KeyCorp Has Pessimistic Outlook of EOG Resources Q1 Earnings

EOG Resources, Inc. (NYSE:EOG) – Stock analysts at KeyCorp reduced their Q1 2025 earnings per share estimates for shares of EOG Resources in a report issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now anticipates that the energy exploration company will post earnings of $2.58 per share for the quarter, down from their previous estimate of $2.79. KeyCorp currently has a “Overweight” rating and a $140.00 target price on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. KeyCorp also issued estimates for EOG Resources’ Q1 2026 earnings at $2.60 EPS, Q2 2026 earnings at $2.46 EPS, Q3 2026 earnings at $2.55 EPS, Q4 2026 earnings at $2.72 EPS and FY2026 earnings at $10.33 EPS.

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

A number of other research firms have also issued reports on EOG. Bank of America reissued a “neutral” rating and issued a $144.00 target price (down previously from $151.00) on shares of EOG Resources in a report on Monday, January 13th. Mizuho restated a “neutral” rating and set a $140.00 price objective (down previously from $148.00) on shares of EOG Resources in a research report on Tuesday, March 25th. Wells Fargo & Company lowered their target price on shares of EOG Resources from $150.00 to $146.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Barclays cut 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 report on Tuesday, March 18th. Finally, Citigroup dropped their target price on EOG Resources from $134.00 to $125.00 and set a “neutral” rating on the stock in a research report on Monday, March 17th. Twelve investment 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, EOG Resources presently has a consensus rating of “Moderate Buy” and a consensus target price of $143.52.

EOG Resources Price Performance

Shares of NYSE:EOG opened at $111.28 on Tuesday. EOG Resources has a one year low of $102.52 and a one year high of $138.18. The stock has a market capitalization of $61.38 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 3.58 and a beta of 0.93. The company has a 50-day simple moving average of $121.55 and a 200-day simple moving average of $126.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a dividend of $0.975 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $3.90 annualized dividend and a dividend yield of 3.50%. EOG Resources’s dividend payout ratio is currently 34.73%.

Insider Activity at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of EOG Resources stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total value of $515,767.12. Following the completion of the sale, the chief operating officer now owns 47,732 shares of the company’s stock, valued at $6,098,240.32. The trade was a 7.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EOG Resources

A number of institutional investors have recently bought and sold shares of EOG. Essex Financial Services Inc. grew its stake in shares of EOG Resources by 1.3% during the 4th quarter. Essex Financial Services Inc. now owns 6,145 shares of the energy exploration company’s stock valued at $753,000 after buying an additional 79 shares during the period. Valmark Advisers Inc. grew its position in EOG Resources by 2.6% during the fourth quarter. Valmark Advisers Inc. now owns 3,140 shares of the energy exploration company’s stock valued at $385,000 after acquiring an additional 79 shares during the period. Deseret Mutual Benefit Administrators increased its stake in EOG Resources by 8.8% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 989 shares of the energy exploration company’s stock worth $121,000 after acquiring an additional 80 shares during the last quarter. 1ST Source Bank raised its holdings in shares of EOG Resources by 1.5% in the 4th quarter. 1ST Source Bank now owns 5,349 shares of the energy exploration company’s stock worth $656,000 after purchasing an additional 80 shares during the period. Finally, Penobscot Investment Management Company Inc. grew its holdings in shares of EOG Resources by 2.0% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 4,065 shares of the energy exploration company’s stock worth $498,000 after purchasing an additional 80 shares during the period. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

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.