EOG Resources FY2026 EPS Cut by Capital One Financial

EOG Resources, Inc. (NYSE:EOG - Free Report) - Stock analysts at Capital One Financial decreased their FY2026 EPS estimates for EOG Resources in a research report issued to clients and investors on Wednesday, December 18th. Capital One Financial analyst P. Johnston now expects that the energy exploration company will post earnings of $11.63 per share for the year, down from their prior forecast of $11.73. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share.

Several other research firms have also issued reports on EOG. Susquehanna cut their target price on EOG Resources from $159.00 to $158.00 and set a "positive" rating on the stock in a research note on Wednesday, September 4th. Wells Fargo & Company raised shares of EOG Resources from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $147.00 to $150.00 in a research report on Tuesday. Citigroup increased their target price on shares of EOG Resources from $127.00 to $134.00 and gave the company a "neutral" rating in a research report on Tuesday, November 26th. Benchmark reaffirmed a "hold" rating on shares of EOG Resources in a report on Tuesday, November 12th. Finally, KeyCorp decreased their price objective on EOG Resources from $157.00 to $150.00 and set an "overweight" rating for the company in a report on Wednesday, October 16th. Fourteen equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $143.50.

EOG Resources Stock Down 1.2 %

Shares of NYSE:EOG traded down $1.41 on Thursday, reaching $118.22. The company had a trading volume of 3,589,717 shares, compared to its average volume of 3,129,625. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $66.49 billion, a PE ratio of 9.52, a PEG ratio of 3.39 and a beta of 1.29. EOG Resources has a 52-week low of $108.94 and a 52-week high of $139.67. The firm's 50 day simple moving average is $128.39 and its 200-day simple moving average is $126.33.

Hedge Funds Weigh In On EOG Resources

Large investors have recently made changes to their positions in the company. Dakota Wealth Management raised its position in shares of EOG Resources by 20.8% in the second quarter. Dakota Wealth Management now owns 2,668 shares of the energy exploration company's stock worth $336,000 after acquiring an additional 460 shares during the period. Geneos Wealth Management Inc. boosted its position in EOG Resources by 4.3% during the second quarter. Geneos Wealth Management Inc. now owns 20,475 shares of the energy exploration company's stock worth $2,577,000 after purchasing an additional 852 shares in the last quarter. JB Capital LLC grew its holdings in EOG Resources by 3.9% in the second quarter. JB Capital LLC now owns 19,091 shares of the energy exploration company's stock valued at $2,403,000 after purchasing an additional 713 shares during the period. L. Roy Papp & Associates LLP increased its position in shares of EOG Resources by 4.8% in the second quarter. L. Roy Papp & Associates LLP now owns 193,046 shares of the energy exploration company's stock valued at $24,299,000 after buying an additional 8,898 shares in the last quarter. Finally, Slagle Financial LLC raised its stake in shares of EOG Resources by 6.0% during the 2nd quarter. Slagle Financial LLC now owns 11,430 shares of the energy exploration company's stock worth $1,439,000 after buying an additional 648 shares during the period. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, Director Janet F. Clark sold 568 shares of the company's stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $135.33, for a total value of $76,867.44. Following the sale, the director now owns 43,532 shares in the company, valued at approximately $5,891,185.56. This represents a 1.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.30% of the company's stock.

EOG Resources Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $0.975 per share. This is an increase from EOG Resources's previous quarterly dividend of $0.91. This represents a $3.90 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend is Friday, January 17th. EOG Resources's dividend payout ratio (DPR) is currently 31.40%.

EOG Resources announced that its board has approved a share repurchase program on Thursday, November 7th that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the energy exploration company to reacquire up to 7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

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.