Zacks Research Reduces Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Zacks Research dropped their Q2 2025 earnings estimates for shares of EOG Resources in a note issued to investors on Monday, June 16th. Zacks Research analyst R. Department now anticipates that the energy exploration company will post earnings per share of $2.24 for the quarter, down from their previous estimate of $2.26. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q3 2025 earnings at $2.17 EPS, FY2025 earnings at $9.87 EPS, Q2 2026 earnings at $2.56 EPS, Q4 2026 earnings at $3.09 EPS, FY2026 earnings at $10.79 EPS and Q1 2027 earnings at $2.39 EPS.

EOG Resources (NYSE:EOG) last issued its earnings results on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.75 by $0.12. The business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.92 billion. EOG Resources had a net margin of 26.14% and a return on equity of 22.35%. The business’s quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.82 earnings per share.

EOG has been the topic of several other research reports. Mizuho lowered their target price on shares of EOG Resources from $140.00 to $134.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Bank of America decreased their price objective on shares of EOG Resources from $125.00 to $124.00 and set a “neutral” rating on the stock in a report on Friday, May 23rd. Raymond James Financial boosted their price objective on shares of EOG Resources from $148.00 to $158.00 and gave the stock a “strong-buy” rating in a report on Monday, June 2nd. Jefferies Financial Group reissued a “buy” rating and set a $148.00 price objective (up previously from $144.00) on shares of EOG Resources in a report on Friday, June 13th. Finally, Stephens assumed coverage on shares of EOG Resources in a report on Tuesday. They set an “equal weight” rating and a $137.00 price objective on the stock. Twelve equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, EOG Resources currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.95.

EOG Resources Stock Up 1.2%

Shares of NYSE:EOG opened at $124.64 on Tuesday. The company has a market cap of $68.03 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 10.10 and a beta of 0.74. The firm’s 50-day simple moving average is $112.57 and its 200-day simple moving average is $121.70. The company has a quick ratio of 1.71, a current ratio of 1.87 and a debt-to-equity ratio of 0.12. EOG Resources has a fifty-two week low of $102.52 and a fifty-two week high of $138.18.

EOG Resources Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 17th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date is Friday, October 17th. This is a positive change from EOG Resources’s previous quarterly dividend of $0.98. EOG Resources’s payout ratio is currently 36.18%.

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The shares were 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 directly owns 47,732 shares in the company, valued at approximately $6,098,240.32. The trade was a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On EOG Resources

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in EOG Resources by 0.7% in the first quarter. Vanguard Group Inc. now owns 53,981,854 shares of the energy exploration company’s stock valued at $6,922,633,000 after purchasing an additional 348,895 shares during the period. Capital World Investors grew its holdings in EOG Resources by 5.2% in the fourth quarter. Capital World Investors now owns 45,919,327 shares of the energy exploration company’s stock valued at $5,628,497,000 after purchasing an additional 2,270,013 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in EOG Resources by 6.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 19,380,866 shares of the energy exploration company’s stock valued at $2,485,402,000 after purchasing an additional 1,188,552 shares during the period. Geode Capital Management LLC grew its holdings in EOG Resources by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 12,549,802 shares of the energy exploration company’s stock valued at $1,541,282,000 after purchasing an additional 234,067 shares during the period. Finally, Northern Trust Corp grew its holdings in EOG Resources by 6.3% in the first quarter. Northern Trust Corp now owns 6,077,928 shares of the energy exploration company’s stock valued at $779,433,000 after purchasing an additional 358,916 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.