EOG Resources FY2026 EPS Estimate Raised by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Investment analysts at Zacks Research upped their FY2026 earnings estimates for EOG Resources in a report released on Monday, September 29th. Zacks Research analyst Team now forecasts that the energy exploration company will post earnings of $11.30 per share for the year, up from their prior forecast of $11.27. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q4 2026 earnings at $3.09 EPS, Q1 2027 earnings at $3.11 EPS, Q2 2027 earnings at $3.08 EPS and FY2027 earnings at $12.65 EPS.

EOG has been the topic of several other research reports. Jefferies Financial Group restated a “buy” rating and issued a $148.00 price target (up previously from $144.00) on shares of EOG Resources in a report on Friday, June 13th. Raymond James Financial raised their price target on shares of EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 22nd. Melius initiated coverage on shares of EOG Resources in a research note on Wednesday, August 20th. They issued a “buy” rating and a $173.00 target price on the stock. Stephens began coverage on shares of EOG Resources in a research note on Tuesday, June 17th. They issued an “equal weight” rating and a $137.00 target price on the stock. Finally, Wolfe Research cut their price objective on EOG Resources from $139.00 to $138.00 and set an “outperform” rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $143.14.

EOG Resources Stock Performance

EOG Resources stock opened at $110.40 on Wednesday. The stock’s 50-day moving average is $118.62 and its 200-day moving average is $117.35. The company has a market cap of $60.28 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 8.54 and a beta of 0.74. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.79 and a quick ratio of 1.61. EOG Resources has a 12 month low of $102.52 and a 12 month high of $138.18.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.18. The business had revenue of $5.48 billion for the quarter, compared to analyst estimates of $5.45 billion. EOG Resources had a net margin of 25.25% and a return on equity of 20.51%. The company’s revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $3.16 EPS.

Institutional Investors Weigh In On EOG Resources

Several hedge funds and other institutional investors have recently modified their holdings of the stock. StrongBox Wealth LLC increased its stake in EOG Resources by 1.9% during the second quarter. StrongBox Wealth LLC now owns 4,817 shares of the energy exploration company’s stock valued at $576,000 after purchasing an additional 88 shares during the last quarter. ORG Partners LLC grew its position in shares of EOG Resources by 45.1% during the 2nd quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock valued at $34,000 after buying an additional 88 shares during the last quarter. Ameriflex Group Inc. grew its position in shares of EOG Resources by 31.6% during the 2nd quarter. Ameriflex Group Inc. now owns 379 shares of the energy exploration company’s stock valued at $46,000 after buying an additional 91 shares during the last quarter. Granite Harbor Advisors Inc. grew its position in shares of EOG Resources by 3.2% during the 1st quarter. Granite Harbor Advisors Inc. now owns 3,034 shares of the energy exploration company’s stock valued at $389,000 after buying an additional 94 shares during the last quarter. Finally, FSM Wealth Advisors LLC grew its position in shares of EOG Resources by 6.2% during the 1st quarter. FSM Wealth Advisors LLC now owns 1,623 shares of the energy exploration company’s stock valued at $208,000 after buying an additional 95 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

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.