--- title: "EOG Resources (NYSE:EOG) Announces Quarterly Earnings Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/294873886.md" description: "EOG Resources reported Q2 earnings of $5.07 per share, beating estimates by $0.10, with a 23.01% net margin and 19.25% ROE. Despite the beat, shares fell 1.5% amid 'sell-the-news' pressure after prior gains. Institutional investors increased stakes in Q4. Analyst ratings vary: Zacks downgraded to 'hold', Citigroup set a neutral rating with a $141 target, while RBC upgraded to 'outperform' with a $175 target." datetime: "2026-08-04T21:11:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294873886.md) - [en](https://longbridge.com/en/news/294873886.md) - [zh-HK](https://longbridge.com/zh-HK/news/294873886.md) generator: "portal-rs" --- # EOG Resources (NYSE:EOG) Announces Quarterly Earnings Results EOG Resources (NYSE:EOG - Get Free Report) posted its quarterly earnings results on Tuesday. The energy exploration company reported $5.07 earnings per share for the quarter, topping analysts' consensus estimates of $4.97 by $0.10, Zacks reports. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%. Get **EOG Resources** alerts: ## EOG Resources Stock Down 1.5% - Oil Could Dip, But These 3 Energy Stocks Still Look Built to Win Shares of NYSE EOG traded down $2.19 during mid-day trading on Tuesday, hitting $143.49. 2,906,628 shares of the stock traded hands, compared to its average volume of 4,388,739. EOG Resources has a 52 week low of $101.59 and a 52 week high of $151.87. The stock has a fifty day moving average price of $137.03 and a 200-day moving average price of $131.72. The company has a market cap of $76.43 billion, a price-to-earnings ratio of 14.12 and a beta of 0.25. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72. ## Institutional Investors Weigh In On EOG Resources A number of hedge funds have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. lifted its position in shares of EOG Resources by 17.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 10,275 shares of the energy exploration company's stock worth $1,079,000 after buying an additional 1,497 shares in the last quarter. Compound Planning Inc. raised its holdings in EOG Resources by 30.6% in the fourth quarter. Compound Planning Inc. now owns 7,283 shares of the energy exploration company's stock worth $765,000 after purchasing an additional 1,706 shares in the last quarter. Invesco Ltd. grew its stake in EOG Resources by 7.0% during the 4th quarter. Invesco Ltd. now owns 5,021,356 shares of the energy exploration company's stock worth $527,293,000 after buying an additional 327,477 shares during the last quarter. Axxcess Wealth Management LLC raised its position in shares of EOG Resources by 15.4% in the 4th quarter. Axxcess Wealth Management LLC now owns 24,996 shares of the energy exploration company's stock valued at $2,625,000 after purchasing an additional 3,330 shares during the last quarter. Finally, Alberta Investment Management Corp boosted its stake in shares of EOG Resources by 153.3% in the fourth quarter. Alberta Investment Management Corp now owns 49,400 shares of the energy exploration company's stock worth $5,187,000 after buying an additional 29,900 shares during the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors. ## EOG Resources News Roundup - 3 Energy Stocks With Cheap Valuations and Big Returns Ahead Here are the key news stories impacting EOG Resources this week: - Positive Sentiment: **EOG exceeded earnings expectations.** Second-quarter 2026 earnings were $5.07 per share, $0.10 above the analyst consensus of $4.97. The company also posted a 23.01% net margin and 19.25% return on equity, reinforcing its strong profitability. EOG Resources Reports Second Quarter 2026 Results - Positive Sentiment: **Analysts had been forecasting significant growth.** Expectations before the report called for quarterly earnings to more than double year over year, with revenue projected near $7.95 billion, supported by crude oil, natural gas liquids and gathering, processing and marketing operations. How Bullish 2026 Earnings Forecasts At EOG Resources Has Changed Its Investment Story - Neutral Sentiment: **Wall Street remains cautiously constructive.** Analysts’ average recommendation is “Moderate Buy,” although EOG has outperformed the S&P 500 while trailing some energy-sector peers. EOG Resources Receives Average Recommendation of Moderate Buy - Negative Sentiment: **The earnings beat may have been largely anticipated.** EOG shares had gained 11.39% over the prior 30 days and 35.81% year to date, while analysts had recently trimmed their consensus EPS estimate. That combination can create “sell-the-news” pressure when results only modestly exceed expectations. EOG Resources Draws Interest on Earnings Growth Hopes ## Wall Street Analyst Weigh In EOG has been the topic of several recent analyst reports. Zacks Research lowered EOG Resources from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 27th. Citigroup dropped their target price on EOG Resources from $147.00 to $141.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 8th. Royal Bank Of Canada boosted their target price on EOG Resources from $138.00 to $175.00 and gave the stock an "outperform" rating in a report on Wednesday, April 8th. Wolfe Research upped their target price on EOG Resources from $152.00 to $154.00 and gave the company an "outperform" rating in a research report on Monday, April 6th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of EOG Resources from $148.00 to $142.00 and set a "neutral" rating for the company in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $155.57. - 5 S&P 500 Dividend Stocks Set to Reward Investors **View Our Latest Report on EOG** ## About EOG Resources (Get Free Report) EOG Resources, Inc NYSE: EOG is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs). As an upstream-focused company, EOG's core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production. ## Featured Articles - Five stocks we like better than EOG Resources - System Upgrade: First Internet Bancorp Options Surge - AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push - The AI Chip Blockade Is Creating a Shadow Market - Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in EOG Resources Right Now? Before you consider EOG Resources, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EOG Resources wasn't on the list. While EOG Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [EOG.US](https://longbridge.com/en/quote/EOG.US.md) - [TROW.US](https://longbridge.com/en/quote/TROW.US.md) - [IVZ.US](https://longbridge.com/en/quote/IVZ.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [RY.US](https://longbridge.com/en/quote/RY.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [EOG Resources (EOG) Receives a Rating Update from a Top Analyst](https://longbridge.com/en/news/296817936.md) - [West Family Investments Inc. Buys Shares of 7,000 EOG Resources, Inc. $EOG](https://longbridge.com/en/news/296470099.md) - [EOG Resources announces R$ 0.35 per unit dividend, payable Nov. 6](https://longbridge.com/en/news/296635981.md) - [MidFirst Bank Makes New $4.63 Million Investment in EOG Resources, Inc. $EOG](https://longbridge.com/en/news/296212493.md) - [EOG Resources Inc. Stock Underperforms Monday When Compared To Competitors](https://longbridge.com/en/news/296827230.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**