FY2026 EPS Forecast for EOG Resources Cut by Analyst

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Capital One Financial decreased their FY2026 earnings per share (EPS) estimates for EOG Resources in a report released on Wednesday, December 18th. Capital One Financial analyst P. Johnston now anticipates that the energy exploration company will earn $11.63 per share for the year, down from their previous estimate of $11.73. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share.

A number of other research firms have also issued reports on EOG. JPMorgan Chase & Co. lowered their price target on EOG Resources from $143.00 to $135.00 and set a “neutral” rating on the stock in a report on Thursday, September 12th. StockNews.com upgraded shares of EOG Resources from a “hold” rating to a “buy” rating in a research report on Friday. KeyCorp cut their target price on shares of EOG Resources from $157.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Piper Sandler reduced their target price on EOG Resources from $149.00 to $140.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Scotiabank lowered their price target on EOG Resources from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. Thirteen investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, EOG Resources has a consensus rating of “Hold” and an average price target of $143.50.

EOG Resources Stock Up 0.7 %

EOG stock opened at $119.04 on Thursday. 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 company has a market cap of $66.95 billion, a price-to-earnings ratio of 9.58, a price-to-earnings-growth ratio of 3.39 and a beta of 1.29. EOG Resources has a 12 month low of $108.94 and a 12 month high of $139.67. The company has a fifty day moving average price of $128.12 and a 200 day moving average price of $126.33.

Hedge Funds Weigh In On EOG Resources

Several institutional investors have recently modified their holdings of the company. Northwest Investment Counselors LLC bought a new position in EOG Resources in the 3rd quarter worth approximately $26,000. Eastern Bank bought a new position in shares of EOG Resources in the third quarter worth $28,000. Capital Performance Advisors LLP bought a new stake in shares of EOG Resources during the 3rd quarter worth about $31,000. HM Payson & Co. increased its stake in shares of EOG Resources by 203.7% during the third quarter. HM Payson & Co. now owns 328 shares of the energy exploration company’s stock valued at $40,000 after acquiring an additional 220 shares during the period. Finally, Matrix Trust Co acquired a new stake in shares of EOG Resources in the third quarter valued at $43,000. Institutional investors own 89.91% of the company’s stock.

Insider Activity

In other EOG Resources news, Director Janet F. Clark sold 568 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $135.33, for a total value of $76,867.44. Following the sale, the director now directly owns 43,532 shares of the company’s stock, valued at $5,891,185.56. This trade represents a 1.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.30% of the company’s stock.

EOG Resources Increases Dividend

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

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

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.