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

EOG Resources, Inc. (NYSE:EOG) – Equities researchers at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for EOG Resources in a research note issued to investors 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 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.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $3.16 earnings per share (EPS) 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 period in the prior year, the firm posted $2.49 EPS. The business’s quarterly revenue was up 8.1% compared to the same quarter last year.

Several other equities analysts have also issued reports on the company. Morgan Stanley dropped their price objective on EOG Resources from $134.00 to $132.00 and set an “equal weight” rating on the stock in a report on Monday. Piper Sandler lowered their target price on shares of EOG Resources from $154.00 to $147.00 and set an “overweight” rating on the stock in a research report on Thursday, August 15th. StockNews.com downgraded shares of EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday. Scotiabank decreased their price target on shares of EOG Resources from $155.00 to $150.00 and set a “sector perform” rating for the company in a research note on Friday, July 12th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $147.00 price target on shares of EOG Resources in a research report on Wednesday, July 10th. Fourteen analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $143.58.

EOG Resources Stock Up 1.2 %

Shares of NYSE:EOG opened at $123.19 on Monday. The company has a current ratio of 2.12, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11. The firm has a 50 day simple moving average of $125.80 and a 200-day simple moving average of $126.44. The company has a market capitalization of $70.80 billion, a PE ratio of 9.73, a P/E/G ratio of 2.95 and a beta of 1.28. EOG Resources has a twelve month low of $108.94 and a twelve month high of $139.67.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date is Thursday, October 17th. EOG Resources’s payout ratio is currently 28.75%.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of the business’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 directly owns 35,058 shares of the company’s stock, valued at $4,434,135.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,000 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $126.48, for a total transaction of $505,920.00. Following the sale, the chief operating officer now directly owns 35,058 shares of the company’s stock, valued at approximately $4,434,135.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael P. Donaldson sold 11,037 shares of EOG Resources stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $129.50, for a total transaction of $1,429,291.50. Following the sale, the executive vice president now 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 90 days, insiders have sold 21,537 shares of company stock worth $2,751,612. 0.30% of the stock is owned by insiders.

Hedge Funds Weigh In On EOG Resources

Several large investors have recently added to or reduced their stakes in the business. Capital World Investors increased its stake in shares of EOG Resources by 59.2% during the 4th quarter. Capital World Investors now owns 25,420,916 shares of the energy exploration company’s stock valued at $3,074,660,000 after acquiring an additional 9,455,621 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in EOG Resources by 26.3% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,948,119 shares of the energy exploration company’s stock worth $598,475,000 after purchasing an additional 1,029,727 shares during the last quarter. Capital International Investors raised its stake in EOG Resources by 7.1% during the first quarter. Capital International Investors now owns 11,564,463 shares of the energy exploration company’s stock worth $1,478,401,000 after purchasing an additional 766,056 shares during the period. Legal & General Group Plc boosted its holdings in shares of EOG Resources by 9.1% in the 2nd quarter. Legal & General Group Plc now owns 4,840,705 shares of the energy exploration company’s stock valued at $609,300,000 after purchasing an additional 403,676 shares during the last quarter. Finally, Capital Research Global Investors grew its stake in shares of EOG Resources by 1.3% during the 1st quarter. Capital Research Global Investors now owns 28,889,715 shares of the energy exploration company’s stock valued at $3,693,261,000 after buying an additional 373,365 shares during the period. 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.