Zacks Research Lifts Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Zacks Research upped their Q1 2027 earnings per share estimates for shares of EOG Resources in a research report issued to clients and investors on Monday, April 6th. Zacks Research analyst Team now forecasts that the energy exploration company will post earnings per share of $2.29 for the quarter, up from their previous estimate of $2.27. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q1 2028 earnings at $2.68 EPS and FY2028 earnings at $11.13 EPS.

EOG has been the topic of several other research reports. Royal Bank Of Canada set a $138.00 target price on EOG Resources and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Roth Mkm reissued a “neutral” rating and set a $110.00 target price on shares of EOG Resources in a research report on Wednesday, February 25th. KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Susquehanna cut their price target on EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a research report on Thursday, February 26th. Finally, Capital One Financial lifted their price target on EOG Resources from $130.00 to $161.00 and gave the stock an “overweight” rating in a research report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $145.11.

EOG Resources Price Performance

Shares of NYSE EOG opened at $143.02 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. EOG Resources has a fifty-two week low of $101.59 and a fifty-two week high of $151.87. The firm has a market capitalization of $76.62 billion, a PE ratio of 15.70, a price-to-earnings-growth ratio of 3.03 and a beta of 0.32. The stock’s 50-day simple moving average is $127.76 and its 200-day simple moving average is $114.86.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.07. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. During the same quarter last year, the company earned $2.74 EPS. The business’s quarterly revenue was up .9% on a year-over-year basis.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio (DPR) is 44.79%.

Insider Activity at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the transaction, the chief financial officer owned 100,246 shares in the company, valued at $14,038,449.84. This trade represents a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,230 shares of company stock worth $2,522,568 over the last quarter. Company insiders own 0.13% of the company’s stock.

Institutional Trading of EOG Resources

A number of institutional investors have recently modified their holdings of EOG. Acumen Wealth Advisors LLC purchased a new stake in shares of EOG Resources in the fourth quarter valued at approximately $25,000. Prosperity Bancshares Inc purchased a new stake in shares of EOG Resources in the fourth quarter valued at approximately $26,000. Nemes Rush Group LLC purchased a new stake in shares of EOG Resources in the fourth quarter valued at approximately $30,000. Gen Wealth Partners Inc purchased a new stake in shares of EOG Resources in the fourth quarter valued at approximately $30,000. Finally, JCIC Asset Management Inc. purchased a new stake in shares of EOG Resources in the third quarter valued at approximately $32,000. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

EOG Resources Company Profile

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.