EOG Resources Q2 EPS Forecast Increased by Zacks Research

EOG Resources, Inc. (NYSE:EOG - Free Report) - Equities researchers at Zacks Research raised their Q2 2026 earnings estimates for EOG Resources in a report released on Thursday, March 27th. Zacks Research analyst R. Department now expects that the energy exploration company will post earnings per share of $2.96 for the quarter, up from their previous forecast of $2.90. 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 $3.07 EPS, Q4 2026 earnings at $3.12 EPS, FY2026 earnings at $11.85 EPS and FY2027 earnings at $11.35 EPS.

EOG Resources (NYSE:EOG - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share for the quarter, beating analysts' consensus estimates of $2.55 by $0.19. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%. The business had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.96 billion.

Several other research firms have also recently issued reports on EOG. Barclays cut their price target on shares of EOG Resources from $146.00 to $144.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 18th. Raymond James increased their price target on shares of EOG Resources from $167.00 to $175.00 and gave the stock a "strong-buy" rating in a research report on Thursday, January 23rd. Benchmark restated a "hold" rating on shares of EOG Resources in a research note on Monday, January 13th. Morgan Stanley decreased their target price on EOG Resources from $142.00 to $136.00 and set an "equal weight" rating for the company in a research report on Thursday, March 27th. Finally, UBS Group dropped their price target on EOG Resources from $165.00 to $160.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Thirteen 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 company's stock. According to data from MarketBeat, EOG Resources currently has a consensus rating of "Hold" and a consensus price target of $144.67.

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EOG Resources Stock Up 0.8 %

Shares of NYSE:EOG traded up $1.02 during trading on Monday, hitting $129.26. The company's stock had a trading volume of 1,926,377 shares, compared to its average volume of 3,098,666. The company has a market capitalization of $71.60 billion, a PE ratio of 10.41, a PEG ratio of 3.58 and a beta of 1.25. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31. The stock's 50-day moving average price is $128.06 and its two-hundred day moving average price is $127.85. EOG Resources has a fifty-two week low of $115.78 and a fifty-two week high of $139.67.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Financial Life Planners acquired a new position in EOG Resources during the fourth quarter worth $25,000. Y.D. More Investments Ltd boosted its stake in shares of EOG Resources by 149.4% during the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company's stock worth $25,000 after acquiring an additional 121 shares in the last quarter. Mainstream Capital Management LLC acquired a new position in shares of EOG Resources during the 4th quarter valued at about $25,000. Decker Retirement Planning Inc. bought a new position in shares of EOG Resources in the 4th quarter valued at approximately $27,000. Finally, Keystone Financial Group Inc. acquired a new stake in EOG Resources in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 89.91% of the company's stock.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 3.02%. The ex-dividend date is Wednesday, April 16th. EOG Resources's dividend payout ratio is 34.73%.

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.