EOG Resources Q1 EPS Estimate Increased by Zacks Research

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

Other equities research analysts also recently issued research reports about the company. Williams Trading set a $154.00 target price on EOG Resources in a report on Wednesday, March 5th. Raymond James raised their price objective on EOG Resources from $140.00 to $148.00 and gave the company a “strong-buy” rating in a report on Tuesday. Citigroup cut their price objective on EOG Resources from $134.00 to $125.00 and set a “neutral” rating on the stock in a report on Monday, March 17th. Susquehanna cut their price objective on EOG Resources from $161.00 to $156.00 and set a “positive” rating on the stock in a report on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. cut their price objective on EOG Resources from $149.00 to $132.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Eleven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $141.05.

EOG Resources Trading Down 1.3%

Shares of EOG stock opened at $112.50 on Monday. The stock’s fifty day moving average price is $115.47 and its two-hundred day moving average price is $124.19. The company has a market cap of $61.40 billion, a PE ratio of 9.06, a P/E/G ratio of 3.58 and a beta of 0.78. EOG Resources has a fifty-two week low of $102.52 and a fifty-two week high of $138.18. 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 announced its earnings results on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.75 by $0.12. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.92 billion. During the same quarter last year, the company earned $2.82 earnings per share. The firm’s quarterly revenue was down 7.4% compared to the same quarter last year.

Institutional Trading of EOG Resources

Large investors have recently modified their holdings of the business. Mountain Lake Investment Management LLC bought a new stake in shares of EOG Resources in the fourth quarter worth about $735,000. Silvercrest Asset Management Group LLC grew its stake in shares of EOG Resources by 14.8% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 826,038 shares of the energy exploration company’s stock worth $101,256,000 after purchasing an additional 106,677 shares during the last quarter. Oak Ridge Investments LLC grew its stake in shares of EOG Resources by 5.9% in the fourth quarter. Oak Ridge Investments LLC now owns 41,274 shares of the energy exploration company’s stock worth $5,059,000 after purchasing an additional 2,311 shares during the last quarter. Tobam bought a new stake in shares of EOG Resources in the fourth quarter worth about $352,000. Finally, Twelve Points Wealth Management LLC grew its stake in shares of EOG Resources by 27.2% in the fourth quarter. Twelve Points Wealth Management LLC now owns 24,579 shares of the energy exploration company’s stock worth $3,013,000 after purchasing an additional 5,259 shares during the last quarter. 89.91% of the stock is owned by institutional investors.

Insider Activity

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the transaction, the chief operating officer now directly owns 47,732 shares of the company’s stock, valued at approximately $6,098,240.32. This trade represents a 7.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

EOG Resources Announces Dividend

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