EOG Resources Earnings Preview: What to Expect

Core Insights - EOG Resources, Inc. is set to announce its third-quarter results on November 6, with analysts expecting an adjusted profit of $2.43 per share, a decrease of 15.9% from the previous year's $2.89 per share [2] - For the full fiscal year 2025, EOG is projected to deliver an adjusted EPS of $10.02, down 13.8% from $11.62 in 2024, but is expected to see a 4.3% growth in 2026 to $10.45 per share [3] - EOG's stock has declined by 15.1% over the past 52 weeks, underperforming the Energy Select Sector SPDR Fund's 2.8% decline and the S&P 500 Index's 14.5% return during the same period [4] Financial Performance - In Q2, EOG's overall topline dropped 9.1% year-over-year to $5.5 billion, yet it exceeded market expectations by 30 basis points [5] - The adjusted EPS for Q2 was $2.32, reflecting a 26.6% year-over-year decline, but it surpassed consensus estimates by nearly 5% [5] Analyst Ratings - The consensus opinion on EOG is cautiously optimistic, with a "Moderate Buy" rating; among 32 analysts, there are 12 "Strong Buys," 2 "Moderate Buys," and 18 "Holds" [6] - The mean price target for EOG is $138.97, indicating a 30.8% premium to current price levels [6]