EOG Resources Q3 EPS Boosted by Capital One Financial

EOG Resources, Inc. (NYSE:EOG) – Stock analysts at Capital One Financial upped their Q3 2026 earnings per share (EPS) estimates for EOG Resources in a report released on Tuesday, November 11th. Capital One Financial analyst P. Johnston now expects that the energy exploration company will post earnings of $2.54 per share for the quarter, up from their prior forecast of $2.51. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share. Capital One Financial also issued estimates for EOG Resources’ Q4 2026 earnings at $2.60 EPS and FY2027 earnings at $10.79 EPS.

A number of other equities research analysts have also recently issued reports on EOG. Susquehanna upped their price objective on EOG Resources from $156.00 to $170.00 and gave the stock a “positive” rating in a research note on Wednesday, July 23rd. Siebert Williams Shank reduced their price target on EOG Resources from $155.00 to $145.00 and set a “buy” rating for the company in a report on Monday, October 13th. Mizuho cut their price objective on EOG Resources from $140.00 to $133.00 and set a “neutral” rating for the company in a research report on Monday, September 15th. Wolfe Research decreased their target price on EOG Resources from $139.00 to $138.00 and set an “outperform” rating on the stock in a report on Wednesday, October 1st. Finally, Evercore ISI raised their price target on EOG Resources from $141.00 to $149.00 and gave the company an “outperform” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $140.72.

EOG Resources Price Performance

EOG Resources stock opened at $109.32 on Wednesday. The company has a current ratio of 1.79, a quick ratio of 1.61 and a debt-to-equity ratio of 0.12. EOG Resources has a 1 year low of $102.52 and a 1 year high of $138.18. The firm has a market capitalization of $59.69 billion, a P/E ratio of 10.62, a PEG ratio of 8.20 and a beta of 0.72. The business has a 50-day moving average of $111.65 and a 200-day moving average of $115.55.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, November 6th. The energy exploration company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.29. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%.The business had revenue of $5.85 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same period last year, the firm earned $2.89 earnings per share. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year.

Hedge Funds Weigh In On EOG Resources

Several institutional investors have recently bought and sold shares of the company. Kiker Wealth Management LLC bought a new position in shares of EOG Resources during the 2nd quarter valued at $627,000. Vanguard Personalized Indexing Management LLC lifted its stake in shares of EOG Resources by 9.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 61,742 shares of the energy exploration company’s stock valued at $7,386,000 after purchasing an additional 5,156 shares during the period. Canada Pension Plan Investment Board lifted its stake in shares of EOG Resources by 30.1% in the first quarter. Canada Pension Plan Investment Board now owns 195,782 shares of the energy exploration company’s stock worth $25,107,000 after buying an additional 45,295 shares in the last quarter. Jump Financial LLC bought a new position in shares of EOG Resources during the first quarter valued at $2,796,000. Finally, FORA Capital LLC purchased a new stake in EOG Resources during the first quarter valued at $472,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, January 16th. EOG Resources’s dividend payout ratio (DPR) is 40.64%.

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.