EOG Resources, Inc. (NYSE:EOG – Free Report) – Research analysts at Zacks Research reduced their Q3 2026 earnings per share estimates for EOG Resources in a report released on Thursday, July 23rd. Zacks Research analyst Team now expects that the energy exploration company will post earnings of $3.87 per share for the quarter, down from their previous forecast of $4.45. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $16.16 per share. Zacks Research also issued estimates for EOG Resources’ FY2026 earnings at $15.59 EPS, Q2 2027 earnings at $3.33 EPS, Q1 2028 earnings at $3.18 EPS and FY2028 earnings at $12.97 EPS.
A number of other research firms also recently weighed in on EOG. BMO Capital Markets lifted their price target on shares of EOG Resources from $140.00 to $160.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 1st. Capital One Financial dropped their price objective on shares of EOG Resources from $161.00 to $159.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Wells Fargo & Company set a $196.00 price objective on shares of EOG Resources and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Williams Trading set a $177.00 price objective on shares of EOG Resources in a report on Monday, April 20th. Finally, Citigroup decreased their target price on shares of EOG Resources from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $155.32.
EOG Resources Stock Performance
Shares of NYSE EOG opened at $139.72 on Monday. The business has a fifty day simple moving average of $136.61 and a 200 day simple moving average of $130.58. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $74.42 billion, a price-to-earnings ratio of 13.75 and a beta of 0.25. EOG Resources has a one year low of $101.59 and a one year high of $151.87.
EOG Resources (NYSE:EOG – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.18. The company had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The company’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the company earned $2.87 EPS.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Acumen Wealth Advisors LLC bought a new stake in shares of EOG Resources in the 4th quarter worth about $25,000. SJS Investment Consulting Inc. boosted its position in EOG Resources by 225.5% in the first quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock valued at $26,000 after buying an additional 124 shares in the last quarter. Prosperity Bancshares Inc acquired a new position in EOG Resources in the fourth quarter valued at about $26,000. Nemes Rush Group LLC acquired a new position in EOG Resources in the fourth quarter valued at about $30,000. Finally, Financial Life Planners bought a new stake in EOG Resources during the first quarter worth about $30,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.
EOG Resources Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, July 17th. EOG Resources’s dividend payout ratio is 40.16%.
EOG Resources Company Profile
EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).
As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.
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