Q2 EPS Estimates for EOG Resources Lowered by Zacks Research

EOG Resources, Inc. (NYSE:EOG) – Analysts at Zacks Research cut their Q2 2026 earnings per share estimates for shares of EOG Resources in a research note issued on Thursday, January 15th. Zacks Research analyst Team now anticipates that the energy exploration company will earn $2.06 per share for the quarter, down from their previous estimate of $2.10. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Zacks Research also issued estimates for EOG Resources’ Q3 2026 earnings at $2.20 EPS, FY2026 earnings at $8.78 EPS, Q1 2027 earnings at $2.71 EPS and Q2 2027 earnings at $2.43 EPS.

A number of other equities analysts also recently weighed in on the stock. KeyCorp downgraded shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday. Roth Capital reaffirmed a “neutral” rating on shares of EOG Resources in a research report on Monday, December 15th. UBS Group reissued a “buy” rating and issued a $141.00 target price (down from $144.00) on shares of EOG Resources in a report on Friday, December 12th. Barclays set a $136.00 target price on EOG Resources and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. Finally, Piper Sandler lowered their price target on EOG Resources from $129.00 to $124.00 and set a “neutral” rating for the company in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and sixteen have assigned a Hold rating to the stock. Based on data from MarketBeat, EOG Resources has a consensus rating of “Hold” and a consensus target price of $137.25.

EOG Resources Stock Down 2.4%

Shares of EOG Resources stock opened at $108.07 on Friday. EOG Resources has a 1 year low of $101.59 and a 1 year high of $138.18. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.43. The company has a 50-day moving average of $106.88 and a 200 day moving average of $112.88. The firm has a market cap of $58.64 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 8.74 and a beta of 0.49.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.29. The company had revenue of $5.85 billion for the quarter, compared to analysts’ expectations of $5.48 billion. EOG Resources had a return on equity of 19.80% and a net margin of 24.49%.The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.89 earnings per share.

Institutional Investors Weigh In On EOG Resources

Institutional investors and hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its position in shares of EOG Resources by 10,950.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 221 shares of the energy exploration company’s stock worth $26,000 after acquiring an additional 219 shares during the last quarter. Raleigh Capital Management Inc. bought a new position in shares of EOG Resources during the 2nd quarter valued at about $29,000. JCIC Asset Management Inc. bought a new position in shares of EOG Resources during the 3rd quarter valued at about $32,000. Olistico Wealth LLC bought a new stake in shares of EOG Resources in the fourth quarter worth about $33,000. Finally, ORG Partners LLC lifted its position in shares of EOG Resources by 45.1% in the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock worth $34,000 after buying an additional 88 shares in the last quarter. Institutional investors own 89.91% of the company’s stock.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the transaction, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. The trade was a 3.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.13% of the company’s stock.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, January 16th. This represents a $4.08 annualized dividend and a dividend yield of 3.8%. EOG Resources’s dividend payout ratio (DPR) is currently 40.64%.

Key EOG Resources News

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

• Positive Sentiment: EOG’s strategy to expand natural‑gas production to serve data centers is being highlighted as a growth/utility diversification opportunity that could support longer‑term cash flow and demand for gas volumes. EOG Resources: Building Out Natural Gas Production
• Neutral Sentiment: BMO Capital Markets trimmed its price target to $120 from $126 but kept an “outperform” rating — signaling continued analyst conviction in upside, though the lower target may cap near‑term upside. MarketScreener
• Neutral Sentiment: A consensus analyst snapshot shows a “Hold” rating overall, and coverage is described as mixed/conflicted across energy names, reflecting divergent views on near‑term fundamentals vs. longer‑term strategy. Analyst Consensus: Hold Analysts Conflicted
• Negative Sentiment: Zacks Research cut multiple near‑term and FY estimates in its Jan. 15 note — Q2 2027 EPS to $2.43 (from $2.57), Q1 2027 to $2.71 (from $2.85), Q3 2026 to $2.20 (from $2.32), Q2 2026 to $2.06 (from $2.10) and FY2026 to $8.78 (from $8.94). Those downward revisions are the primary near‑term driver pushing the stock lower as they imply weaker earnings trajectory than previously expected.

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.