EOG Resources, IncNYSE: EOG
Energy · Oil & Gas Exploration & Production
$139.11
-1.04%
Vol: 2.0M
Research Digest
Friday, May 1, 2026
EOG Resources poised for strong Q1; Capital One raises PT to $161.
EOG Resources scheduled Q1 2026 results May 6, 2026. Analysts forecast 6.3% YoY EPS increase and 9.3% revenue rise, with positive Earnings ESP +7.62%. Capital One Financial increased PT from $130 to $161 with Overweight rating. Stock at $140.45 with market cap $75.31B, P/E 15.25, 2.9% dividend yield. According to 24 analysts, average rating Buy with 12-month PT $147.0 (10.42% upside).
Previous Market Intelligence
13 daysApr 30EOG Resources declared $1.02 quarterly dividend and poised for Q1 2026 earnings report on May 6.Positive▶
EOG Resources declared a quarterly dividend of $1.02 per share payable April 30. The company will report Q1 2026 results on May 6 with analysts expecting a 6.3% year-over-year increase in EPS. Scotiabank lifted FY2026 EPS estimates for EOG in late April. Morgan Stanley raised its price target to $155 from $128. The company announced a $6.5 billion 2026 capital plan targeting flat oil production versus Q4 2025 and 5% year-over-year oil growth with 13% total production growth. Free cash flow at midpoint strip pricing is targeted at $4.5 billion. 24 analysts rate EOG as Buy with 12-month price target of $147.
Apr 16Wells Fargo raises EOG Resources price target to $199; strong oil price momentumPositive▶
Wells Fargo raised EOG Resources price target to $199 from $155 on April 8, 2026. Roth MKM increased its price target from $110 to $134 on April 15 and maintained neutral rating. Citigroup decreased its price target from $150 to $142 while maintaining neutral. EOG is experiencing strong momentum driven by elevated oil prices and solid operational track record. According to 23 analysts, the average rating for EOG stock is Buy with 12-month price target of $147.76, representing 8.5% upside. EOG Q1 2026 webcast scheduled for May 6, 2026.
Apr 15EOG Resources raises Q1 tax expense guidance 96% to $500-600M on higher realized crude prices from Middle East geopolitical events.Positive▶
EOG Resources revised Q1 2026 tax expense guidance upward significantly to $500-600M (from $230-330M) due to higher realized crude oil prices driven by Middle East tensions. Wells Fargo raised price target to $199 with Overweight rating, while Jefferies raised target to $170. Q1 results conference call scheduled May 6. Company maintains $6.5B 2026 capital plan targeting 5% YoY oil growth.
Apr 14EOG Resources nearly doubles Q1 2026 tax guidance to $500-600M on surging crude oil prices, signaling record profitability.Positive▶
EOG Resources raised Q1 2026 tax expense guidance from $230-330M to $500-600M on April 9, reflecting stronger profitability from higher crude prices averaging $72.17/barrel. Wells Fargo lifted target from $155 to $199; Wolfe Research raised to $154; Jefferies to $170; BMO to $160. Quarterly dividend of $1.02 declared with ex-date April 16.
Apr 13EOG Resources raises Q1 2026 tax guidance 96% to $500-600M on surge in crude prices from Middle East geopolitical tensions.Positive▶
EOG Resources lifted Q1 2026 current tax expense guidance from $230-330M to $500-600M, signaling significantly higher pre-tax income. The dramatic revision reflects robust appreciation in energy prices during Q1 driven by Middle East geopolitical conflict. Wells Fargo raised price target from $155 to $199 on April 10. Wolfe Research increased target from $152 to $154 with Outperform rating.
Apr 10EOG raised Q1 2026 current tax expense guidance to $500-600M from $230-330M due to stronger crude prices.Positive▶
EOG Resources updated Q1 2026 current tax expense guidance to $500M-$600M from $230M-$330M on April 9, driven by stronger crude prices and Middle East conflict. Multiple analysts raised price targets: Wells Fargo to $199, RBC to $175, Mizuho to $147, Piper Sandler to $147. Stock trading at $144.23, up 39% YoY. Company reported Q4 EPS $2.27 exceeding forecast.
