Roth Capital Decreases Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG - Free Report) - Analysts at Roth Capital cut their Q1 2025 earnings per share (EPS) estimates for EOG Resources in a research note issued on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the energy exploration company will earn $2.84 per share for the quarter, down from their previous forecast of $3.04. The consensus estimate for EOG Resources' current full-year earnings is $11.47 per share. Roth Capital also issued estimates for EOG Resources' Q2 2025 earnings at $1.98 EPS, Q3 2025 earnings at $2.25 EPS, Q4 2025 earnings at $2.49 EPS and FY2025 earnings at $9.55 EPS.

Other analysts have also issued reports about the company. Piper Sandler decreased their price objective on EOG Resources from $135.00 to $133.00 and set a "neutral" rating on the stock in a research note on Tuesday. Citigroup lowered their price target on shares of EOG Resources from $134.00 to $125.00 and set a "neutral" rating on the stock in a report on Monday, March 17th. KeyCorp lowered their target price on shares of EOG Resources from $150.00 to $140.00 and set an "overweight" rating on the stock in a research note on Monday. StockNews.com downgraded EOG Resources from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Finally, Williams Trading set a $154.00 target price on shares of EOG Resources in a research note on Wednesday, March 5th. Twelve investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, EOG Resources presently has an average rating of "Moderate Buy" and an average target price of $143.62.

EOG Resources Stock Performance

NYSE:EOG traded up $3.04 on Thursday, reaching $112.15. 757,568 shares of the company's stock were exchanged, compared to its average volume of 3,701,441. EOG Resources has a 52 week low of $102.52 and a 52 week high of $138.18. The firm has a market cap of $61.86 billion, a price-to-earnings ratio of 9.03, a P/E/G ratio of 3.58 and a beta of 0.93. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. The stock has a fifty day simple moving average of $121.90 and a 200-day simple moving average of $126.24.

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

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend is Wednesday, April 16th. EOG Resources's dividend payout ratio is currently 34.73%.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total value of $515,767.12. Following the sale, the chief operating officer now owns 47,732 shares in the company, valued at $6,098,240.32. This represents a 7.80 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.13% of the company's stock.

Institutional Investors Weigh In On EOG Resources

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

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.