Brokers Set Expectations for EOG Resources FY2026 Earnings

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Scotiabank lifted their FY2026 EPS estimates for EOG Resources in a research report issued on Thursday, May 14th. Scotiabank analyst B. Zhang now expects that the energy exploration company will post earnings of $16.40 per share for the year, up from their prior forecast of $15.65. Scotiabank currently has a “Sector Perform” rating and a $139.00 price target on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $14.76 per share. Scotiabank also issued estimates for EOG Resources’ FY2027 earnings at $15.05 EPS.

A number of other equities research analysts have also recently commented on EOG. Weiss Ratings raised EOG Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Roth Mkm reissued a “neutral” rating and issued a $136.00 target price on shares of EOG Resources in a research note on Wednesday, May 6th. Zacks Research upgraded EOG Resources from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. KeyCorp cut EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Finally, Williams Trading set a $177.00 price target on shares of EOG Resources in a research report on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and sixteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.21.

EOG Resources Stock Performance

Shares of EOG Resources stock opened at $135.83 on Friday. The firm has a fifty day moving average of $136.54 and a two-hundred day moving average of $119.27. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72. The stock has a market capitalization of $72.35 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 1.68 and a beta of 0.27. EOG Resources has a 52 week low of $101.59 and a 52 week high of $151.87.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm had revenue of $6.92 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same period last year, the firm earned $2.87 earnings per share. The business’s revenue for the quarter was up 22.1% on a year-over-year basis.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio is presently 40.16%.

Insider Buying and Selling

In other news, CFO Ann D. Janssen sold 4,161 shares of the stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the sale, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 18,230 shares of company stock valued at $2,522,568. 0.14% of the stock is owned by company insiders.

Hedge Funds Weigh In On EOG Resources

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership raised its stake in shares of EOG Resources by 898.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,420,839 shares of the energy exploration company’s stock valued at $205,411,000 after purchasing an additional 1,278,555 shares during the period. Franklin Resources Inc. boosted its position in shares of EOG Resources by 24.2% during the fourth quarter. Franklin Resources Inc. now owns 6,443,453 shares of the energy exploration company’s stock worth $676,627,000 after buying an additional 1,257,110 shares during the period. First Trust Advisors LP grew its holdings in shares of EOG Resources by 70.5% during the fourth quarter. First Trust Advisors LP now owns 2,977,912 shares of the energy exploration company’s stock worth $312,711,000 after buying an additional 1,231,366 shares in the last quarter. Marshall Wace LLP raised its position in EOG Resources by 474.7% in the 4th quarter. Marshall Wace LLP now owns 1,318,254 shares of the energy exploration company’s stock valued at $138,430,000 after buying an additional 1,088,867 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in EOG Resources by 23.9% in the 4th quarter. Bank of New York Mellon Corp now owns 4,669,969 shares of the energy exploration company’s stock valued at $490,394,000 after buying an additional 901,897 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

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.