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

EOG Resources, Inc. (NYSE:EOG) – Zacks Research decreased their Q1 2025 earnings per share estimates for shares of EOG Resources in a report released on Friday, September 13th. Zacks Research analyst R. Department now forecasts that the energy exploration company will earn $2.97 per share for the quarter, down from their previous estimate 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 equities analysts have also recently weighed in on the company. Citigroup boosted their price objective on EOG Resources from $124.00 to $130.00 and gave the stock a “neutral” rating in a research report on Friday, May 24th. JPMorgan Chase & Co. cut their price target on EOG Resources from $143.00 to $135.00 and set a “neutral” rating for the company in a report on Thursday, September 12th. Scotiabank cut their price target on EOG Resources from $155.00 to $150.00 and set a “sector perform” rating for the company in a report on Friday, July 12th. KeyCorp began coverage on EOG Resources in a report on Thursday, June 27th. They issued an “overweight” rating and a $157.00 price target for the company. Finally, Susquehanna cut their price target on EOG Resources from $159.00 to $158.00 and set a “positive” rating for the company in a report on Wednesday, September 4th. Fourteen equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $143.58.

EOG Resources Price Performance

NYSE EOG opened at $121.67 on Monday. EOG Resources has a twelve month low of $108.94 and a twelve month high of $139.67. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.89 and a current ratio of 2.12. The stock has a market capitalization of $69.93 billion, a PE ratio of 9.61, a P/E/G ratio of 2.95 and a beta of 1.28. The stock has a 50-day simple moving average of $125.85 and a 200 day simple moving average of $126.39.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.18. EOG Resources had a return on equity of 25.42% and a net margin of 30.33%. The business had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.07 billion. During the same quarter in the previous year, the firm earned $2.49 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new stake in EOG Resources during the 2nd quarter worth $15,280,000. RiverFront Investment Group LLC raised its stake in EOG Resources by 10.2% during the 2nd quarter. RiverFront Investment Group LLC now owns 120,809 shares of the energy exploration company’s stock worth $15,206,000 after buying an additional 11,197 shares during the period. Kestra Investment Management LLC acquired a new stake in EOG Resources during the 2nd quarter worth $430,000. Delphi Management Inc. MA raised its stake in EOG Resources by 1.1% during the 2nd quarter. Delphi Management Inc. MA now owns 13,440 shares of the energy exploration company’s stock worth $1,692,000 after buying an additional 140 shares during the period. Finally, Cetera Investment Advisers raised its stake in EOG Resources by 2.1% during the 2nd quarter. Cetera Investment Advisers now owns 102,657 shares of the energy exploration company’s stock worth $12,921,000 after buying an additional 2,099 shares during the period. 89.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,000 shares of the stock in a transaction on Friday, August 9th. The stock was sold at an average price of $126.48, for a total value of $505,920.00. Following the transaction, the chief operating officer now directly owns 35,058 shares in the company, valued at approximately $4,434,135.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Michael P. Donaldson sold 11,037 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was 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 directly owns 74,250 shares in the company, valued at approximately $9,615,375. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jeffrey R. Leitzell sold 4,000 shares of the firm’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $126.48, for a total value of $505,920.00. Following the completion of the transaction, the chief operating officer now owns 35,058 shares in the company, valued at $4,434,135.84. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,537 shares of company stock worth $2,751,612. Insiders own 0.30% of the company’s stock.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th will be given a $0.91 dividend. The ex-dividend date is Thursday, October 17th. This represents a $3.64 dividend on an annualized basis and a yield of 2.99%. EOG Resources’s payout ratio is 28.75%.

About EOG Resources

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.