Scotiabank Comments on EOG Resources FY2026 Earnings

EOG Resources, Inc. (NYSE:EOG) – Research analysts at Scotiabank issued their FY2026 EPS estimates for shares of EOG Resources in a research note issued on Wednesday, January 8th. Scotiabank analyst P. Cheng expects that the energy exploration company will post earnings of $12.80 per share for the year. Scotiabank currently has a “Sector Perform” rating and a $140.00 price target on the stock. The consensus estimate for EOG Resources’ current full-year earnings is $11.47 per share.

Other analysts have also recently issued research reports about the stock. Benchmark reiterated a “hold” rating on shares of EOG Resources in a research note on Tuesday, November 12th. Citigroup boosted their price target on shares of EOG Resources from $127.00 to $134.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Barclays decreased their price target on shares of EOG Resources from $144.00 to $137.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 3rd. StockNews.com cut shares of EOG Resources from a “buy” rating to a “hold” rating in a research note on Friday, January 3rd. Finally, UBS Group decreased their target price on shares of EOG Resources from $167.00 to $154.00 and set a “buy” rating on the stock in a research report on Wednesday, September 18th. Thirteen equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $143.71.

EOG Resources Stock Up 0.6 %

Shares of EOG stock opened at $128.31 on Friday. The stock has a market cap of $72.17 billion, a P/E ratio of 10.33, a PEG ratio of 3.37 and a beta of 1.29. EOG Resources has a 52 week low of $108.94 and a 52 week high of $139.67. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is $127.76 and its two-hundred day simple moving average is $126.64.

Institutional Investors Weigh In On EOG Resources

Hedge funds and other institutional investors have recently bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new position in shares of EOG Resources in the third quarter worth $26,000. Eastern Bank purchased a new position in shares of EOG Resources in the third quarter worth $28,000. Capital Performance Advisors LLP purchased a new position in shares of EOG Resources in the third quarter worth $31,000. HM Payson & Co. increased its stake in shares of EOG Resources by 203.7% in the third quarter. HM Payson & Co. now owns 328 shares of the energy exploration company’s stock worth $40,000 after acquiring an additional 220 shares during the period. Finally, Matrix Trust Co acquired a new stake in shares of EOG Resources in the third quarter worth $43,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Insiders Place Their Bets

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $120.89, for a total value of $483,560.00. Following the completion of the sale, the chief operating officer now owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. This represents a 8.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Janet F. Clark sold 568 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $135.33, for a total transaction of $76,867.44. Following the completion of the sale, the director now directly owns 43,532 shares of the company’s stock, valued at $5,891,185.56. The trade was a 1.29 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.30% of the company’s stock.

EOG Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a $0.975 dividend. This is an increase from EOG Resources’s previous quarterly dividend of $0.91. This represents a $3.90 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend is Friday, January 17th. EOG Resources’s dividend payout ratio is currently 29.31%.

EOG Resources announced that its board has authorized a share buyback program on Thursday, November 7th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the energy exploration company to reacquire up to 7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

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.