Brokers Issue Forecasts for EOG Resources FY2026 Earnings

EOG Resources, Inc. (NYSE:EOG) – Research analysts at Scotiabank issued their FY2026 EPS estimates for EOG Resources in a research report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng expects that the energy exploration company will earn $12.80 per share for the year. Scotiabank has a “Sector Perform” rating and a $140.00 price objective on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share.

A number of other equities analysts also recently weighed in on EOG. Raymond James upped their target price on shares of EOG Resources from $156.00 to $167.00 and gave the stock a “strong-buy” rating in a research report on Thursday, November 21st. Mizuho decreased their price objective on EOG Resources from $156.00 to $148.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. Piper Sandler dropped their target price on EOG Resources from $149.00 to $140.00 and set a “neutral” rating for the company in a research report on Tuesday, December 17th. Morgan Stanley decreased their price target on EOG Resources from $134.00 to $132.00 and set an “equal weight” rating on the stock in a report on Monday, September 16th. Finally, Evercore ISI dropped their price objective on EOG Resources from $150.00 to $145.00 and set an “outperform” rating for the company in a report on Monday, September 30th. Twelve research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, EOG Resources has a consensus rating of “Moderate Buy” and a consensus price target of $143.71.

EOG Resources Trading Up 2.4 %

EOG stock opened at $131.54 on Friday. The business has a fifty day moving average price of $127.97 and a 200 day moving average price of $126.68. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. EOG Resources has a fifty-two week low of $108.94 and a fifty-two week high of $139.67. The stock has a market capitalization of $73.98 billion, a price-to-earnings ratio of 10.59, a P/E/G ratio of 3.37 and a beta of 1.29.

EOG Resources Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.96%. This is a positive change from EOG Resources’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Friday, January 17th. EOG Resources’s payout ratio is 29.31%.

EOG Resources declared that its board has authorized a stock repurchase 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 stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,000 shares of the stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $120.89, for a total transaction of $483,560.00. Following the completion of the transaction, the chief operating officer now owns 42,703 shares in the company, valued at approximately $5,162,365.67. This represents a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Janet F. Clark sold 568 shares of EOG Resources stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $135.33, for a total transaction of $76,867.44. Following the completion of the sale, the director now owns 43,532 shares in the company, valued at $5,891,185.56. The trade was a 1.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.30% of the stock is owned by insiders.

Hedge Funds Weigh In On EOG Resources

Several hedge funds have recently modified their holdings of the stock. Graypoint LLC boosted its position in EOG Resources by 13.3% during the fourth quarter. Graypoint LLC now owns 4,579 shares of the energy exploration company’s stock valued at $561,000 after purchasing an additional 536 shares during the last quarter. LVM Capital Management Ltd. MI grew its stake in shares of EOG Resources by 135.1% in the fourth quarter. LVM Capital Management Ltd. MI now owns 81,762 shares of the energy exploration company’s stock valued at $10,022,000 after buying an additional 46,991 shares in the last quarter. Watts Gwilliam & Co. LLC grew its stake in shares of EOG Resources by 227.5% in the fourth quarter. Watts Gwilliam & Co. LLC now owns 5,689 shares of the energy exploration company’s stock valued at $726,000 after buying an additional 3,952 shares in the last quarter. Douglas Lane & Associates LLC raised its position in EOG Resources by 2.1% during the fourth quarter. Douglas Lane & Associates LLC now owns 511,493 shares of the energy exploration company’s stock worth $62,699,000 after acquiring an additional 10,404 shares in the last quarter. Finally, Fulton Bank N.A. lifted its stake in EOG Resources by 25.6% in the fourth quarter. Fulton Bank N.A. now owns 5,266 shares of the energy exploration company’s stock valued at $646,000 after acquiring an additional 1,073 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

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.