EOG Resources, Inc. (EOG) earnings on August 4, 2026
More EOG Resources, Inc. earnings
Prior outlook: Optimistic Outcome: Missed
EOG Resources beat profit and sales estimates, but the stock fell 6.4% to an intraday low, despite a pre-event long reads.
EOG price around the earnings
134.23
Change: -6.4%
2026-08-05, 20:00 UTC
Start of the measured window
End of the measured window
134.08
137.62
141.16
144.70
143.39
August 4, 2026
August 4, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
- Thesis published
- Results released
Strong recent earnings beat record supports optimistic setup; 10.4% upside with trajectory volatility suggests moderate risk.
Context analyzed before publication
- Trend
- Score ranged 39.5-57.5 over 5 days — trajectory volatile but elevated; moderate sell-the-news risk into event.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.17
- Analysts covering the stock
- 27
- Average price target
- 158.33
- Lowest price target
- 127
- Highest price target
- 196
- Upside to price target
- 10.4%
- Quarterly earnings growth
- 35.3%
- Revenue growth
- 15.6%
- Forward EPS
- 14.73
- Trailing EPS
- 9.96
- Analyst moves in the last 60 days
- 6
- Strong buy: 1
- Buy: 12
- Hold: 17
- Sell: 0
- Strong sell: 0
- Strong buy
- 1
- Buy
- 12
- Hold
- 17
- Sell
- 0
- Strong sell
- 0
- July 21, 2026 · Susquehanna: Maintains rating (Positive → Positive)
- July 9, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
- July 2, 2026 · UBS: Maintains rating (Buy → Buy)
- July 2, 2026 · Jefferies: Maintains rating (Buy → Buy)
- July 1, 2026 · Truist Securities: Maintains rating (Hold → Hold)
- June 29, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (2)
- Susquehanna Maintains Positive on EOG Resources, Raises Price Target to $170 (opens in a new tab) — Benzinga
- Citigroup Maintains Neutral on EOG Resources, Lowers Price Target to $141 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 145.68
- Average true range (ATR)
- 2.7%
- Distance to 52-week high
- -3.5%
- 14-day change (14d)
- +3.3%
- 30-day change (32d)
- +11.3%
- 30-day relative strength
- +9.6%
- SPY change (32d)
- +1.7%
- Nearest support
- 145.29
- Distance to nearest support
- 0.3%
- Nearest resistance
- 146.94
- Distance to nearest resistance
- 0.9%
- Volume accumulation ratio (14d / 46d)
- 0.75
- Mid: 145.29 (0.3% away, 0.1 ATR, 11 touches)
- Mid: 143.75 (1.3% away, 0.49 ATR, 25 touches)
- Mid: 142.46 (2.2% away, 0.82 ATR, 16 touches)
- Mid: 146.94 (0.9% away, 0.32 ATR, 17 touches)
- Minor: 148.17 (1.7% away, 0.63 ATR, 2 touches)
- Minor: 149.47 (2.6% away, 0.96 ATR, 3 touches)
Trends
Evidence
- Average earnings surprise
- +6.4%
- May 5, 2026: actual EPS 3.41 vs estimate 3.21 (surprise +6.2%)
- February 24, 2026: actual EPS 2.27 vs estimate 2.2 (surprise +3.4%)
- November 6, 2025: actual EPS 2.71 vs estimate 2.45 (surprise +10.8%)
- August 7, 2025: actual EPS 2.32 vs estimate 2.2 (surprise +5.2%)
Expected move
- Implied move
- +2.6%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 2.7%
- 75th percentile move
- 4.4%
- 90th percentile move
- 6.1%
- Up / down moves
- 8 / 12
- Average up move
- +3.9%
- Average down move
- -1.9%
Monitoring and close
What EOG Resources, Inc. reported
- Status
- Finished
| Actual EPS | 5.07 |
|---|---|
| EPS estimate | 5.01 |
| EPS surprise | +1.2% |
| Revenue | $8,620 million |
| Revenue estimate | $7,793 million |
| Revenue surprise | +10.6% |
EOG Resources beat expectations in Q2 2026, with adjusted earnings of $5.07 per share and sales of $8.62 billion, surpassing forecasts.
Sources (4)
- EOG Resources (EOG) Beats Q2 Earnings and Revenue Estimates (opens in a new tab) — Zacks
- EOG beat expectations with adjusted earnings of $5.07 per share and sales of $8.62 billion, above forecasts. — Benzinga
- EOG Resources Q2 Adj. EPS $5.07 Beats $5.01 Estimate, Sales $8.620B Beat $7.793B Estimate (opens in a new tab) — Benzinga
- EOG Resources Reports Second Quarter 2026 Results (opens in a new tab) — Yahoo
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +0.3% pre-market, a move below the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -6.4%
- Max favorable move (MFE)
- 0.7%
- Max adverse move (MAE)
- 6.5%