Zacks Research Estimates EOG Resources Q1 Earnings

EOG Resources, Inc. (NYSE:EOG - Free Report) - Equities researchers at Zacks Research issued their Q1 2026 earnings per share estimates for shares of EOG Resources in a research report issued on Wednesday, June 11th. Zacks Research analyst R. Department anticipates that the energy exploration company will post earnings per share of $2.73 for the quarter. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources' Q2 2026 earnings at $2.64 EPS, Q3 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.86 EPS, FY2026 earnings at $10.98 EPS, Q1 2027 earnings at $2.48 EPS and FY2027 earnings at $11.25 EPS.

A number of other brokerages also recently commented on EOG. Wall Street Zen downgraded EOG Resources from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Jefferies Financial Group raised their price objective on EOG Resources from $144.00 to $148.00 and gave the stock a "buy" rating in a research report on Friday. Mizuho cut their target price on EOG Resources from $140.00 to $134.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Williams Trading set a $154.00 target price on EOG Resources in a research report on Wednesday, March 5th. Finally, Barclays raised their target price on EOG Resources from $137.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Monday, June 2nd. Eleven investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $140.00.

EOG Resources Price Performance

Shares of EOG stock opened at $125.52 on Monday. The stock has a 50 day moving average of $111.99 and a two-hundred day moving average of $121.75. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. EOG Resources has a 12 month low of $102.52 and a 12 month high of $138.18. The company has a market capitalization of $68.50 billion, a P/E ratio of 10.11, a P/E/G ratio of 3.58 and a beta of 0.74.

EOG Resources (NYSE:EOG - Get Free Report) last announced 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 return on equity of 23.77% and a net margin of 29.18%. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.92 billion. During the same quarter last year, the company earned $2.82 EPS. The company's quarterly revenue was down 7.4% on a year-over-year basis.

EOG Resources Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.25%. This is a boost from EOG Resources's previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, October 17th. EOG Resources's dividend payout ratio (DPR) is currently 36.18%.

Insider Activity at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the sale, the chief operating officer now directly owns 47,732 shares of the company's stock, valued at $6,098,240.32. This trade represents a 7.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.13% of the company's stock.

Institutional Investors Weigh In On EOG Resources

Several hedge funds and other institutional investors have recently made changes to their positions in the company. eCIO Inc. acquired a new stake in shares of EOG Resources in the 1st quarter valued at $195,000. Modern Wealth Management LLC acquired a new stake in shares of EOG Resources in the 1st quarter valued at $229,000. Strs Ohio acquired a new stake in shares of EOG Resources in the 1st quarter valued at $17,408,000. Ellsworth Advisors LLC increased its stake in shares of EOG Resources by 1.2% in the 1st quarter. Ellsworth Advisors LLC now owns 13,829 shares of the energy exploration company's stock valued at $1,773,000 after buying an additional 164 shares during the period. Finally, Indiana Trust & Investment Management Co increased its stake in shares of EOG Resources by 56.2% in the 1st 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. 89.91% of the stock is owned by institutional investors and hedge funds.

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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