Q2 EPS Estimates for EOG Resources Lifted by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Zacks Research raised their Q2 2026 earnings per share estimates for shares of EOG Resources in a research note issued to investors on Thursday, March 27th. Zacks Research analyst R. Department now expects that the energy exploration company will post earnings of $2.96 per share for the quarter, up from their previous forecast of $2.90. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q3 2026 earnings at $3.07 EPS, Q4 2026 earnings at $3.12 EPS, FY2026 earnings at $11.85 EPS and FY2027 earnings at $11.35 EPS.

EOG Resources (NYSE:EOG) last issued its earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.55 by $0.19. The business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.96 billion. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%.

A number of other brokerages also recently weighed in on EOG. Wolfe Research raised EOG Resources from a “peer perform” rating to an “outperform” rating and set a $143.00 price target on the stock in a research report on Friday, January 3rd. Barclays decreased their target price on EOG Resources from $146.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 18th. Mizuho reaffirmed a “neutral” rating and set a $140.00 price target (down previously from $148.00) on shares of EOG Resources in a report on Tuesday, March 25th. Truist Financial upped their price objective on shares of EOG Resources from $135.00 to $137.00 and gave the company a “hold” rating in a report on Monday, January 13th. Finally, Williams Trading set a $154.00 price objective on shares of EOG Resources in a research report on Wednesday, March 5th. Thirteen investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $144.67.

EOG Resources Stock Up 0.8 %

EOG Resources stock opened at $129.26 on Monday. EOG Resources has a fifty-two week low of $115.78 and a fifty-two week high of $139.67. The firm has a market capitalization of $71.60 billion, a PE ratio of 10.41, a P/E/G ratio of 3.58 and a beta of 1.25. The company’s 50-day moving average is $127.93 and its 200-day moving average is $127.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07.

EOG Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Wednesday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 34.73%.

Institutional Investors Weigh In On EOG Resources

A number of large investors have recently bought and sold shares of the company. Insight Inv LLC lifted its holdings in shares of EOG Resources by 0.8% during the 3rd quarter. Insight Inv LLC now owns 9,385 shares of the energy exploration company’s stock worth $1,154,000 after acquiring an additional 75 shares during the period. Essex Financial Services Inc. raised its position in EOG Resources by 1.3% during the fourth quarter. Essex Financial Services Inc. now owns 6,145 shares of the energy exploration company’s stock valued at $753,000 after purchasing an additional 79 shares in the last quarter. Valmark Advisers Inc. lifted its stake in EOG Resources by 2.6% during the fourth quarter. Valmark Advisers Inc. now owns 3,140 shares of the energy exploration company’s stock worth $385,000 after purchasing an additional 79 shares during the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in shares of EOG Resources by 8.8% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 989 shares of the energy exploration company’s stock valued at $121,000 after purchasing an additional 80 shares in the last quarter. Finally, 1ST Source Bank increased its stake in shares of EOG Resources by 1.5% in the 4th quarter. 1ST Source Bank now owns 5,349 shares of the energy exploration company’s stock valued at $656,000 after purchasing an additional 80 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

About EOG Resources

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.