EOG Resources, Inc. Expected to Post Q1 2025 Earnings of $2.97 Per Share (NYSE:EOG)

EOG Resources, Inc. (NYSE:EOG) – Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for EOG Resources in a research report issued to clients and investors on Friday, September 13th. Zacks Research analyst R. Department now expects that the energy exploration company will post earnings per share of $2.97 for the quarter, down from their previous forecast of $3.04. The consensus estimate for EOG Resources’ current full-year earnings is $12.20 per share. Zacks Research also issued estimates for EOG Resources’ Q2 2025 earnings at $2.99 EPS.

Several other research firms also recently weighed in on EOG. JPMorgan Chase & Co. reduced their price target on shares of EOG Resources from $143.00 to $135.00 and set a “neutral” rating for the company in a research report on Thursday, September 12th. Bank of America reissued a “buy” rating and set a $151.00 target price on shares of EOG Resources in a report on Friday, June 14th. UBS Group lifted their price target on EOG Resources from $166.00 to $167.00 and gave the stock a “buy” rating in a research note on Tuesday, August 20th. StockNews.com cut EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Piper Sandler decreased their price objective on EOG Resources from $154.00 to $147.00 and set an “overweight” rating on the stock in a report on Thursday, August 15th. Fourteen analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $143.58.

EOG Resources Stock Up 1.2 %

Shares of EOG opened at $123.19 on Monday. The firm has a market cap of $70.80 billion, a P/E ratio of 9.73, a PEG ratio of 2.95 and a beta of 1.28. EOG Resources has a 12 month low of $108.94 and a 12 month high of $139.67. The stock’s 50 day moving average is $125.80 and its two-hundred day moving average is $126.44. The company has a current ratio of 2.12, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, August 1st. The energy exploration company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.18. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.07 billion. EOG Resources had a return on equity of 25.42% and a net margin of 30.33%. The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm earned $2.49 EPS.

EOG Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Thursday, October 17th. EOG Resources’s dividend payout ratio is presently 28.75%.

Insider Transactions at EOG Resources

In other EOG Resources news, EVP Michael P. Donaldson sold 11,037 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $129.50, for a total value of $1,429,291.50. Following the transaction, the executive vice president now owns 74,250 shares of the company’s stock, valued at $9,615,375. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, Director Charles R. Crisp sold 6,500 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $125.60, for a total transaction of $816,400.00. Following the completion of the transaction, the director now directly owns 60,892 shares in the company, valued at $7,648,035.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Michael P. Donaldson sold 11,037 shares of EOG Resources stock in a transaction on Monday, August 26th. The shares were sold at an average price of $129.50, for a total value of $1,429,291.50. Following the completion of the sale, the executive vice president now directly owns 74,250 shares of the company’s stock, valued at $9,615,375. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,537 shares of company stock worth $2,751,612. 0.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On EOG Resources

Hedge funds and other institutional investors have recently bought and sold shares of the company. MUFG Securities EMEA plc acquired a new stake in shares of EOG Resources during the fourth quarter worth about $5,443,000. Dai ichi Life Insurance Company Ltd grew its stake in shares of EOG Resources by 15.3% in the fourth quarter. Dai ichi Life Insurance Company Ltd now owns 46,468 shares of the energy exploration company’s stock worth $5,620,000 after acquiring an additional 6,154 shares in the last quarter. Artisan Partners Limited Partnership increased its position in shares of EOG Resources by 2.3% during the fourth quarter. Artisan Partners Limited Partnership now owns 991,055 shares of the energy exploration company’s stock worth $119,868,000 after acquiring an additional 22,638 shares during the period. DRW Securities LLC raised its stake in shares of EOG Resources by 871.7% in the fourth quarter. DRW Securities LLC now owns 20,891 shares of the energy exploration company’s stock valued at $2,527,000 after acquiring an additional 18,741 shares in the last quarter. Finally, UniSuper Management Pty Ltd raised its stake in shares of EOG Resources by 228.4% in the first quarter. UniSuper Management Pty Ltd now owns 15,626 shares of the energy exploration company’s stock valued at $1,998,000 after acquiring an additional 10,868 shares in the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

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.