Q1 EPS Estimates for EOG Resources Lifted by Analyst

EOG Resources, Inc. (NYSE:EOG) – Research analysts at Capital One Financial lifted their Q1 2025 earnings estimates for EOG Resources in a note issued to investors on Wednesday, December 18th. Capital One Financial analyst P. Johnston now expects that the energy exploration company will post earnings per share of $2.41 for the quarter, up from their previous estimate of $2.39. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share.

A number of other equities research analysts also recently commented on the company. Benchmark reiterated a “hold” rating on shares of EOG Resources in a research report on Tuesday, November 12th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $145.00 price objective on shares of EOG Resources in a report on Monday, October 14th. StockNews.com downgraded EOG Resources from a “buy” rating to a “hold” rating in a research report on Saturday, November 16th. KeyCorp reduced their price target on shares of EOG Resources from $157.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. Finally, Barclays lowered their price objective on shares of EOG Resources from $144.00 to $137.00 and set an “equal weight” rating for the company in a research report on Thursday, October 3rd. Fourteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $143.50.

EOG Resources Stock Down 1.2 %

Shares of EOG stock opened at $118.22 on Friday. The stock has a market cap of $66.49 billion, a P/E ratio of 9.52, a PEG ratio of 3.39 and a beta of 1.29. The company’s fifty day simple moving average is $128.39 and its two-hundred day simple moving average is $126.33. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. EOG Resources has a 52 week low of $108.94 and a 52 week high of $139.67.

Institutional Trading of EOG Resources

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Inspire Trust Co. N.A. lifted its holdings in shares of EOG Resources by 11.3% during the third quarter. Inspire Trust Co. N.A. now owns 7,600 shares of the energy exploration company’s stock worth $934,000 after purchasing an additional 772 shares during the period. Franklin Resources Inc. raised its position in EOG Resources by 64.7% during the 3rd 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 during the last quarter. Synovus Financial Corp lifted its stake in EOG Resources by 105.1% during the 3rd quarter. Synovus Financial Corp now owns 97,356 shares of the energy exploration company’s stock valued at $11,968,000 after acquiring an additional 49,899 shares during the period. Tidal Investments LLC boosted its holdings in shares of EOG Resources by 4.7% in the 3rd quarter. Tidal Investments LLC now owns 58,790 shares of the energy exploration company’s stock valued at $7,227,000 after acquiring an additional 2,634 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB increased its stake in shares of EOG Resources by 26.8% in the third quarter. Wilmington Savings Fund Society FSB now owns 71,766 shares of the energy exploration company’s stock worth $8,822,000 after acquiring an additional 15,186 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Transactions at EOG Resources

In related news, Director Janet F. Clark sold 568 shares of EOG Resources stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $135.33, for a total value of $76,867.44. Following the completion of the sale, the director now directly 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 document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.30% of the company’s stock.

EOG Resources declared that its board has initiated a share repurchase plan 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 plans are typically a sign that the company’s board of directors believes its stock is undervalued.

EOG Resources Increases Dividend

The firm 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 represents a $3.90 annualized dividend and a yield of 3.30%. The ex-dividend date is Friday, January 17th. This is an increase from EOG Resources’s previous quarterly dividend of $0.91. EOG Resources’s dividend payout ratio (DPR) is currently 31.40%.

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.