Roth Capital Decreases Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Research analysts at Roth Capital cut their Q1 2025 earnings per share (EPS) estimates for shares of EOG Resources in a research note issued on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the energy exploration company will earn $2.84 per share for the quarter, down from their prior forecast of $3.04. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Roth Capital also issued estimates for EOG Resources’ Q2 2025 earnings at $1.98 EPS, Q3 2025 earnings at $2.25 EPS, Q4 2025 earnings at $2.49 EPS and FY2025 earnings at $9.55 EPS.

A number of other analysts have also issued reports on the company. Morgan Stanley decreased their price objective on EOG Resources from $142.00 to $136.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 27th. Royal Bank of Canada raised shares of EOG Resources from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $150.00 to $155.00 in a research note on Wednesday, February 12th. Scotiabank upgraded shares of EOG Resources from a “sector perform” rating to a “sector outperform” rating and lowered their target price for the stock from $150.00 to $130.00 in a research note on Friday, April 11th. Barclays reduced their price target on shares of EOG Resources from $146.00 to $144.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 18th. Finally, Truist Financial lifted their price objective on EOG Resources from $135.00 to $137.00 and gave the company a “hold” rating in a research note on Monday, January 13th. Twelve equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, EOG Resources currently has a consensus rating of “Moderate Buy” and an average target price of $144.19.

EOG Resources Trading Up 2.1 %

Shares of EOG stock opened at $110.53 on Thursday. The stock has a market capitalization of $60.96 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 3.58 and a beta of 0.93. The company’s fifty day simple moving average is $122.73 and its two-hundred day simple moving average is $126.56. EOG Resources has a 1 year low of $102.52 and a 1 year high of $138.18. 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 (NYSE:EOG) last posted its earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.55 by $0.19. The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.96 billion. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. grew its holdings in shares of EOG Resources by 15.7% during the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the energy exploration company’s stock worth $226,000 after acquiring an additional 250 shares during the period. Chelsea Counsel Co. grew its stake in EOG Resources by 2.0% in the third quarter. Chelsea Counsel Co. now owns 5,215 shares of the energy exploration company’s stock worth $641,000 after purchasing an additional 100 shares during the period. World Investment Advisors LLC bought a new position in EOG Resources in the third quarter worth $730,000. Wilmington Savings Fund Society FSB lifted its position in EOG Resources by 26.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 71,766 shares of the energy exploration company’s stock valued at $8,822,000 after buying an additional 15,186 shares during the period. Finally, Tidal Investments LLC boosted its holdings in shares of EOG Resources by 4.7% during the 3rd quarter. Tidal Investments LLC now owns 58,790 shares of the energy exploration company’s stock valued at $7,227,000 after buying an additional 2,634 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the transaction, the chief operating officer now owns 47,732 shares in the company, valued at $6,098,240.32. This represents a 7.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is currently owned by company insiders.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Wednesday, April 16th. EOG Resources’s dividend payout ratio (DPR) is 34.73%.

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.