Brokers Set Expectations for EOG Resources Q3 Earnings

EOG Resources, Inc. (NYSE:EOG) – Investment analysts at Capital One Financial increased their Q3 2026 EPS estimates for shares of EOG Resources in a research report issued on Tuesday, November 11th. Capital One Financial analyst P. Johnston now anticipates that the energy exploration company will earn $2.54 per share for the quarter, up from their prior estimate of $2.51. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Capital One Financial also issued estimates for EOG Resources’ Q4 2026 earnings at $2.60 EPS and FY2027 earnings at $10.79 EPS.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.29. The business had revenue of $5.85 billion during the quarter, compared to analyst estimates of $5.48 billion. EOG Resources had a net margin of 25.25% and a return on equity of 20.51%. EOG Resources’s revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.89 EPS.

A number of other brokerages have also recently issued reports on EOG. Piper Sandler set a $129.00 price objective on EOG Resources and gave the stock a “neutral” rating in a report on Tuesday, October 21st. Melius initiated coverage on EOG Resources in a research report on Wednesday, August 20th. They set a “buy” rating and a $173.00 price target on the stock. Royal Bank Of Canada raised their price objective on shares of EOG Resources from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Raymond James Financial boosted their price objective on shares of EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 22nd. Finally, KeyCorp lowered their target price on shares of EOG Resources from $140.00 to $138.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fifteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, EOG Resources currently has a consensus rating of “Hold” and a consensus target price of $140.72.

EOG Resources Price Performance

EOG Resources stock opened at $109.29 on Wednesday. The firm has a market capitalization of $59.67 billion, a P/E ratio of 10.62, a PEG ratio of 8.20 and a beta of 0.72. EOG Resources has a one year low of $102.52 and a one year high of $138.18. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.79 and a quick ratio of 1.61. The business has a fifty day moving average price of $111.17 and a 200-day moving average price of $115.46.

Institutional Trading of EOG Resources

A number of institutional investors have recently made changes to their positions in the stock. Kiker Wealth Management LLC purchased a new position in shares of EOG Resources during the 2nd quarter valued at $627,000. Vanguard Personalized Indexing Management LLC increased its stake in EOG Resources by 9.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 61,742 shares of the energy exploration company’s stock worth $7,386,000 after acquiring an additional 5,156 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in EOG Resources by 30.1% during the first quarter. Canada Pension Plan Investment Board now owns 195,782 shares of the energy exploration company’s stock valued at $25,107,000 after purchasing an additional 45,295 shares during the last quarter. Jump Financial LLC purchased a new position in EOG Resources in the first quarter worth about $2,796,000. Finally, FORA Capital LLC purchased a new stake in EOG Resources during the 1st quarter valued at $472,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, January 16th. EOG Resources’s dividend payout ratio is presently 40.64%.

EOG Resources Company Profile

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.