EOG Resources, Inc. (NYSE:EOG – Free Report) – Stock analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) 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 earn $2.50 per share for the quarter, down from their previous forecast of $2.51. Zacks Research 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’ Q4 2026 earnings at $2.15 EPS, FY2026 earnings at $9.78 EPS, Q2 2027 earnings at $2.18 EPS, Q3 2027 earnings at $2.40 EPS, Q4 2027 earnings at $2.40 EPS and FY2027 earnings at $9.27 EPS.
EOG has been the subject of several other reports. Capital One Financial increased their target price on EOG Resources from $130.00 to $161.00 and gave the company an “overweight” rating in a report on Thursday, March 26th. Sanford C. Bernstein restated a “market perform” rating and set a $126.00 target price (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. Scotiabank upgraded EOG Resources to a “hold” rating in a report on Friday, March 27th. Truist Financial began coverage on EOG Resources in a report on Tuesday, March 24th. They set a “hold” rating and a $146.00 target price for the company. Finally, Raymond James Financial upped their price target on EOG Resources from $157.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $145.11.
EOG Resources Trading Up 0.9%
Shares of EOG stock opened at $144.31 on Wednesday. The stock has a market capitalization of $77.31 billion, a PE ratio of 15.84, a P/E/G ratio of 3.03 and a beta of 0.32. EOG Resources has a 1-year low of $101.59 and a 1-year high of $151.87. The business has a 50-day moving average of $128.48 and a 200 day moving average of $115.06. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42.
EOG Resources (NYSE:EOG – Get Free Report) last issued its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.07. The company had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.EOG Resources’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.74 EPS.
EOG Resources Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a yield of 2.8%. EOG Resources’s dividend payout ratio is presently 44.79%.
Insider Buying and Selling
In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at $14,038,449.84. This represents a 3.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The shares were 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 of the company’s stock, valued at $13,234,924.40. The trade was a 6.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,230 shares of company stock valued at $2,522,568 in the last ninety days. 0.14% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in EOG. Acumen Wealth Advisors LLC bought a new stake in shares of EOG Resources during the fourth quarter valued at approximately $25,000. Prosperity Bancshares Inc bought a new stake in shares of EOG Resources during the fourth quarter valued at approximately $26,000. JCIC Asset Management Inc. bought a new stake in shares of EOG Resources during the third quarter valued at approximately $32,000. Gen Wealth Partners Inc bought a new stake in shares of EOG Resources during the fourth quarter valued at approximately $30,000. Finally, Nemes Rush Group LLC bought a new stake in shares of EOG Resources during the fourth quarter valued at approximately $30,000. Institutional investors own 89.91% of the company’s stock.
Trending Headlines about EOG Resources
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Wolfe Research bumped its price target to $154 and kept an Outperform rating — a clear near-term catalyst that supports upside vs. the current share level. Wolfe Research Increases EOG Resources (NYSE:EOG) Price Target to $154.00
- Positive Sentiment: KeyCorp materially raised EPS forecasts across 2026–2027 (quarterly and full-year lifts), implying stronger expected earnings power and higher cash flow than previously modeled — supportive for valuation and dividend/capital return capacity. MarketBeat EOG coverage (KeyCorp estimate changes)
- Positive Sentiment: Zacks coverage emphasizes EOG’s momentum, ability to benefit from oil >$110, robust capital returns (~$14B returned) and targets for higher free cash flow — factors that support investor appetite and buy-side interest. Can EOG Continue Its Robust Capital Returns to Shareholders?
- Neutral Sentiment: Several comparator/peer head-to-head pieces (USEG, CTRA, OXY) discuss relative positioning in the sector — useful for portfolio context but not direct company-specific news. Head-To-Head Survey: U.S. Energy vs. EOG Resources
- Neutral Sentiment: Coverage on Occidental’s strong performance this year highlights competitive dynamics in the Permian and broader sector — can influence peer multiples but is not an EOG-specific development. Occidental Outperforms Industry in the Past Year
- Negative Sentiment: Some analysts warn of risks despite strong YTD gains (EOG up ~36% YTD): slim reserve replacement, commodity volatility and the sustainability of returns could cap upside or increase downside on a price pullback. Oil Above $110, EOG Up 36% YTD: Is the Stock Still a Buy?
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.
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