Zacks Research Raises Earnings Estimates for EOG Resources

EOG Resources, Inc. (NYSE:EOG) – Research analysts at Zacks Research boosted their FY2025 earnings estimates for EOG Resources in a research note issued to investors on Wednesday, January 15th. Zacks Research analyst R. Department now forecasts that the energy exploration company will earn $10.95 per share for the year, up from their previous forecast of $10.61. The consensus estimate for EOG Resources’ current full-year earnings is $11.40 per share. Zacks Research also issued estimates for EOG Resources’ Q4 2025 earnings at $2.98 EPS.

Several other research firms also recently issued reports on EOG. Citigroup lifted their price target on EOG Resources from $127.00 to $134.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. KeyCorp cut their target price on EOG Resources from $157.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. Evercore ISI lowered their price objective on shares of EOG Resources from $150.00 to $145.00 and set an “outperform” rating on the stock in a report on Monday, September 30th. Royal Bank of Canada restated a “sector perform” rating and set a $150.00 target price on shares of EOG Resources in a report on Monday, January 6th. Finally, Scotiabank lowered their price target on shares of EOG Resources from $150.00 to $140.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 10th. Thirteen investment 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. Based on data from MarketBeat.com, EOG Resources has an average rating of “Hold” and a consensus target price of $143.48.

EOG Resources Trading Down 1.0 %

Shares of NYSE:EOG opened at $136.70 on Friday. The firm has a market cap of $76.89 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 3.63 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’s fifty day simple moving average is $128.96 and its 200 day simple moving average is $127.06. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Franklin Resources Inc. grew its position in EOG Resources by 64.7% during the third quarter. Franklin Resources Inc. now owns 5,284,228 shares of the energy exploration company’s stock worth $694,717,000 after buying an additional 2,076,134 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of EOG Resources by 856.7% during the 3rd quarter. Fisher Asset Management LLC now owns 1,200,851 shares of the energy exploration company’s stock worth $147,621,000 after purchasing an additional 1,075,334 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of EOG Resources in the second quarter worth $106,990,000. Assenagon Asset Management S.A. raised its stake in EOG Resources by 577.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 696,596 shares of the energy exploration company’s stock valued at $85,389,000 after purchasing an additional 593,823 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in EOG Resources by 9.1% during the second quarter. Legal & General Group Plc now owns 4,840,705 shares of the energy exploration company’s stock worth $609,300,000 after purchasing an additional 403,676 shares during the period. 89.91% of the stock is owned by institutional investors.

Insiders Place Their Bets

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 transaction of $76,867.44. Following the transaction, the director now owns 43,532 shares in the company, valued at $5,891,185.56. This trade represents a 1.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Jeffrey R. Leitzell sold 4,000 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer now directly owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. The trade was a 8.56 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.

EOG Resources announced that its board has authorized a stock repurchase 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 repurchase up to 7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its shares are undervalued.

EOG Resources Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.975 dividend. This is a boost from EOG Resources’s previous quarterly dividend of $0.91. This represents a $3.90 annualized dividend and a yield of 2.85%. The ex-dividend date is Friday, January 17th. EOG Resources’s dividend payout ratio is currently 29.31%.

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.