EOG Resources, Inc. (NYSE:EOG – Free Report) – Investment analysts at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for shares of EOG Resources in a report released on Monday, September 29th. Zacks Research analyst Team now anticipates that the energy exploration company will post earnings per share of $11.30 for the year, up from their previous estimate 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.
A number of other brokerages have also recently commented on EOG. Mizuho dropped their price objective on shares of EOG Resources from $140.00 to $133.00 and set a “neutral” rating on the stock in a research note on Monday, September 15th. Jefferies Financial Group restated a “buy” rating and set a $148.00 price target (up previously from $144.00) on shares of EOG Resources in a research report on Friday, June 13th. Roth Capital cut shares of EOG Resources from a “buy” rating to a “neutral” rating and cut their price objective for the company from $140.00 to $134.00 in a report on Wednesday, July 9th. JPMorgan Chase & Co. lowered their target price on shares of EOG Resources from $132.00 to $131.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Melius Research started coverage on EOG Resources in a research note on Wednesday, August 20th. They issued a “buy” rating and a $173.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, EOG Resources has a consensus rating of “Hold” and a consensus price target of $143.36.
EOG Resources Trading Down 0.7%
Shares of NYSE:EOG opened at $111.28 on Wednesday. EOG Resources has a 12-month low of $102.52 and a 12-month high of $138.18. The company has a market capitalization of $60.76 billion, a PE ratio of 10.81, a PEG ratio of 8.61 and a beta of 0.74. The business has a 50 day moving average of $118.79 and a two-hundred day moving average of $117.44. The company has a current ratio of 1.79, a quick ratio of 1.61 and a debt-to-equity ratio of 0.12.
EOG Resources (NYSE:EOG – Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.18. The business had revenue of $5.48 billion during the quarter, compared to analysts’ expectations of $5.45 billion. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The company’s revenue for the quarter was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.16 EPS.
Institutional Investors Weigh In On EOG Resources
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of 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 worth $6,922,633,000 after acquiring an additional 348,895 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in EOG Resources by 6.5% in the 1st 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 in the last quarter. Alliancebernstein L.P. lifted its holdings in EOG Resources by 4.2% in the 2nd quarter. Alliancebernstein L.P. now owns 6,159,281 shares of the energy exploration company’s stock valued at $736,712,000 after purchasing an additional 249,984 shares in the last quarter. Northern Trust Corp boosted its stake in EOG Resources by 6.3% during the 1st quarter. Northern Trust Corp now owns 6,077,928 shares of the energy exploration company’s stock worth $779,433,000 after purchasing an additional 358,916 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of EOG Resources by 1.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,530,260 shares of the energy exploration company’s stock worth $709,201,000 after buying an additional 60,454 shares in the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.
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.
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