Q1 EPS Estimates for EOG Resources Cut by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Zacks Research lowered their Q1 2026 EPS estimates for shares of EOG Resources in a report issued on Tuesday, March 10th. Zacks Research analyst Team now expects that the energy exploration company will earn $2.06 per share for the quarter, down from their prior estimate of $2.69. Zacks Research has a “Hold” 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 $1.62 EPS, Q4 2026 earnings at $1.86 EPS, FY2026 earnings at $7.56 EPS, Q1 2027 earnings at $1.82 EPS, Q3 2027 earnings at $2.48 EPS and Q4 2027 earnings at $2.71 EPS.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The firm had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.74 earnings per share.

A number of other equities research analysts have also commented on EOG. The Goldman Sachs Group dropped their target price on EOG Resources from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Wolfe Research lifted their price objective on shares of EOG Resources from $140.00 to $152.00 in a research note on Monday. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $126.00 price objective (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. UBS Group raised their target price on shares of EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Johnson Rice decreased their target price on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $136.42.

EOG Resources Stock Up 0.4%

EOG Resources stock opened at $133.09 on Thursday. The business’s 50-day simple moving average is $115.88 and its two-hundred day simple moving average is $112.51. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. The company has a market cap of $71.40 billion, a PE ratio of 14.61 and a beta of 0.44. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $136.14.

Hedge Funds Weigh In On EOG Resources

Large investors have recently bought and sold shares of the business. Acumen Wealth Advisors LLC acquired a new stake in EOG Resources in the 4th quarter valued at $25,000. Prosperity Bancshares Inc acquired a new stake in shares of EOG Resources in the fourth quarter valued at about $26,000. Nemes Rush Group LLC purchased a new stake in shares of EOG Resources during the fourth quarter worth about $30,000. Gen Wealth Partners Inc acquired a new position in shares of EOG Resources during the 4th quarter worth about $30,000. Finally, JCIC Asset Management Inc. acquired a new position in shares of EOG Resources during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the transaction, the chief operating officer owned 61,481 shares in the company, valued at approximately $7,685,125. This represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 7,774 shares of company stock valued at $945,895 over the last three months. 0.13% of the stock is currently owned by insiders.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. EOG Resources’s payout ratio is presently 44.79%.

Key EOG Resources News

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

• Positive Sentiment: Piper Sandler raised its price target to $144 (neutral rating), signaling incremental upside vs. the market and supporting today’s buying interest. Benzinga
• Positive Sentiment: Reuters/Yahoo reports that EOG beat Q4 profit projections thanks to solid production (≈1.40 MMboe/d in Q4) and higher natural gas prices — fundamentals that boost near‑term cash flow and justify higher analyst targets. EOG Surpasses Profit Projections
• Positive Sentiment: Wolfe Research raised its price target to $152, a bullish signal that likely contributed to recent upside and a new 12‑month high following the upgrade. Wolfe Research Raises PT
• Neutral Sentiment: Zacks issued a series of mixed estimate revisions — raising some mid/late‑cycle quarter estimates (e.g., Q3/Q4 2027, Q4 2026) while keeping a “Hold” rating, which suggests analysts see solid longer‑run cash generation but are cautious on near‑term visibility.
• Negative Sentiment: Zacks cut several near‑term estimates (Q1 and Q2 2026) and materially lowered FY2026 EPS from prior levels (to $7.56), which is a negative signal for short‑term earnings expectations and could cap further multiple expansion if sustained.

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.