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Will EOG Resources (EOG) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-17 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider EOG Resources (EOG) . This company, which is in the Zacks Oil and Gas - Exploration and Production - United States industry, shows potential for another earnings beat.This oil and gas company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an aver ...
Strength Seen in EOG Resources (EOG): Can Its 8.7% Jump Turn into More Strength?
ZACKS· 2025-04-10 16:55
Company Overview - EOG Resources (EOG) shares increased by 8.7% to close at $114.05, following a significant trading volume compared to normal sessions, despite a 15.7% loss over the past four weeks [1] - The company's financial performance is closely linked to oil and gas prices, which have recently seen a rise due to broader market movements [2] Market Context - Oil prices rose nearly $3 per barrel, while natural gas prices increased by almost 10%, contributing to the stock's surge [2] - The rally in oil prices was influenced by President Trump's decision to implement a 90-day pause on "reciprocal" tariffs for most countries, although a reduced tariff rate of 10% remains in place amid ongoing U.S.-China trade tensions [2] Earnings Expectations - EOG Resources is expected to report quarterly earnings of $2.76 per share, reflecting a year-over-year decline of 2.1%, with revenues projected at $5.88 billion, down 4% from the previous year [3] - The consensus EPS estimate for EOG has been revised 6% lower over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Industry Comparison - EOG Resources is part of the Zacks Oil and Gas - Exploration and Production - United States industry, where another company, APA, saw a 19.1% increase in its stock price, closing at $16.71, despite a -26.9% return over the past month [4] - APA's consensus EPS estimate has changed by -10.2% over the past month to $0.80, representing a 2.6% increase from the previous year [5]
EOG Resources: The Smartest Way To Play The Oil Recovery
Seeking Alpha· 2025-04-09 15:38
Core Insights - The article emphasizes the distinction between price and value in investment decisions, suggesting that true value is what investors should focus on rather than just the price they pay [1] Investment Strategies - A recommendation is made to save 10% of income consistently, regardless of the amount, highlighting the importance of paying oneself first [1] - Investors are advised to focus on their competitive advantages when choosing sectors for investment, suggesting that individuals should invest in areas where they have expertise [1] - The article discourages trading in favor of long-term investing, advocating for a strategy where investments are held until the original thesis is invalidated [1] - It is suggested that individuals should pursue what they love rather than solely focusing on high financial returns, as this can lead to greater long-term satisfaction [1]
Can EOG & COP Weather the Tariff-Induced Market Uncertainty?
ZACKS· 2025-04-09 14:01
Oil prices have recently fallen to their lowest level in over four years, with the price of West Texas Intermediate crude currently trading below $57 per barrel. Concerns about slowing energy demand due to the escalating trade war between the United States and China are weighing on the price of the commodity. Amid the ongoing uncertainty and low commodity pricing scenario, can upstream majors like EOG Resources Inc (EOG) and ConocoPhillips (COP) weather the storm? Low Breakeven Cost & Strong Balance Sheet t ...
EOG Resources Schedules Conference Call and Webcast of First Quarter 2025 Results for May 2, 2025
Prnewswire· 2025-03-18 20:15
HOUSTON, March 18, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss first quarter 2025 results on Friday, May 2, 2025, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.    If you have any questions, please contact Angie Lewis at 713-651-6722.About EOGEO ...
EOG Resources Eyes Gas Exploration Opportunity in Bahrain
ZACKS· 2025-03-13 15:50
EOG Resources Inc. (EOG) , a leading global exploration and production company, has partnered with Bahrain’s state-owned integrated energy firm Bapco Energies for the exploration of a gas prospect that is anticipated to hold significant potential. This move should help EOG expand its upstream operations in the Middle East.The companies intend to assess a gas exploration prospect in Bahrain, supporting the Kingdom’s National Energy Strategy. The National Energy Strategy promotes the development of new energy ...
Here's Why EOG Resources is an Attractive Investment Bet Now
ZACKS· 2025-03-07 14:30
EOG Resources, Inc. (EOG) , a leading exploration and production company, has witnessed three upward earnings estimate revisions for 2025 in the past seven days.Factors Working in Favor of EOGWest Texas Intermediate crude is trading above the $65 per barrel mark, which is still favorable for upstream operations. EOG Resources, currently carrying a Zacks Rank #2 (Buy), is well-placed to capitalize on the promising business scenario. It has significant undrilled premium locations, resulting in a brightened pr ...
EOG Resources(EOG) - 2024 Q4 - Earnings Call Transcript
2025-02-28 18:30
EOG Resources, Inc. (NYSE:EOG) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Pearce Hammond - Vice President, Investor Relations Ezra Yacob - Chairman and Chief Executive Officer Ann Janssen - Executive Vice President and Chief Financial Officer Jeff Leitzell - Executive Vice President and Chief Operating Officer Keith Trasko - Senior Vice President, Exploration and Production Lance Terveen - Senior Vice President, Marketing and Midstream Conference Call Participants Ne ...
EOG Resources(EOG) - 2024 Q4 - Earnings Call Presentation
2025-02-28 15:13
4Q 2024 Earnings Presentation Pearce Hammond, Vice President IR (713) 571-4684, phammond@eogresources.com Neel Panchal, Senior Director IR (713) 571-4884, npanchal@eogresources.com Shelby O'Connor, Manager IR (713) 571-4560, soconnor@eogresources.com Sustainable Value Creation Through Industry Cycles EOG is focused on being among the highest return and lowest cost producers, committed to strong environmental performance and playing a significant role in the long-term future of energy Capital Discipline Oper ...
EOG Q4 Earnings Beat Estimates on Oil Equivalent Production Hike
ZACKS· 2025-02-28 15:00
EOG Resources, Inc. (EOG) reported fourth-quarter 2024 adjusted earnings per share of $2.74, which beat the Zacks Consensus Estimate of $2.55. However, earnings decreased from the year-ago quarter’s $3.07.Total quarterly revenues of $5.59 billion missed the Zacks Consensus Estimate of $5.89 billion. The top line declined from $6.36 billion in the prior-year quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Better-than-expected quarterly earnings were driven by higher oil-equival ...