Zacks Research Reduces Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG - Free Report) - Equities researchers at Zacks Research lowered their Q2 2025 earnings estimates for shares of EOG Resources in a research note issued on Monday, June 16th. Zacks Research analyst R. Department now anticipates that the energy exploration company will earn $2.24 per share for the quarter, down from their prior forecast of $2.26. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources' Q3 2025 earnings at $2.17 EPS, FY2025 earnings at $9.87 EPS, Q2 2026 earnings at $2.56 EPS, Q4 2026 earnings at $3.09 EPS, FY2026 earnings at $10.79 EPS and Q1 2027 earnings at $2.39 EPS.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period last year, the company posted $2.82 earnings per share.

EOG has been the subject of several other reports. Susquehanna lowered their price objective on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating for the company in a research note on Tuesday, April 22nd. Citigroup lowered their price objective on shares of EOG Resources from $134.00 to $125.00 and set a "neutral" rating for the company in a research note on Monday, March 17th. Scotiabank raised shares of EOG Resources from a "sector perform" rating to a "sector outperform" rating and reduced their target price for the stock from $150.00 to $130.00 in a report on Friday, April 11th. KeyCorp cut their price objective on shares of EOG Resources from $150.00 to $140.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Finally, Jefferies Financial Group reissued a "buy" rating and set a $148.00 target price (up previously from $144.00) on shares of EOG Resources in a research note on Friday. Eleven analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $140.10.

EOG Resources Price Performance

Shares of EOG opened at $123.20 on Tuesday. The company has a market cap of $67.24 billion, a price-to-earnings ratio of 9.92, a price-to-earnings-growth ratio of 3.58 and a beta of 0.74. EOG Resources has a twelve month low of $102.52 and a twelve month high of $138.18. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $112.36 and a two-hundred day moving average of $121.68.

EOG Resources Increases Dividend

The firm also recently announced 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 an increase from EOG Resources's previous quarterly dividend of $0.98. This represents a $4.08 annualized dividend and a yield of 3.31%. The ex-dividend date is Friday, October 17th. EOG Resources's dividend payout ratio (DPR) is 36.18%.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,037 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were 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 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 Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EOG. Nuveen LLC acquired a new position in EOG Resources during the first quarter valued at approximately $451,908,000. Wealthfront Advisers LLC increased its stake in shares of EOG Resources by 4,642.2% in the fourth quarter. Wealthfront Advisers LLC now owns 2,852,238 shares of the energy exploration company's stock worth $349,627,000 after buying an additional 2,792,092 shares during the last quarter. Capital World Investors increased its stake in EOG Resources by 5.2% during the fourth quarter. Capital World Investors now owns 45,919,327 shares of the energy exploration company's stock valued at $5,628,497,000 after purchasing an additional 2,270,013 shares during the last quarter. Raymond James Financial Inc. bought a new stake in EOG Resources during the fourth quarter valued at $171,193,000. Finally, GAMMA Investing LLC increased its stake in EOG Resources by 14,784.1% during the first quarter. GAMMA Investing LLC now owns 1,281,374 shares of the energy exploration company's stock valued at $164,323,000 after purchasing an additional 1,272,765 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

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.

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