Zacks Research downgraded shares of EOG Resources (NYSE:EOG – Free 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.
EOG Resources Trading Down 1.6%
EOG Resources (NYSE:EOG – Get 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
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.
Read More
- Five stocks we like better than EOG Resources
- The Government Prints Trillions. Silver Supply Is Limited.
- Your Signature Is Missing – Act Before It’s Too Late
- Wall Street Alert: Buy AES
- Trump Did WHAT??
- Refund From 1933: Trump’s Reset May Create Instant Wealth
Receive News & Ratings for EOG Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources and related companies with MarketBeat.com's FREE daily email newsletter.
