Capital One Financial Estimates EOG Resources Q1 Earnings

EOG Resources, Inc. (NYSE:EOG) – Analysts at Capital One Financial lifted their Q1 2025 earnings per share (EPS) estimates for EOG Resources in a note issued to investors on Wednesday, December 18th. Capital One Financial analyst P. Johnston now expects that the energy exploration company will earn $2.41 per share for the quarter, up from their prior forecast of $2.39. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share.

EOG has been the subject of several other research reports. Truist Financial raised their target price on EOG Resources from $115.00 to $135.00 and gave the company a “hold” rating in a research note on Tuesday, November 12th. KeyCorp lowered their price objective on shares of EOG Resources from $157.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. UBS Group cut their target price on shares of EOG Resources from $167.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. Susquehanna decreased their price target on shares of EOG Resources from $159.00 to $158.00 and set a “positive” rating on the stock in a research report on Wednesday, September 4th. Finally, StockNews.com upgraded EOG Resources from a “hold” rating to a “buy” rating in a research report on Friday. Thirteen equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $143.50.

EOG Resources Stock Up 0.7 %

Shares of EOG stock opened at $119.04 on Friday. EOG Resources has a 1 year low of $108.94 and a 1 year high of $139.67. 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 business’s fifty day moving average is $128.12 and its 200-day moving average is $126.38. The stock has a market cap of $66.95 billion, a PE ratio of 9.58, a price-to-earnings-growth ratio of 3.39 and a beta of 1.29.

Institutional Investors Weigh In On EOG Resources

Institutional investors have recently added to or reduced their stakes in the stock. Northwest Investment Counselors LLC acquired a new stake in EOG Resources in the 3rd quarter valued at $26,000. Eastern Bank acquired a new stake in shares of EOG Resources in the 3rd quarter valued at $28,000. Capital Performance Advisors LLP bought a new stake in shares of EOG Resources in the 3rd quarter worth about $31,000. HM Payson & Co. increased its position in shares of EOG Resources by 203.7% during the 3rd quarter. HM Payson & Co. now owns 328 shares of the energy exploration company’s stock worth $40,000 after purchasing an additional 220 shares in the last quarter. Finally, Matrix Trust Co bought a new position in EOG Resources during the 3rd quarter valued at about $43,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at EOG Resources

In related news, Director Janet F. Clark sold 568 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were 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 of the company’s stock, valued at $5,891,185.56. The trade was a 1.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

EOG Resources Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend is Friday, January 17th. This is a positive change from EOG Resources’s previous quarterly dividend of $0.91. EOG Resources’s dividend payout ratio (DPR) is presently 31.40%.

EOG Resources announced that its Board of Directors has authorized a stock buyback program on Thursday, November 7th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the energy exploration company to purchase up to 7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management 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.