Research Analysts Offer Predictions for EOG Resources, Inc.’s FY2025 Earnings (NYSE:EOG)

EOG Resources, Inc. (NYSE:EOG – Get Rating) – Stock analysts at Zacks Research issued their FY2025 earnings per share estimates for shares of EOG Resources in a research note issued on Thursday, March 9th. Zacks Research analyst U. Dutta forecasts that the energy exploration company will earn $10.37 per share for the year. The consensus estimate for EOG Resources’ current full-year earnings is $12.74 per share.

A number of other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on EOG Resources from $156.00 to $153.00 and set an “overweight” rating for the company in a research note on Friday, January 27th. Roth Capital reissued a “buy” rating on shares of EOG Resources in a research report on Friday, February 24th. Raymond James increased their target price on EOG Resources from $155.00 to $171.00 in a research report on Monday, November 28th. Mizuho dropped their target price on EOG Resources from $160.00 to $150.00 in a report on Friday. Finally, Credit Suisse Group reduced their target price on shares of EOG Resources from $160.00 to $155.00 and set an “outperform” rating for the company in a report on Friday, February 24th. Five analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $154.18.

EOG Resources Stock Down 2.5 %

EOG Resources stock opened at $112.18 on Monday. The company has a quick ratio of 1.71, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. EOG Resources has a 52 week low of $92.16 and a 52 week high of $150.88. The business’s 50-day moving average price is $125.55 and its 200 day moving average price is $127.77. The firm has a market cap of $65.93 billion, a price-to-earnings ratio of 8.49, a price-to-earnings-growth ratio of 0.31 and a beta of 1.52.

EOG Resources (NYSE:EOG – Get Rating) last issued its quarterly earnings data on Friday, February 24th. The energy exploration company reported $3.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.31 by ($0.01). The firm had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.09 billion. EOG Resources had a return on equity of 34.95% and a net margin of 30.19%. The firm’s revenue was up 11.2% on a year-over-year basis. During the same period last year, the company earned $3.09 earnings per share.

Institutional Trading of EOG Resources

Several large investors have recently added to or reduced their stakes in the stock. Ossiam boosted its stake in EOG Resources by 1,206.7% in the 4th quarter. Ossiam now owns 196 shares of the energy exploration company’s stock worth $25,000 after purchasing an additional 181 shares during the period. Westside Investment Management Inc. bought a new stake in shares of EOG Resources during the third quarter valued at approximately $22,346,000. Fortis Capital Advisors LLC bought a new position in EOG Resources in the fourth quarter valued at approximately $28,000. HM Payson & Co. raised its holdings in EOG Resources by 54.3% in the third quarter. HM Payson & Co. now owns 233 shares of the energy exploration company’s stock worth $26,000 after purchasing an additional 82 shares during the period. Finally, Kistler Tiffany Companies LLC acquired a new position in shares of EOG Resources in the 4th quarter valued at approximately $30,000. 87.40% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Michael T. Kerr purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, January 12th. The shares were purchased at an average price of $130.49 per share, for a total transaction of $2,609,800.00. Following the transaction, the director now directly owns 170,000 shares of the company’s stock, valued at approximately $22,183,300. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.40% of the stock is owned by company insiders.

EOG Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Friday, April 14th will be issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend is Thursday, April 13th. EOG Resources’s dividend payout ratio (DPR) is 24.98%.

EOG Resources Company Profile

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EOG Resources, Inc engages in the exploration, development, production and marketing of crude oil and natural gas. It operates through the United States, Trinidad & Tobago, and Other International segments. The company was founded in 1985 and is headquartered in Houston, TX.