EOG Resources (NYSE:EOG) Lowered to Strong Sell Rating by Zacks Research

Zacks Research downgraded shares of EOG Resources (NYSE:EOGFree Report) from a hold rating to a strong sell rating in a report released on Tuesday,Zacks.com reports. Zacks Research also issued estimates for EOG Resources’ Q4 2025 earnings at $2.17 EPS, FY2025 earnings at $10.07 EPS, Q1 2026 earnings at $2.45 EPS, Q4 2026 earnings at $2.06 EPS, Q3 2027 earnings at $2.67 EPS, Q4 2027 earnings at $2.60 EPS and FY2027 earnings at $10.41 EPS.

A number of other research firms have also recently commented on EOG. KeyCorp cut shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a report on Friday, January 16th. Raymond James Financial restated a “strong-buy” rating and issued a $153.00 target price on shares of EOG Resources in a research note on Wednesday, December 3rd. Piper Sandler decreased their target price on EOG Resources from $129.00 to $124.00 and set a “neutral” rating for the company in a research report on Tuesday, November 18th. Jefferies Financial Group set a $140.00 price target on EOG Resources in a report on Wednesday, January 14th. Finally, Wolfe Research reduced their price objective on EOG Resources from $138.00 to $134.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $135.48.

View Our Latest Report on EOG

EOG Resources Trading Down 1.6%

EOG stock traded down $1.75 during mid-day trading on Tuesday, reaching $106.30. The company’s stock had a trading volume of 324,266 shares, compared to its average volume of 3,983,525. EOG Resources has a 12 month low of $101.59 and a 12 month high of $135.87. The company has a current ratio of 1.62, a quick ratio of 1.43 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average price is $106.78 and its 200 day moving average price is $112.35. The company has a market cap of $57.68 billion, a price-to-earnings ratio of 10.59, a price-to-earnings-growth ratio of 8.82 and a beta of 0.49.

EOG Resources (NYSE:EOGGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 EPS for the quarter, topping the consensus estimate of $2.42 by $0.29. The company had revenue of $5.85 billion during the quarter, compared to the consensus estimate of $5.48 billion. EOG Resources had a net margin of 24.49% and a return on equity of 19.80%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.89 EPS. On average, equities research analysts predict that EOG Resources will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be paid a dividend of $1.02 per share. The ex-dividend date is Friday, January 16th. This represents a $4.08 dividend on an annualized basis and a yield of 3.8%. EOG Resources’s payout ratio is 40.64%.

Insider Activity at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the completion of the sale, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at $5,810,180.72. This represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EOG Resources

Several institutional investors have recently bought and sold shares of the stock. Sivia Capital Partners LLC bought a new stake in shares of EOG Resources in the 2nd quarter worth $258,000. Cassia Capital Partners LLC boosted its holdings in EOG Resources by 7.8% during the second quarter. Cassia Capital Partners LLC now owns 8,048 shares of the energy exploration company’s stock worth $963,000 after purchasing an additional 581 shares during the last quarter. Affinity Wealth Management LLC boosted its holdings in EOG Resources by 1.8% during the second quarter. Affinity Wealth Management LLC now owns 28,279 shares of the energy exploration company’s stock worth $3,382,000 after purchasing an additional 500 shares during the last quarter. Retirement Guys Formula LLC grew its position in EOG Resources by 10.4% in the 2nd quarter. Retirement Guys Formula LLC now owns 14,157 shares of the energy exploration company’s stock worth $1,693,000 after purchasing an additional 1,336 shares in the last quarter. Finally, Old North State Wealth Management LLC purchased a new stake in EOG Resources in the 2nd quarter valued at about $213,000. Institutional investors own 89.91% of the company’s stock.

EOG Resources Company Profile

(Get Free Report)

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.

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Analyst Recommendations for EOG Resources (NYSE:EOG)

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