Zacks Research Forecasts Lower Earnings for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Equities research analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for EOG Resources in a research note issued on Wednesday, March 12th. Zacks Research analyst R. Department now forecasts that the energy exploration company will post earnings of $2.71 per share for the quarter, down from their prior forecast of $2.81. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q2 2025 earnings at $2.59 EPS, Q3 2025 earnings at $2.83 EPS, FY2025 earnings at $11.08 EPS, Q1 2026 earnings at $2.51 EPS, Q3 2026 earnings at $2.99 EPS and FY2026 earnings at $11.43 EPS.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.19. The company had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.96 billion. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%.

A number of other brokerages have also recently commented on EOG. Wells Fargo & Company reduced their price objective on EOG Resources from $150.00 to $146.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Piper Sandler cut their price target on EOG Resources from $141.00 to $135.00 and set a “neutral” rating on the stock in a research note on Thursday, March 6th. Williams Trading set a $154.00 price target on EOG Resources in a research note on Wednesday, March 5th. JPMorgan Chase & Co. cut their price target on EOG Resources from $149.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Finally, Barclays cut their price target on EOG Resources from $148.00 to $146.00 and set an “equal weight” rating on the stock in a research note on Friday, February 28th. Twelve investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.43.

EOG Resources Trading Down 0.3 %

Shares of EOG opened at $123.56 on Monday. The stock’s 50-day moving average is $129.49 and its two-hundred day moving average is $127.56. The stock has a market cap of $68.44 billion, a PE ratio of 9.95, a P/E/G ratio of 3.58 and a beta of 1.25. EOG Resources has a 12 month low of $115.78 and a 12 month high of $139.67. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07.

EOG Resources Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Wednesday, April 16th. EOG Resources’s payout ratio is 34.73%.

Insider Transactions at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $120.89, for a total transaction of $483,560.00. Following the sale, the chief operating officer now directly owns 42,703 shares in the company, valued at approximately $5,162,365.67. This represents a 8.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.30% of the company’s stock.

Institutional Trading of EOG Resources

Institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Life Planners acquired a new stake in EOG Resources in the 4th quarter valued at approximately $25,000. Y.D. More Investments Ltd increased its position in EOG Resources by 149.4% in the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock valued at $25,000 after acquiring an additional 121 shares during the period. Mainstream Capital Management LLC acquired a new stake in EOG Resources in the 4th quarter valued at approximately $25,000. Decker Retirement Planning Inc. acquired a new stake in EOG Resources in the 4th quarter valued at approximately $27,000. Finally, Keystone Financial Group Inc. acquired a new stake in EOG Resources in the 4th quarter valued at approximately $27,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Company Profile

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.