025 earnings at $9.92 EPS.

EOG Resources (NYSE:EOG - Get Free Report) last issued its earnings results on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.75 by $0.12. EOG Resources had a net margin of 26.14% and a return on equity of 22.35%. The company had revenue of $5.84 billion during the quarter, compared to analysts' expectations of $5.92 billion. During the same period last year, the company posted $2.82 earnings per share. The firm's quarterly revenue was down 7.4% compared to the same quarter last year.

Other analysts have also issued reports about the stock. Scotiabank upgraded shares of EOG Resources from a "sector perform" rating to a "sector outperform" rating and lowered their price target for the company from $150.00 to $130.00 in a research report on Friday, April 11th. Morgan Stanley set a $135.00 price target on shares of EOG Resources and gave the company an "equal weight" rating in a research report on Monday, June 2nd. KeyCorp lowered their price target on shares of EOG Resources from $150.00 to $140.00 and set an "overweight" rating on the stock in a research report on Monday, April 21st. Royal Bank Of Canada reiterated an "outperform" rating and issued a $145.00 price target on shares of EOG Resources in a research report on Friday, June 20th. Finally, Susquehanna lowered their price target on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating on the stock in a research report on Tuesday, April 22nd. Twelve investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, EOG Resources has a consensus rating of "Moderate Buy" and an average price target of $139.48.

EOG Resources Price Performance

EOG Resources stock traded up $1.63 during mid-day trading on Friday, reaching $124.51. The company had a trading volume of 1,437,151 shares, compared to its average volume of 3,404,460. EOG Resources has a 1 year low of $102.52 and a 1 year high of $138.18. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.87 and a quick ratio of 1.71. The company has a market capitalization of $67.95 billion, a P/E ratio of 11.55, a P/E/G ratio of 9.94 and a beta of 0.76. The stock's 50-day simple moving average is $115.55 and its 200-day simple moving average is $121.24.

EOG Resources Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date of this dividend is Friday, October 17th. This is a positive change from EOG Resources's previous quarterly dividend of $0.98. EOG Resources's dividend payout ratio (DPR) is 36.18%.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 3,951 shares of EOG Resources stock in a transaction on Monday, June 30th. The shares were sold at an average price of $119.65, for a total value of $472,737.15. Following the transaction, the chief operating officer owned 45,739 shares in the company, valued at $5,472,671.35. This trade represents a 7.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On EOG Resources

A number of hedge funds have recently made changes to their positions in EOG. Banque Cantonale Vaudoise acquired a new position in shares of EOG Resources in the 1st quarter valued at $26,000. Lee Danner & Bass Inc. acquired a new position in shares of EOG Resources in the 4th quarter valued at $28,000. Saudi Central Bank acquired a new position in shares of EOG Resources in the 1st quarter valued at $28,000. Heritage Wealth Advisors boosted its holdings in shares of EOG Resources by 562.2% in the 4th quarter. Heritage Wealth Advisors now owns 245 shares of the energy exploration company's stock valued at $30,000 after purchasing an additional 208 shares during the last quarter. Finally, Alpine Bank Wealth Management acquired a new position in shares of EOG Resources in the 1st quarter valued at $34,000. Institutional investors and hedge funds own 89.91% of the company's stock.

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.