Apr 9Wells Fargo raises EOG Resources price target to $199 from $155; Q1 earnings May 6Positive▶
Wells Fargo raised EOG Resources' price target to $199 from $155, reflecting improved analyst sentiment on the energy company. EOG reported Q1 EPS of 2.27 on revenue of $5.64 billion in early April 2026. Recent analyst activity includes Piper Sandler and Mizuho lifting their price targets while maintaining Neutral stances. Zacks Research lowered Q3 2026 EPS estimates on April 6 following mixed 2025 results. The company returned all 2025 free cash flow to shareholders and declared a $1.02 quarterly dividend payable April 30, 2026. EOG will host a conference call and webcast to discuss Q1 2026 results on May 6, 2026 at 9:00 a.m. The stock was trading at $139.05 as of April 8.
Apr 8EOG Resources sees analyst upgrades amid operational challengesPositive▶
EOG Resources is experiencing mixed signals with multiple analyst price target increases while managing operational challenges and insider selling. The energy company benefits from strong cash flow narratives and recent analyst upgrades from Piper Sandler and Mizuho, with price targets ranging from $115 to $153.
Apr 7EOG Resources Q4 earnings beat and acquired Encino assets, returned $14B to shareholders 2023-2025Positive▶
EOG Resources reported Q4 EPS of $2.27 beating $2.22 forecast, though revenue of $5.64B missed $5.78B estimate. Company expanded portfolio in 2025 via Encino acquisition and Eagle Ford acreage increase. Generated $4.7B free cash flow in 2025 and returned all via dividends and buybacks. Stock up 9.1% over last 30 days and 30.9% YTD. Next earnings due May 5, 2026. 23 analysts rate Buy with $145.67 target, 2.23% upside.
Apr 6EOG Resources Q1 2026 webcast scheduled for May 6; stock up 30.9% year-to-dateNeutral▶
EOG Resources has scheduled its First Quarter 2026 webcast and results for Wednesday, May 6, 2026 at 10:00am EDT. The stock has gained 9.1% over the last 30 days and 30.9% year-to-date, with a 1-year return of 12.0%. Analysts show mixed sentiment with price targets ranging from $115 to $153. Recent developments including a well pad explosion and credit line expansion may influence investor sentiment heading into earnings.
Apr 3EOG Resources beats Q4 earnings estimates and announces May 6 Q1 2026 results call; multiple brokerages raise price targets.Positive▶
EOG Resources beat Q4 2025 estimates with EPS of $2.27 (vs $2.20 consensus) and revenue of $5.64 billion. Stephens issued positive price target of $170. The company announced Q1 2026 results will be presented May 6. EOG's Encino acquisition adds Utica shale position with strong operational synergies. Stock is up 37.49% year-to-date.
Apr 2EOG Resources Q4 2025 earnings beat; multiple analyst price target raises including BMO to $160 and Stephens to $170.Positive▶
EOG Resources reported Q4 2025 EPS of $2.27 (beat consensus of $2.20) with revenue of $5.64B. BMO Capital Markets raised price target from $140 to $160 with outperform rating, while Stephens raised to $170 and others followed. Dividend of $1.02 payable April 30. Executive Vice President Jeffrey Leitzell sold 5,698 shares on March 31 at $150.32 per share. Analyst consensus is Buy with average price target of $145.67 (2.23% upside from current $143.49).
Apr 1EOG Resources beat Q4 2025 earnings estimates with EPS of $2.27; Mizuho raised price target to $147 on strong EBITDA outlook.Positive▶
EOG Resources beat fourth-quarter expectations with EPS of $2.27, though revenue of $5.64 billion came in below estimates. Mizuho raised its price target to $147, expecting Q1 2026 EBITDA and free cash flow to exceed Street consensus by 8% and 18% respectively. Stock has appreciated 44.1% year-to-date.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| COPCONOCOPHILLIPS | $123.50 | -1.81% | -4.5% | 14.8x | 0.19 | $153.3B |
| EOGEOG | $139.11 | -1.04% | -1.7% | 9.9x | 0.33 | $75.3B |
| OXYOCCIDENTAL | $58.75 | -3.03% | -3.8% | 16.9x | 0.23 | $60.1B |
| FANGDIAMONDBACK | $207.50 | +0.91% | +5.8% | 12.0x | 0.49 | $57.8B |
| EQTEQT | $58.76 | -2.21% | -0.5% | 12.9x | 0.69 | $37.6B |
| DVNDEVON | $50.68 | -1.34% | +3.5% | 9.6x | 0.53 | $31.9B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.