Q1 EPS Estimates for EOG Resources Increased by Analyst

EOG Resources, Inc. (NYSE:EOG) – Equities research analysts at Zacks Research raised their Q1 2027 earnings per share (EPS) estimates for EOG Resources in a research note issued to investors on Monday, April 6th. Zacks Research analyst Team now anticipates that the energy exploration company will post earnings of $2.29 per share for the quarter, up from their prior forecast of $2.27. 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’ Q1 2028 earnings at $2.68 EPS and FY2028 earnings at $11.13 EPS.

EOG Resources (NYSE:EOG) last released its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.07. The firm had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.EOG Resources’s 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 brokerages have also recently weighed in on EOG. Susquehanna dropped their price target on EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a research note on Thursday, February 26th. Stephens lifted their price target on EOG Resources from $139.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 31st. KeyCorp cut EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Sanford C. Bernstein reissued a “market perform” rating and issued a $126.00 price target (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. Finally, Capital One Financial lifted their price target on EOG Resources from $130.00 to $161.00 and gave the stock an “overweight” rating in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $145.11.

EOG Resources Price Performance

NYSE:EOG opened at $144.31 on Tuesday. The business’s 50-day moving average price is $128.48 and its 200 day moving average price is $115.06. The firm has a market cap of $77.31 billion, a P/E ratio of 15.84, a PEG ratio of 3.03 and a beta of 0.32. EOG Resources has a 52-week low of $101.59 and a 52-week high of $151.87. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27.

Institutional Investors Weigh In On EOG Resources

A number of institutional investors have recently bought and sold shares of the business. Cullen Capital Management LLC lifted its holdings in shares of EOG Resources by 4.7% during the 2nd quarter. Cullen Capital Management LLC now owns 576,470 shares of the energy exploration company’s stock valued at $68,952,000 after buying an additional 25,753 shares during the last quarter. Rockland Trust Co. lifted its holdings in shares of EOG Resources by 5.1% during the 3rd quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock valued at $27,618,000 after buying an additional 11,965 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of EOG Resources by 2.1% during the 3rd quarter. Legal & General Group Plc now owns 3,394,236 shares of the energy exploration company’s stock valued at $380,562,000 after buying an additional 68,888 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of EOG Resources by 21.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock valued at $7,380,000 after buying an additional 11,442 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings in shares of EOG Resources by 1,413.5% during the 3rd quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock valued at $2,863,000 after buying an additional 23,846 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at EOG Resources

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the sale, the chief operating officer owned 88,045 shares of the company’s stock, valued at $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,230 shares of company stock valued at $2,522,568 over the last 90 days. Corporate insiders own 0.14% of the company’s stock.

EOG Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. The ex-dividend date is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a yield of 2.8%. EOG Resources’s dividend payout ratio (DPR) is presently 44.79%.

EOG Resources News Roundup

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

• Positive Sentiment: KeyCorp materially raised EPS forecasts across quarters and years (large upward revisions to Q1–Q4 2026, FY2026 to $15.92, and FY2027 to $15.27), signaling a stronger earnings outlook that supports higher valuation and potential shareholder returns. (Research note summary)
• Positive Sentiment: Wolfe Research raised its price target to $154 and maintained an “outperform” rating — a direct vote of confidence that implies upside from current levels and can attract momentum buyers. Wolfe Research Adjusts Price Target on EOG Resources to $154
• Positive Sentiment: Zacks and other outlets highlight momentum themes — oil above $100, low-cost assets and large recent cash returns — supporting near‑term free cash flow and continued buybacks/dividends, which are positive for investor returns. See Zacks coverage for context. Can EOG Continue Its Robust Capital Returns to Shareholders?
• Neutral Sentiment: Zacks Research made modest upward tweaks to some future EPS (Q1 2028, Q1 2027, FY2028) but keeps a “Hold” view — useful for modeling but not a strong buy/sell signal on its own. (Research note summary)
• Neutral Sentiment: Comparative coverage places EOG against peers (e.g., Coterra) to show relative strengths/weaknesses; helpful for portfolio allocation but not an immediate catalyst. Coterra Energy & EOG Resources Head to Head Contrast
• Negative Sentiment: Some Zacks pieces flag risks — slim reserve additions and sustainability of returns even with attractive cash flows — which could cap upside and increase volatility if oil prices pull back. Oil Above $110, EOG Up 36% YTD: Is the Stock Still a Buy?
• Neutral Sentiment: Broader sector note: Occidental (OXY) has outperformed peers over the past year, underscoring competitive and valuation dynamics in the Permian — a contextual factor for EOG but not an immediate company‑specific catalyst. Occidental Outperforms Industry in the Past Year

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.