EOG Resources (EOG) to Release Quarterly Earnings on Thursday

EOG Resources (NYSE:EOG - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $2.75 per share and revenue of $5.92 billion for the quarter.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The energy exploration company reported $2.74 EPS for the quarter, topping analysts' consensus estimates of $2.55 by $0.19. The firm had revenue of $5.59 billion for the quarter, compared to analysts' expectations of $5.96 billion. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. On average, analysts expect EOG Resources to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

EOG Resources Stock Up 0.2 %

Shares of NYSE:EOG opened at $111.57 on Thursday. EOG Resources has a 12-month low of $102.52 and a 12-month high of $138.18. The stock has a market capitalization of $61.54 billion, a price-to-earnings ratio of 8.98, a PEG ratio of 3.58 and a beta of 0.93. The stock has a fifty day simple moving average of $121.19 and a two-hundred day simple moving average of $126.04. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13.

EOG Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Wednesday, April 16th. EOG Resources's dividend payout ratio is presently 34.73%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Citigroup dropped their target price on shares of EOG Resources from $134.00 to $125.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. StockNews.com cut shares of EOG Resources from a "buy" rating to a "hold" rating in a research note on Friday, February 21st. Barclays decreased their price objective on shares of EOG Resources from $144.00 to $140.00 and set an "equal weight" rating for the company in a report on Wednesday. Scotiabank upgraded shares of EOG Resources from a "sector perform" rating to a "sector outperform" rating and dropped their target price for the stock from $150.00 to $130.00 in a report on Friday, April 11th. Finally, UBS Group decreased their target price on shares of EOG Resources from $165.00 to $160.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. Twelve research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $143.00.

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,037 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the sale, the chief operating officer now directly owns 47,732 shares of the company's stock, valued at $6,098,240.32. This trade represents a 7.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.13% of the stock is currently owned by insiders.

About EOG Resources

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.

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