Q1 EPS Estimates for EOG Resources Lifted by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Zacks Research boosted their Q1 2026 earnings per share estimates for shares of EOG Resources in a research note issued to investors on Thursday, May 15th. Zacks Research analyst R. Department now expects that the energy exploration company will post earnings of $2.72 per share for the quarter, up from their previous estimate of $2.69. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share.

Other equities analysts have also issued reports about the stock. Susquehanna lowered their target price on shares of EOG Resources from $161.00 to $156.00 and set a “positive” rating for the company in a report on Tuesday, April 22nd. KeyCorp lowered their target price 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. Mizuho decreased their price objective on shares of EOG Resources from $140.00 to $134.00 and set a “neutral” rating for the company in a report on Tuesday, May 13th. JPMorgan Chase & Co. decreased their price objective on shares of EOG Resources from $149.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Finally, Morgan Stanley decreased their price objective on shares of EOG Resources from $142.00 to $136.00 and set an “equal weight” rating for the company in a report on Thursday, March 27th. Eleven research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.05.

EOG Resources Price Performance

EOG stock opened at $112.50 on Monday. The firm has a 50 day moving average price of $115.47 and a 200-day moving average price of $124.19. EOG Resources has a 52-week low of $102.52 and a 52-week high of $138.18. The firm has a market capitalization of $61.40 billion, a price-to-earnings ratio of 9.06, a PEG ratio of 3.58 and a beta of 0.78. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.75 by $0.12. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The business had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.92 billion. During the same period in the previous year, the firm posted $2.82 EPS. The business’s revenue was down 7.4% on a year-over-year basis.

Institutional Trading of EOG Resources

Hedge funds have recently made changes to their positions in the business. Financial Life Planners purchased a new stake in shares of EOG Resources during the 4th quarter valued at about $25,000. Y.D. More Investments Ltd raised its position in shares of EOG Resources by 149.4% during the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock valued at $25,000 after buying an additional 121 shares in the last quarter. Mainstream Capital Management LLC purchased a new stake in shares of EOG Resources during the 4th quarter valued at about $25,000. Banque Cantonale Vaudoise purchased a new stake in shares of EOG Resources during the 1st quarter valued at about $26,000. Finally, Keystone Financial Group Inc. purchased a new stake in shares of EOG Resources during the 4th quarter valued at about $27,000. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,037 shares of the 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 completion of the transaction, the chief operating officer now owns 47,732 shares of the company’s stock, valued at $6,098,240.32. This represents a 7.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.13% of the company’s stock.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 17th will be issued a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Thursday, July 17th. EOG Resources’s dividend payout ratio (DPR) is presently 36.18%.

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.