EOG Resources, Inc. (NYSE:EOG – Free Report) – Zacks Research reduced their Q3 2026 EPS estimates for EOG Resources in a note issued to investors on Monday, September 21st. Zacks Research analyst Team now anticipates that the energy exploration company will post earnings of $4.08 per share for the quarter, down from their previous estimate of $4.42. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $16.89 per share. Zacks Research also issued estimates for EOG Resources’ Q4 2026 earnings at $3.81 EPS, FY2026 earnings at $16.37 EPS, Q1 2027 earnings at $3.67 EPS, Q3 2027 earnings at $3.27 EPS, FY2027 earnings at $13.54 EPS, Q1 2028 earnings at $2.80 EPS and FY2028 earnings at $12.57 EPS.
Several other equities analysts have also commented on the stock. Barclays set a $147.00 price objective on shares of EOG Resources and gave the company an “equal weight” rating in a research report on Monday, August 17th. Stifel Nicolaus assumed coverage on shares of EOG Resources in a research note on Thursday, September 10th. They set a “hold” rating and a $158.00 price objective for the company. Capital One Financial downgraded EOG Resources from an “overweight” rating to an “equal weight” rating and set a $153.00 price target on the stock. in a research note on Wednesday, August 26th. Citigroup reiterated a “neutral” rating and issued a $150.00 price objective (up from $141.00) on shares of EOG Resources in a research note on Thursday, August 27th. Finally, Weiss Ratings upgraded EOG Resources from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $158.11.
EOG Resources Price Performance
Shares of NYSE EOG opened at $139.64 on Wednesday. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $154.16. The company has a market cap of $73.25 billion, a PE ratio of 10.87, a P/E/G ratio of 0.52 and a beta of 0.26. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.68 and a current ratio of 1.85. The business has a 50-day simple moving average of $144.53 and a two-hundred day simple moving average of $139.21.
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 analysts’ consensus estimates of $4.97 by $0.10. EOG Resources had a return on equity of 23.44% and a net margin of 25.44%.The firm had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.04 billion. During the same quarter last year, the firm earned $2.32 EPS. The business’s quarterly revenue was up 57.4% on a year-over-year basis.
EOG Resources Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, October 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s dividend payout ratio is presently 31.75%.
Insider Activity at EOG Resources
In other news, CEO Ezra Yacob sold 35,942 shares of EOG Resources stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $152.10, for a total value of $5,466,778.20. Following the sale, the chief executive officer directly owned 242,451 shares of the company’s stock, valued at $36,876,797.10. The trade was a 12.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Michael Donaldson sold 7,336 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $148.00, for a total value of $1,085,728.00. Following the sale, the executive vice president owned 100,558 shares of the company’s stock, valued at $14,882,584. The trade was a 6.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.14% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Summitry LLC lifted its position in shares of EOG Resources by 1.5% in the first quarter. Summitry LLC now owns 4,832 shares of the energy exploration company’s stock valued at $699,000 after acquiring an additional 73 shares in the last quarter. Twin Capital Management Inc. increased its stake in EOG Resources by 0.3% in the 1st quarter. Twin Capital Management Inc. now owns 23,980 shares of the energy exploration company’s stock worth $3,467,000 after acquiring an additional 79 shares during the last quarter. Sax Wealth Advisors LLC boosted its position in shares of EOG Resources by 2.8% during the 2nd quarter. Sax Wealth Advisors LLC now owns 2,907 shares of the energy exploration company’s stock valued at $377,000 after acquiring an additional 79 shares during the last quarter. Paladin Wealth LLC grew its holdings in shares of EOG Resources by 5.3% in the second quarter. Paladin Wealth LLC now owns 1,593 shares of the energy exploration company’s stock valued at $207,000 after purchasing an additional 80 shares in the last quarter. Finally, Hardy Reed LLC grew its stake in shares of EOG Resources by 3.8% in the 1st quarter. Hardy Reed LLC now owns 2,251 shares of the energy exploration company’s stock worth $325,000 after buying an additional 82 shares in the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.
EOG Resources News Roundup
Here are the key news stories impacting EOG Resources this week:
- Neutral Sentiment: EOG Resources will discuss its third-quarter 2026 results during a conference call and webcast on November 6, 2026. The event provides investors with a forthcoming update on production, commodity prices, costs and capital allocation. EOG Resources Schedules Conference Call and Webcast
- Neutral Sentiment: Brokerages maintain an average “Hold” rating on EOG Resources, suggesting analysts see limited near-term upside relative to the company’s valuation and current operating outlook. EOG Resources Receives Average Hold Rating
- Negative Sentiment: Zacks Research lowered its EPS estimates across several periods, including Q3 2026 to $4.08 from $4.42, Q4 2026 to $3.81 from $3.88, and full-year 2026 to $16.37 from $16.78. It also cut full-year 2027 EPS to $13.54 from $14.03 and full-year 2028 EPS to $12.57 from $13.18. These revisions point to weaker expected earnings momentum and can weigh on the shares.
- Negative Sentiment: Additional cuts included Q1 2027 EPS to $3.67 from $4.08, Q3 2027 to $3.27 from $3.35, Q1 2028 to $2.80 from $3.50, and Q2 2028 to $2.90 from $3.10. Although Zacks raised its Q4 2027 estimate to $3.61 from $3.33, the broader pattern of reductions is unfavorable.
- Negative Sentiment: Chief Executive Officer Ezra Y. Yacob sold 11,908 EOG shares for approximately $1.8 million at $153.74 per share. The sale represented about 5% of his direct holdings and may add modest sentiment pressure, although insider transactions do not necessarily signal a change in the company’s fundamentals. EOG CEO Share Sale
EOG Resources Company Profile
EOG Resources, Inc is an independent exploration and production company focused on finding, developing and producing crude oil, natural gas and natural gas liquids. Its operations are concentrated primarily in the United States, with a portfolio of onshore assets in several major producing regions.
The company’s principal U.S. positions include the Delaware Basin and other areas of the Permian Basin, the Eagle Ford and Dorado plays in South Texas, and the Rocky Mountain region. EOG also has international operations in Trinidad and Tobago, where it produces natural gas and supports related energy development.
EOG traces its history to Enron Oil & Gas Company, which was established in 1990.
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