EOG Resources Q1 EPS Estimate Increased by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Zacks Research increased their Q1 2026 earnings estimates for shares of EOG Resources in a report released on Wednesday, February 11th. Zacks Research analyst Team now anticipates that the energy exploration company will post earnings of $2.69 per share for the quarter, up from their previous estimate of $2.45. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q2 2026 earnings at $2.10 EPS, Q4 2026 earnings at $1.83 EPS, Q3 2027 earnings at $2.38 EPS, Q4 2027 earnings at $2.16 EPS and FY2027 earnings at $9.31 EPS.

Other equities analysts also recently issued reports about the company. Capital One Financial reduced their target price on EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Susquehanna dropped their price objective on shares of EOG Resources from $161.00 to $151.00 and set a “positive” rating for the company in a research note on Monday, January 26th. BMO Capital Markets cut their price objective on shares of EOG Resources from $126.00 to $120.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Morgan Stanley set a $128.00 target price on shares of EOG Resources and gave the company an “equal weight” rating in a report on Friday, January 23rd. Finally, KeyCorp lowered shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, EOG Resources currently has an average rating of “Hold” and an average target price of $134.15.

EOG Resources Price Performance

EOG stock opened at $120.85 on Friday. The stock has a market capitalization of $65.57 billion, a price-to-earnings ratio of 12.04 and a beta of 0.49. The company has a quick ratio of 1.43, a current ratio of 1.62 and a debt-to-equity ratio of 0.25. EOG Resources has a 52-week low of $101.59 and a 52-week high of $135.87. The stock’s fifty day simple moving average is $108.05 and its 200-day simple moving average is $111.49.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the completion of the sale, the chief operating officer owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. This represents a 3.51% decrease in their position. 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

Several institutional investors have recently bought and sold shares of the business. Hemington Wealth Management lifted its holdings in shares of EOG Resources by 7.2% during the 3rd quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock valued at $155,000 after acquiring an additional 93 shares in the last quarter. Bollard Group LLC raised its position in EOG Resources by 0.8% in the third quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock valued at $1,317,000 after purchasing an additional 93 shares during the period. apricus wealth LLC lifted its stake in shares of EOG Resources by 5.0% during the third quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock worth $224,000 after purchasing an additional 95 shares in the last quarter. Sowell Financial Services LLC lifted its stake in shares of EOG Resources by 1.6% during the third quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock worth $699,000 after purchasing an additional 96 shares in the last quarter. Finally, Hardy Reed LLC boosted its position in shares of EOG Resources by 4.5% in the third quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after buying an additional 97 shares during the period. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

EOG Resources News Summary

Here are the key news stories impacting EOG Resources this week:

• Positive Sentiment: Stephens raised its price target to $139 (from $138) and kept an “equal weight” rating — a headline that likely supported buying interest by signaling ~15% upside vs. the current price. Read More. Read More.
• Positive Sentiment: Zacks Research increased its Q1 2026 EPS estimate to $2.69 (from $2.45), a small upward revision that could temper short‑term downside if results track that beat. Read More.
• Positive Sentiment: Zacks also nudged Q2 2026 EPS to $2.10 (from $2.06), another modest upward tweak. Read More.
• Negative Sentiment: Zacks cut multiple quarterly and annual forecasts across 2025–2027 (examples: Q4 2026 to $1.83 from $2.06; Q3/Q4 2027 cuts; FY2027 lowered to $9.31 from $10.41), signaling lower expected earnings and potentially pressuring valuation multiples. Read More.
• Negative Sentiment: Zacks Research currently carries a “Strong Sell” rating on EOG — a notable negative signal that may limit enthusiasm from institutional investors despite the price‑target tweak by Stephens. Read More.

About EOG Resources

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.