Q2 EPS Estimates for EOG Resources Boosted by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Zacks Research boosted their Q2 2026 EPS estimates for shares of EOG Resources in a report released on Thursday, March 27th. Zacks Research analyst R. Department now forecasts that the energy exploration company will post earnings per share of $2.96 for the quarter, up from their previous estimate 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 quarterly earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, topping 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 company had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.96 billion.

Other equities analysts also recently issued reports about the company. Benchmark reissued a “hold” rating on shares of EOG Resources in a research report on Monday, January 13th. Wolfe Research upgraded shares of EOG Resources from a “peer perform” rating to an “outperform” rating and set a $143.00 price target for the company in a report on Friday, January 3rd. Barclays dropped their price objective on shares of EOG Resources from $146.00 to $144.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 18th. Mizuho reiterated a “neutral” rating and set a $140.00 target price (down previously from $148.00) on shares of EOG Resources in a research note on Tuesday, March 25th. Finally, Piper Sandler dropped their target price on EOG Resources from $141.00 to $135.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. Thirteen investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $144.67.

EOG Resources Trading Down 0.1 %

NYSE:EOG opened at $126.55 on Monday. The stock has a fifty day moving average price of $128.23 and a 200 day moving average price of $127.78. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. EOG Resources has a 12-month low of $115.78 and a 12-month high of $139.67. The firm has a market cap of $70.10 billion, a PE ratio of 10.19, a price-to-earnings-growth ratio of 3.58 and a beta of 1.25.

EOG Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.975 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.08%. EOG Resources’s dividend payout ratio (DPR) is 34.73%.

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was 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 approximately $5,162,365.67. The trade was a 8.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Townsquare Capital LLC lifted its stake in shares of EOG Resources by 15.5% in the third quarter. Townsquare Capital LLC now owns 18,811 shares of the energy exploration company’s stock valued at $2,312,000 after purchasing an additional 2,521 shares during the period. Edgestream Partners L.P. acquired a new stake in shares of EOG Resources during the 3rd quarter valued at approximately $1,410,000. FSA Wealth Management LLC purchased a new stake in shares of EOG Resources during the 3rd quarter worth approximately $59,000. Benjamin Edwards Inc. grew its holdings in shares of EOG Resources by 2,590.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 302,504 shares of the energy exploration company’s stock worth $37,190,000 after acquiring an additional 291,262 shares during the period. Finally, Community Bank N.A. increased its stake in EOG Resources by 11.6% in the 3rd quarter. Community Bank N.A. now owns 11,362 shares of the energy exploration company’s stock valued at $1,397,000 after purchasing an additional 1,183 shares in the last quarter. Institutional investors and hedge funds 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.