Zacks Research Forecasts Stronger Earnings for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Equities research analysts at Zacks Research raised their FY2025 earnings per share estimates for EOG Resources in a report issued on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the energy exploration company will post earnings per share of $10.61 for the year, up from their previous estimate of $10.57. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q4 2025 earnings at $2.91 EPS, Q1 2026 earnings at $2.49 EPS, Q2 2026 earnings at $2.84 EPS, Q3 2026 earnings at $2.99 EPS and FY2026 earnings at $11.45 EPS.

Several other analysts also recently weighed in on the stock. Mizuho decreased 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 note on Monday, December 16th. Scotiabank lowered their target price on EOG Resources from $150.00 to $140.00 and set a “sector perform” rating for the company in a report on Thursday, October 10th. Benchmark restated a “hold” rating on shares of EOG Resources in a research note on Tuesday, November 12th. Raymond James upped their price objective on shares of EOG Resources from $156.00 to $167.00 and gave the stock a “strong-buy” rating in a research note on Thursday, November 21st. Finally, Barclays cut their target price on shares of EOG Resources from $144.00 to $137.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 3rd. Twelve research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, EOG Resources has an average rating of “Moderate Buy” and a consensus price target of $143.71.

EOG Resources Trading Up 2.4 %

EOG stock opened at $131.54 on Friday. EOG Resources has a 12 month low of $108.94 and a 12 month high of $139.67. The firm’s 50-day moving average is $127.97 and its 200 day moving average is $126.68. The company has a market capitalization of $73.98 billion, a PE ratio of 10.59, a P/E/G ratio of 3.37 and a beta of 1.29. 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 Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.96%. This is a boost from EOG Resources’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Friday, January 17th. EOG Resources’s payout ratio is presently 29.31%.

EOG Resources announced that its board has initiated a share repurchase plan on Thursday, November 7th that authorizes the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization authorizes the energy exploration company to buy up to 7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Activity

In other news, Director Janet F. Clark sold 568 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $135.33, for a total transaction of $76,867.44. Following the sale, the director now owns 43,532 shares of the company’s stock, valued at $5,891,185.56. This trade represents a 1.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Jeffrey R. Leitzell sold 4,000 shares of the business’s 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 completion of the transaction, the chief operating officer now owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. This represents a 8.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC acquired a new stake in shares of EOG Resources during the 3rd quarter valued at about $26,000. Eastern Bank purchased a new position in EOG Resources during the third quarter worth approximately $28,000. Capital Performance Advisors LLP acquired a new stake in EOG Resources in the third quarter valued at approximately $31,000. HM Payson & Co. increased its position in shares of EOG Resources by 203.7% in the third quarter. HM Payson & Co. now owns 328 shares of the energy exploration company’s stock valued at $40,000 after buying an additional 220 shares in the last quarter. Finally, Matrix Trust Co acquired a new position in shares of EOG Resources during the 3rd quarter worth approximately $43,000. 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.