Zacks Research Lifts Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Zacks Research increased their Q2 2026 earnings per share estimates for shares of EOG Resources in a note issued to investors on Thursday, March 27th. Zacks Research analyst R. Department now anticipates that the energy exploration company will earn $2.96 per share for the quarter, up from their prior estimate of $2.90. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q3 2026 earnings at $3.07 EPS, Q4 2026 earnings at $3.12 EPS, FY2026 earnings at $11.85 EPS and FY2027 earnings at $11.35 EPS.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.19. The business had revenue of $5.59 billion for the quarter, compared to the consensus estimate 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 equities analysts have also weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of EOG Resources from $149.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Benchmark reissued a “hold” rating on shares of EOG Resources in a research note on Monday, January 13th. Wells Fargo & Company lowered their price objective on EOG Resources from $150.00 to $146.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Bank of America reiterated a “neutral” rating and set a $144.00 target price (down from $151.00) on shares of EOG Resources in a research report on Monday, January 13th. Finally, Royal Bank of Canada upgraded EOG Resources from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from $150.00 to $155.00 in a report on Wednesday, February 12th. Thirteen investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $144.67.

EOG Resources Price Performance

NYSE:EOG opened at $126.55 on Monday. EOG Resources has a 12-month low of $115.78 and a 12-month high of $139.67. The firm has a market cap of $70.10 billion, a price-to-earnings ratio of 10.19, a price-to-earnings-growth ratio of 3.58 and a beta of 1.25. The company’s 50-day moving average is $128.23 and its two-hundred day moving average is $127.78. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 3.08%. The ex-dividend date is Wednesday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 34.73%.

Insiders Place Their Bets

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $120.89, for a total transaction of $483,560.00. Following the transaction, the chief operating officer now directly owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. The trade was a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On EOG Resources

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EOG. Financial Life Planners purchased a new stake in shares of EOG Resources during the fourth quarter worth about $25,000. Y.D. More Investments Ltd increased its holdings in EOG Resources by 149.4% during the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock worth $25,000 after purchasing an additional 121 shares during the last quarter. Mainstream Capital Management LLC acquired a new position in shares of EOG Resources in the 4th quarter valued at approximately $25,000. Decker Retirement Planning Inc. purchased a new position in shares of EOG Resources during the 4th quarter valued at approximately $27,000. Finally, Keystone Financial Group Inc. acquired a new stake in shares of EOG Resources during the fourth quarter worth approximately $27,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

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.