Analysts Offer Predictions for EOG Resources Q1 Earnings

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Roth Capital cut their Q1 2026 earnings estimates for EOG Resources in a research note issued to investors on Tuesday, October 14th. Roth Capital analyst L. Mariani now expects that the energy exploration company will post earnings of $2.18 per share for the quarter, down from their prior estimate of $2.75. Roth Capital has a “Neutral” rating and a $134.00 price target on the stock. 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 $1.91 EPS, Q3 2026 earnings at $2.39 EPS, Q4 2026 earnings at $2.81 EPS and FY2026 earnings at $9.28 EPS.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.18. The company had revenue of $5.48 billion during the quarter, compared to the consensus estimate of $5.45 billion. EOG Resources had a net margin of 25.25% and a return on equity of 20.51%. The company’s quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.16 EPS.

Other analysts have also recently issued reports about the company. Melius Research initiated coverage on EOG Resources in a research report on Wednesday, August 20th. They issued a “buy” rating and a $173.00 price objective for the company. Raymond James Financial increased their price target on EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada raised their price target on EOG Resources from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. UBS Group lifted their price objective on shares of EOG Resources from $142.00 to $144.00 and gave the stock a “buy” rating in a research report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of EOG Resources from $132.00 to $131.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $143.35.

EOG Resources Trading Down 1.3%

Shares of NYSE:EOG opened at $107.23 on Friday. EOG Resources has a 52-week low of $102.52 and a 52-week high of $138.18. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.61 and a current ratio of 1.79. The company has a market capitalization of $58.55 billion, a P/E ratio of 10.42, a price-to-earnings-growth ratio of 8.47 and a beta of 0.74. The company has a 50-day simple moving average of $116.78 and a 200 day simple moving average of $116.20.

Institutional Investors Weigh In On EOG Resources

A number of hedge funds and other institutional investors have recently modified their holdings of EOG. StrongBox Wealth LLC increased its stake in EOG Resources by 1.9% in the 2nd quarter. StrongBox Wealth LLC now owns 4,817 shares of the energy exploration company’s stock valued at $576,000 after buying an additional 88 shares during the last quarter. ORG Partners LLC grew its holdings in shares of EOG Resources by 45.1% in the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock valued at $34,000 after acquiring an additional 88 shares in the last quarter. Ameriflex Group Inc. grew its holdings in shares of EOG Resources by 31.6% in the second quarter. Ameriflex Group Inc. now owns 379 shares of the energy exploration company’s stock valued at $46,000 after acquiring an additional 91 shares in the last quarter. Granite Harbor Advisors Inc. increased its position in shares of EOG Resources by 3.2% during the first quarter. Granite Harbor Advisors Inc. now owns 3,034 shares of the energy exploration company’s stock valued at $389,000 after acquiring an additional 94 shares during the last quarter. Finally, FSM Wealth Advisors LLC lifted its holdings in EOG Resources by 6.2% during the first quarter. FSM Wealth Advisors LLC now owns 1,623 shares of the energy exploration company’s stock worth $208,000 after acquiring an additional 95 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

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.