FY2025 EPS Estimate for EOG Resources Decreased by Analyst

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Scotiabank reduced their FY2025 earnings estimates for EOG Resources in a research report issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now expects that the energy exploration company will post earnings per share of $10.80 for the year, down from their prior estimate of $11.95. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Scotiabank also issued estimates for EOG Resources’ FY2026 earnings at $11.65 EPS.

EOG has been the subject of a number of other research reports. Royal Bank of Canada raised shares of EOG Resources from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $150.00 to $155.00 in a research note on Wednesday, February 12th. Citigroup reduced their price target on shares of EOG Resources from $134.00 to $125.00 and set a “neutral” rating for the company in a research report on Monday, March 17th. Wells Fargo & Company reduced their price target on shares of EOG Resources from $150.00 to $146.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Williams Trading set a $154.00 price target on shares of EOG Resources in a research report on Wednesday, March 5th. Finally, Mizuho reduced their price target on shares of EOG Resources from $156.00 to $148.00 and set an “outperform” rating for the company in a research report on Monday, December 16th. Twelve research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, EOG Resources presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.33.

EOG Resources Price Performance

Shares of NYSE EOG opened at $124.91 on Monday. EOG Resources has a fifty-two week low of $115.78 and a fifty-two week high of $139.67. The company has a 50 day simple moving average of $129.11 and a two-hundred day simple moving average of $127.51. The company has a market capitalization of $69.19 billion, a price-to-earnings ratio of 10.06, a P/E/G ratio of 3.58 and a beta of 1.25. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31.

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

EOG Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Wednesday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 34.73%.

Insider Transactions at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of EOG Resources stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $120.89, for a total transaction of $483,560.00. Following the transaction, the chief operating officer now owns 42,703 shares in the company, valued at $5,162,365.67. This trade represents a 8.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EOG. Financial Life Planners purchased a new position in shares of EOG Resources during the 4th quarter worth $25,000. Y.D. More Investments Ltd boosted its stake in shares of EOG Resources by 149.4% during the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock worth $25,000 after acquiring an additional 121 shares during the last quarter. Mainstream Capital Management LLC purchased a new position in shares of EOG Resources during the 4th quarter valued at $25,000. Decker Retirement Planning Inc. bought a new position in EOG Resources in the 4th quarter worth $27,000. Finally, Keystone Financial Group Inc. bought a new position in EOG Resources in the 4th quarter worth $27,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

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.