Zacks Research Lowers Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Investment analysts at Zacks Research lowered their Q2 2027 EPS estimates for EOG Resources in a note issued to investors on Thursday, March 12th. Zacks Research analyst Team now expects that the energy exploration company will earn $2.15 per share for the quarter, down from their prior forecast of $2.18. 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’ FY2028 earnings at $10.95 EPS.

Other equities analysts also recently issued research reports about the company. UBS Group lifted their price objective on EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Wolfe Research raised their price objective on shares of EOG Resources from $140.00 to $152.00 in a research report on Monday. Royal Bank Of Canada set a $138.00 price target on shares of EOG Resources and gave the company an “outperform” rating in a research note on Tuesday, January 13th. Barclays dropped their price target on shares of EOG Resources from $136.00 to $133.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 21st. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $126.00 price target (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $136.42.

EOG Resources Price Performance

Shares of EOG Resources stock traded up $0.72 on Friday, hitting $133.76. 293,580 shares of the company were exchanged, compared to its average volume of 5,291,826. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average price of $115.88 and a 200 day moving average price of $112.51. The stock has a market capitalization of $71.76 billion, a price-to-earnings ratio of 14.66 and a beta of 0.44. EOG Resources has a 1-year low of $101.59 and a 1-year high of $136.14.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sivia Capital Partners LLC purchased a new position in EOG Resources in the 2nd quarter valued at approximately $258,000. Vestmark Advisory Solutions Inc. raised its stake in shares of EOG Resources by 54.3% in the second quarter. Vestmark Advisory Solutions Inc. now owns 3,096 shares of the energy exploration company’s stock valued at $370,000 after acquiring an additional 1,089 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in EOG Resources by 45.0% in the second quarter. Penserra Capital Management LLC now owns 3,713 shares of the energy exploration company’s stock valued at $443,000 after purchasing an additional 1,152 shares during the period. Campbell & CO Investment Adviser LLC boosted its holdings in EOG Resources by 42.2% in the second quarter. Campbell & CO Investment Adviser LLC now owns 6,557 shares of the energy exploration company’s stock valued at $784,000 after purchasing an additional 1,945 shares during the period. Finally, Midwest Trust Co acquired a new position in EOG Resources during the 2nd quarter worth $275,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the sale, the chief operating officer directly owned 61,481 shares in the company, valued at $7,685,125. This represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders sold 7,774 shares of company stock valued at $945,895. Insiders own 0.13% of the company’s stock.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, April 16th. EOG Resources’s payout ratio is currently 44.79%.

Key Stories Impacting EOG Resources

Here are the key news stories impacting EOG Resources this week:

• Positive Sentiment: EOG reported a fourth‑quarter profit beat driven by solid production (1.40 MMboe/d) and rising natural‑gas prices, supporting revenue and margins — a result investors typically reward. EOG Resources Surpasses Profit Projections
• Positive Sentiment: Piper Sandler raised its price target to $144 (from $127) while keeping a neutral rating — the higher target signals greater upside potential from current levels and may underpin buying interest. Piper Sandler Raises EOG Price Target
• Positive Sentiment: Some Zacks Research updates lifted medium‑term estimates (Q3 and Q4 2027 and FY2028 saw upward revisions), suggesting Zacks sees stronger earnings later in the forecast horizon. This supports a constructive longer‑term view despite near‑term cuts. Zacks Research Estimate Changes for EOG
• Neutral Sentiment: Zacks Research maintains a “Hold” rating on EOG overall — mixed guidance from this large research house means analyst sentiment is balanced rather than emphatically bullish or bearish. Zacks Hold Rating
• Negative Sentiment: Zacks cut several near‑term and FY2026 EPS forecasts (notably FY2026 lowered from $8.73 to $7.56 and reductions to Q1/Q2 2026 and Q1/Q2 2027 estimates). These downgrades highlight potential headwinds to short‑term earnings and could pressure the stock if near‑term results underperform. Q3 EPS Estimates for EOG Lowered by Zacks Research

About EOG Resources

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.