Q1 EPS Estimates for EOG Resources Cut by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Stock analysts at Zacks Research cut their Q1 2026 EPS estimates for shares of EOG Resources in a report released on Tuesday, March 10th. Zacks Research analyst Team now anticipates that the energy exploration company will post earnings of $2.06 per share for the quarter, down from their previous estimate of $2.69. Zacks Research currently 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 posted its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.07. The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.74 earnings per share.

EOG has been the subject of a number of other reports. Roth Mkm reissued a “neutral” rating and issued a $110.00 target price on shares of EOG Resources in a report on Wednesday, February 25th. Citigroup reaffirmed a “neutral” rating and issued a $115.00 price target (down from $125.00) on shares of EOG Resources in a research note on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of EOG Resources in a research report on Thursday, January 22nd. Johnson Rice dropped their price objective on EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a research note on Friday, December 5th. Finally, Susquehanna cut their price objective on EOG Resources from $151.00 to $144.00 and set a “positive” rating for the company in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat, EOG Resources has an average rating of “Hold” and an average target price of $135.77.

EOG Resources Stock Up 3.7%

NYSE EOG opened at $132.57 on Thursday. EOG Resources has a 1-year low of $101.59 and a 1-year high of $134.36. The company has a market capitalization of $71.12 billion, a price-to-earnings ratio of 14.55 and a beta of 0.44. The stock’s 50 day moving average is $115.32 and its two-hundred day moving average is $112.36. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27.

Hedge Funds Weigh In On EOG Resources

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Capital World Investors grew its holdings in shares of EOG Resources by 1.4% during the third quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after purchasing an additional 782,426 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of EOG Resources by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after buying an additional 446,341 shares during the last quarter. State Street Corp raised its holdings in shares of EOG Resources by 0.3% in the fourth quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock valued at $3,209,365,000 after buying an additional 100,080 shares during the last quarter. Capital Research Global Investors lifted its position in EOG Resources by 0.5% during the 3rd quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock worth $2,794,784,000 after buying an additional 122,486 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in EOG Resources by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock worth $2,099,028,000 after acquiring an additional 371,548 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total transaction of $260,000.00. Following the completion of the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at $11,445,850. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 7,774 shares of company stock worth $945,895. 0.13% of the stock is owned by corporate insiders.

EOG Resources Dividend Announcement

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

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.