Edmond DE Rothschild Holding S.A. bought a new position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,540 shares of the energy exploration company’s stock, valued at approximately $719,000.
Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in EOG Resources during the 2nd quarter worth approximately $5,905,587,000. Bank of New York Mellon Corp acquired a new position in EOG Resources in the 2nd quarter valued at $654,899,000. Deutsche Bank AG acquired a new position in EOG Resources in the 2nd quarter valued at $251,102,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of EOG Resources during the second quarter worth $168,029,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of EOG Resources by 898.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,420,839 shares of the energy exploration company’s stock valued at $205,411,000 after acquiring an additional 1,278,555 shares during the period. Institutional investors own 89.91% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently commented on EOG shares. Roth Capital restated a “neutral” rating and issued a $138.00 price target on shares of EOG Resources in a research note on Wednesday, August 5th. 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. Truist Financial boosted their price objective on shares of EOG Resources from $134.00 to $153.00 and gave the company a “hold” rating in a report on Thursday, August 6th. Raymond James Financial restated a “strong-buy” rating and set a $183.00 target price on shares of EOG Resources in a research report on Monday, August 3rd. Finally, Freedom Capital cut shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat.com, EOG Resources has a consensus rating of “Hold” and a consensus price target of $155.41.
EOG Resources Stock Performance
EOG opened at $152.33 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.68 and a current ratio of 1.85. EOG Resources, Inc. has a 52-week low of $101.59 and a 52-week high of $153.67. The firm has a market cap of $79.90 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25. The business’s fifty day moving average is $138.42 and its 200-day moving average is $134.87.
EOG Resources (NYSE:EOG – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share for the quarter, topping the consensus estimate of $4.97 by $0.10. The business had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. EOG Resources’s revenue was up 57.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.32 earnings per share. Sell-side analysts expect that EOG Resources, Inc. will post 16.55 EPS for the current fiscal year.
EOG Resources Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 16th. EOG Resources’s dividend payout ratio is 31.75%.
Key EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Zacks raised its estimates for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, full-year 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, and full-year 2027 EPS to $14.03 from $13.05. The upward revisions suggest stronger expected near-term profitability and are the primary bullish catalyst. EOG Resources analyst estimates
- Positive Sentiment: Zacks also increased estimates for fourth-quarter 2026 EPS to $3.88, fourth-quarter 2027 EPS to $3.33, first-quarter 2028 EPS to $3.50, and full-year 2028 EPS to $13.18. These revisions indicate analysts continue to see support for EOG’s earnings outlook beyond 2026.
- Neutral Sentiment: Zacks maintained a “Hold” rating, tempering the impact of the higher forecasts. The current-year consensus EPS estimate remains $16.43, while the company’s latest reported quarter exceeded expectations and revenue increased sharply year over year.
- Negative Sentiment: Some longer-term estimates were reduced: second-quarter 2027 EPS fell to $3.26 from $3.33, and second-quarter 2028 EPS declined to $3.10 from $3.49. These cuts point to possible moderation in earnings growth later in the forecast period.
- Negative Sentiment: Higher Treasury yields—including the 30-year yield briefly reaching a 19-year high—could pressure income-oriented and valuation-sensitive energy stocks by making bonds more competitive and raising financing costs. Dividend Stocks Lost the Yield War But May Still Beat the Market
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.
Read More
- Five stocks we like better than EOG Resources
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
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.
