Roth Capital Weighs in on EOG Resources Q1 Earnings

EOG Resources, Inc. (NYSE:EOG - Free Report) - Equities researchers at Roth Capital issued their Q1 2026 earnings estimates for shares of EOG Resources in a research report issued to clients and investors on Monday, June 2nd. Roth Capital analyst L. Mariani forecasts that the energy exploration company will post earnings per share of $2.89 for the quarter. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share. Roth Capital also issued estimates for EOG Resources' Q2 2026 earnings at $2.72 EPS, Q3 2026 earnings at $3.08 EPS, Q4 2026 earnings at $3.23 EPS and FY2026 earnings at $11.92 EPS.

A number of other research analysts also recently issued reports on EOG. Raymond James boosted their price target on shares of EOG Resources from $148.00 to $158.00 and gave the stock a "strong-buy" rating in a research report on Monday. Mizuho dropped their target price on shares of EOG Resources from $140.00 to $134.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Citigroup cut their price target on shares of EOG Resources from $134.00 to $125.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. Bank of America lowered their price objective on EOG Resources from $125.00 to $124.00 and set a "neutral" rating for the company in a research report on Friday, May 23rd. Finally, Scotiabank raised EOG Resources from a "sector perform" rating to a "sector outperform" rating and decreased their target price for the stock from $150.00 to $130.00 in a research note on Friday, April 11th. Eleven analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $139.58.

EOG Resources Trading Up 0.1%

Shares of EOG Resources stock traded up $0.16 during midday trading on Thursday, reaching $110.93. The company had a trading volume of 2,697,215 shares, compared to its average volume of 3,276,364. The firm has a market cap of $60.55 billion, a PE ratio of 8.93, a P/E/G ratio of 3.58 and a beta of 0.78. The stock has a fifty day moving average price of $112.16 and a 200 day moving average price of $122.74. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. EOG Resources has a fifty-two week low of $102.52 and a fifty-two week high of $138.18.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings results 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. The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.92 billion. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%. EOG Resources's revenue was down 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.82 earnings per share.

EOG Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be issued a dividend of $1.02 per share. This is a positive change from EOG Resources's previous quarterly dividend of $0.98. This represents a $4.08 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date is Friday, October 17th. EOG Resources's payout ratio is currently 36.18%.

Insider Activity

In other 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 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 $6,098,240.32. This represents a 7.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.13% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Modern Wealth Management LLC bought a new position in shares of EOG Resources during the 1st quarter worth approximately $229,000. Strs Ohio bought a new stake in EOG Resources during the first quarter worth $17,408,000. Ellsworth Advisors LLC raised its stake in shares of EOG Resources by 1.2% during the 1st quarter. Ellsworth Advisors LLC now owns 13,829 shares of the energy exploration company's stock worth $1,773,000 after purchasing an additional 164 shares during the period. Indiana Trust & Investment Management Co grew its position in EOG Resources by 56.2% during the first quarter. Indiana Trust & Investment Management Co now owns 417 shares of the energy exploration company's stock valued at $53,000 after buying an additional 150 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in EOG Resources by 7.9% during the first quarter. Geneos Wealth Management Inc. now owns 33,020 shares of the energy exploration company's stock worth $4,234,000 after buying an additional 2,428 shares during the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

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.