Zacks Research Forecasts Higher Earnings for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Zacks Research boosted their FY2025 earnings estimates for EOG Resources in a research report issued to clients and investors on Wednesday, January 15th. Zacks Research analyst R. Department now forecasts that the energy exploration company will post earnings of $10.95 per share for the year, up from their previous estimate of $10.61. The consensus estimate for EOG Resources’ current full-year earnings is $11.40 per share. Zacks Research also issued estimates for EOG Resources’ Q4 2025 earnings at $2.98 EPS.

Several other research firms have also issued reports on EOG. Barclays decreased their price target 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. Mizuho decreased their target price on EOG Resources from $156.00 to $148.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. StockNews.com raised EOG Resources from a “hold” rating to a “buy” rating in a report on Saturday, January 11th. Evercore ISI decreased their price target on EOG Resources from $150.00 to $145.00 and set an “outperform” rating for the company in a research report on Monday, September 30th. Finally, KeyCorp cut their price objective on EOG Resources from $157.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, October 16th. Thirteen equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $143.48.

EOG Resources Stock Performance

Shares of EOG opened at $136.70 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. The firm’s 50 day moving average is $128.91 and its 200-day moving average is $126.99. EOG Resources has a 12-month low of $108.94 and a 12-month high of $139.67. The stock has a market capitalization of $76.89 billion, a P/E ratio of 11.01, a P/E/G ratio of 3.63 and a beta of 1.29.

Institutional Trading of EOG Resources

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwest Investment Counselors LLC acquired a new position in shares of EOG Resources during the third quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new position in EOG Resources during the fourth quarter worth $27,000. Eastern Bank acquired a new position in EOG Resources during the 3rd quarter valued at $28,000. Capital Performance Advisors LLP bought a new stake in EOG Resources in the 3rd quarter valued at $31,000. Finally, HM Payson & Co. grew its position in EOG Resources by 203.7% in the 3rd quarter. HM Payson & Co. now owns 328 shares of the energy exploration company’s stock worth $40,000 after purchasing an additional 220 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insiders Place Their Bets

In related news, Director Janet F. Clark sold 568 shares of EOG Resources stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $135.33, for a total value of $76,867.44. Following the transaction, the director now owns 43,532 shares in the company, valued at $5,891,185.56. This trade represents a 1.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 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 directly owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. This represents a 8.56 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.

EOG Resources declared that its Board of Directors has approved a share buyback plan on Thursday, November 7th that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the energy exploration company to reacquire up to 7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

EOG Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a dividend of $0.975 per share. This is a positive change from EOG Resources’s previous quarterly dividend of $0.91. This represents a $3.90 annualized dividend and a yield of 2.85%. The ex-dividend date is Friday, January 17th. EOG Resources’s dividend payout ratio (DPR) is 29.31%.

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.