EOG Resources (NYSE:EOG – Get Free Report) released its quarterly earnings results on Tuesday. The energy exploration company reported $5.07 EPS for the quarter, topping analysts’ consensus estimates of $4.97 by $0.10, Zacks reports. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.
EOG Resources Trading Down 1.5%
Shares of NYSE EOG traded down $2.19 during midday trading on Tuesday, reaching $143.49. 2,906,628 shares of the stock were exchanged, compared to its average volume of 4,388,739. The stock has a 50 day moving average price of $137.03 and a 200-day moving average price of $131.72. 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 company has a market capitalization of $76.43 billion, a P/E ratio of 14.12 and a beta of 0.25. EOG Resources has a 52-week low of $101.59 and a 52-week high of $151.87.
Institutional Trading of EOG Resources
Hedge funds have recently added to or reduced their stakes in the business. State Street Corp grew its holdings in EOG Resources by 0.3% in the fourth quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock valued at $3,209,365,000 after purchasing an additional 100,080 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of EOG Resources by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock valued at $2,099,028,000 after purchasing an additional 371,548 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of EOG Resources by 1.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,507,760 shares of the energy exploration company’s stock worth $683,382,000 after purchasing an additional 122,112 shares during the period. Northern Trust Corp grew its holdings in shares of EOG Resources by 0.8% during the 3rd quarter. Northern Trust Corp now owns 5,974,950 shares of the energy exploration company’s stock worth $669,911,000 after purchasing an additional 49,987 shares during the period. Finally, Invesco Ltd. increased its position in EOG Resources by 7.0% during the 4th quarter. Invesco Ltd. now owns 5,021,356 shares of the energy exploration company’s stock worth $527,293,000 after purchasing an additional 327,477 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on EOG Resources
Trending Headlines about EOG Resources
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: EOG exceeded earnings expectations. Second-quarter 2026 earnings were $5.07 per share, $0.10 above the analyst consensus of $4.97. The company also posted a 23.01% net margin and 19.25% return on equity, reinforcing its strong profitability. EOG Resources Reports Second Quarter 2026 Results
- Positive Sentiment: Analysts had been forecasting significant growth. Expectations before the report called for quarterly earnings to more than double year over year, with revenue projected near $7.95 billion, supported by crude oil, natural gas liquids and gathering, processing and marketing operations. How Bullish 2026 Earnings Forecasts At EOG Resources Has Changed Its Investment Story
- Neutral Sentiment: Wall Street remains cautiously constructive. Analysts’ average recommendation is “Moderate Buy,” although EOG has outperformed the S&P 500 while trailing some energy-sector peers. EOG Resources Receives Average Recommendation of Moderate Buy
- Negative Sentiment: The earnings beat may have been largely anticipated. EOG shares had gained 11.39% over the prior 30 days and 35.81% year to date, while analysts had recently trimmed their consensus EPS estimate. That combination can create “sell-the-news” pressure when results only modestly exceed expectations. EOG Resources Draws Interest on Earnings Growth Hopes
About EOG Resources
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.
Featured Articles
- Five stocks we like better than EOG Resources
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Receive News & Ratings for EOG Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources and related companies with MarketBeat.com's FREE daily email newsletter.
