Zacks Research Expects Increased Earnings for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Equities research analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for EOG Resources in a research report issued to clients and investors on Monday, May 18th. Zacks Research analyst Team now forecasts that the energy exploration company will post earnings per share of $4.70 for the quarter, up from their previous forecast of $2.58. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $14.83 per share. Zacks Research also issued estimates for EOG Resources’ Q3 2026 earnings at $4.56 EPS, Q4 2026 earnings at $3.42 EPS, FY2026 earnings at $16.09 EPS, Q1 2027 earnings at $3.77 EPS, Q2 2027 earnings at $3.58 EPS, Q3 2027 earnings at $3.46 EPS, Q4 2027 earnings at $3.10 EPS, FY2027 earnings at $13.91 EPS, Q1 2028 earnings at $3.17 EPS and FY2028 earnings at $12.62 EPS.

Other equities analysts also recently issued reports about the company. Susquehanna lifted their price target on EOG Resources from $144.00 to $162.00 and gave the stock a “positive” rating in a research note on Tuesday, April 21st. 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 note on Thursday, March 26th. The Goldman Sachs Group lifted their price target on EOG Resources from $135.00 to $139.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. Piper Sandler lifted their price target on EOG Resources from $144.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 1st. Finally, JPMorgan Chase & Co. lifted their price target on EOG Resources from $145.00 to $148.00 in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and sixteen have assigned a Hold rating to the stock. Based on data from MarketBeat, EOG Resources currently has an average rating of “Moderate Buy” and an average price target of $154.38.

EOG Resources Stock Down 1.8%

NYSE:EOG opened at $141.71 on Thursday. The company has a market capitalization of $75.48 billion, a price-to-earnings ratio of 13.95 and a beta of 0.27. EOG Resources has a one year low of $101.59 and a one year high of $151.87. The stock has a 50-day simple moving average of $137.48 and a 200 day simple moving average of $120.29. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72.

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

EOG Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, July 17th. EOG Resources’s payout ratio is presently 40.16%.

Insider Buying and Selling

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 completion of the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 of the company’s stock, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 16,230 shares of company stock valued at $2,272,568. 0.14% of the stock is currently owned by insiders.

Hedge Funds Weigh In On EOG Resources

A number of hedge funds and other institutional investors have recently bought and sold shares of EOG. Acumen Wealth Advisors LLC acquired a new position in EOG Resources in the fourth quarter valued at approximately $25,000. SJS Investment Consulting Inc. boosted its stake in EOG Resources by 225.5% in the first quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock valued at $26,000 after acquiring an additional 124 shares during the period. Prosperity Bancshares Inc acquired a new position in EOG Resources in the fourth quarter valued at approximately $26,000. Nemes Rush Group LLC acquired a new position in EOG Resources in the fourth quarter valued at approximately $30,000. Finally, Financial Life Planners acquired a new position in EOG Resources in the first quarter valued at approximately $30,000. 89.91% of the stock is currently 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.