EOG Resources, Inc. (NYSE:EOG – Free Report) – Analysts at KeyCorp lifted their Q1 2026 earnings estimates for shares of EOG Resources in a research note issued to investors on Wednesday, April 1st. KeyCorp analyst T. Rezvan now forecasts that the energy exploration company will post earnings per share of $3.23 for the quarter, up from their previous estimate of $2.50. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. KeyCorp also issued estimates for EOG Resources’ Q2 2026 earnings at $4.47 EPS, Q3 2026 earnings at $4.21 EPS, Q4 2026 earnings at $4.03 EPS, FY2026 earnings at $15.92 EPS, Q1 2027 earnings at $3.87 EPS, Q2 2027 earnings at $3.78 EPS, Q3 2027 earnings at $3.74 EPS, Q4 2027 earnings at $3.88 EPS and FY2027 earnings at $15.27 EPS.
EOG Resources (NYSE:EOG – Get Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.36 billion. During the same period last year, the firm earned $2.74 EPS. The business’s quarterly revenue was up .9% compared to the same quarter last year.
EOG Resources Price Performance
NYSE:EOG traded up $2.26 during trading hours on Tuesday, hitting $145.31. The stock had a trading volume of 1,646,261 shares, compared to its average volume of 5,267,663. The company has a 50 day simple moving average of $127.76 and a two-hundred day simple moving average of $114.86. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42. EOG Resources has a one year low of $101.59 and a one year high of $151.87. The firm has a market capitalization of $77.84 billion, a price-to-earnings ratio of 15.95, a P/E/G ratio of 3.03 and a beta of 0.32.
Hedge Funds Weigh In On EOG Resources
A number of large investors have recently added to or reduced their stakes in the business. Purpose Unlimited Inc. purchased a new position in EOG Resources in the 4th quarter worth $471,000. Rockefeller Capital Management L.P. raised its position in EOG Resources by 31.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 803,738 shares of the energy exploration company’s stock worth $84,401,000 after purchasing an additional 194,031 shares during the period. Larry Mathis Financial Planning LLC purchased a new position in EOG Resources in the 4th quarter worth $286,000. Union Savings Bank purchased a new position in EOG Resources in the 4th quarter worth $326,000. Finally, Hsbc Holdings PLC raised its position in EOG Resources by 34.6% in the 4th quarter. Hsbc Holdings PLC now owns 1,956,432 shares of the energy exploration company’s stock worth $205,387,000 after purchasing an additional 502,667 shares during the period. Hedge funds and other institutional investors own 89.91% of the company’s stock.
Insider Buying and Selling at EOG Resources
In other news, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the sale, the chief financial officer 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total transaction of $856,523.36. Following the sale, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 18,230 shares of company stock worth $2,522,568. Corporate insiders own 0.13% of the company’s stock.
EOG Resources Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders 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 annualized dividend and a dividend yield of 2.8%. EOG Resources’s dividend payout ratio (DPR) is 44.79%.
Trending Headlines about EOG Resources
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Wolfe Research raised its price target to $154 and kept an “outperform” rating, reinforcing buy-side momentum and providing near-term upside visibility. Wolfe Research Adjusts Price Target on EOG Resources to $154
- Positive Sentiment: Zacks highlights EOG’s strong capital-return program (about $14B returned) and management targets up to $18B of free cash flow by 2028, supporting continued buybacks/dividends and underpinning the stock. Can EOG Continue Its Robust Capital Returns to Shareholders?
- Positive Sentiment: Zacks notes EOG is well positioned to benefit from oil >$100 — low-cost assets boost cash flow, funding projects and strengthening the balance sheet. That exposure to higher oil supports earnings/cashflow upside. Will EOG be Able to Bank on the Ongoing Strength in Crude Prices?
- Positive Sentiment: Zacks argues EOG has the setup to beat earnings again (history of surprises + current tailwinds), which can drive short-term upside around results. Why EOG Resources (EOG) is Poised to Beat Earnings Estimates Again
- Positive Sentiment: Zacks style scores flag EOG as a strong momentum stock — technical and relative-strength conditions can attract momentum-focused flows. Here’s Why EOG Resources (EOG) is a Strong Momentum Stock
- Neutral Sentiment: Zacks Research nudged up Q1 2027 and Q1 2028 EPS and lifted FY2028 estimates modestly (while retaining a “Hold”), signaling small fundamental upgrades but not a consensus rating upgrade. EOG Research Note / Estimates
- Neutral Sentiment: A sector comparison piece contrasts EOG with Coterra (CTRA); useful for peer context but not a direct catalyst. Coterra Energy & EOG Resources Head to Head Contrast
- Negative Sentiment: Zacks flags risks despite the rally: EOG’s 36% YTD move and management’s heavy free-cash returns raise questions about reserve replacement and long-term production sustainability — a potential constraint on forward valuation. Oil Above $110, EOG Up 36% YTD: Is the Stock Still a Buy?
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.
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