EOG

EOG Resources is highlighted as a top growth stock pick with a Zacks Rank #1 (Strong Buy) and Growth Score of B. The company demonstrates exceptional earnings growth of 72% expected this year versus industry average of 45.6%, efficient asset utilization with an S/TA ratio of 0.51 compared to industry average of 0.36, and positive earnings estimate revisions with a 3.5% surge over the past month.

EOG Resources is highlighted as a strong momentum pick with a Zacks Rank #1 (Strong Buy) rating and Momentum Style Score of B. The oil and gas exploration company has significantly outperformed its industry and the broader market, with shares up 48.76% over the past year compared to the S&P 500's 16.73%. Recent earnings estimate revisions have been positive, with 7 upward revisions in the past two months boosting the consensus estimate from $16.22 to $17.48.

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings and strong momentum characteristics: Apogee Enterprises (architectural products), Canadian Natural Resources (oil and gas exploration), and EOG Resources (crude oil and natural gas). All three have shown outperformance compared to the S&P 500 over the last three months, with earnings estimate increases ranging from 1.2% to 13.9% over the past 60 days.

The Permian Basin continues to be central to U.S. oil production, with major operators leveraging advanced drilling technologies, longer laterals, and improved well completions to boost productivity and reduce costs. EOG Resources, ExxonMobil, Diamondback Energy, and Chevron are all reporting strong operational improvements, production growth, and enhanced cash flow generation in the region.

With crude oil prices surging 77-80% year-to-date due to geopolitical tensions in the Middle East, five major oil exploration and production companies are recommended as strong investment opportunities. Chevron, ExxonMobil, EOG Resources, Diamondback Energy, and ConocoPhillips are highlighted for their record production, operational efficiency, low-cost assets, and strong cash flow generation.

EOG Resources (EOG) has been added to the Zacks Rank #1 (Strong Buy) list as of October 17, 2026. The oil and gas exploration company saw seven analysts revise earnings estimates higher in the last 60 days, with consensus estimates increasing to $17.48 per share.

EOG is projected to see 72.1% earnings growth and 35.4% revenue growth for fiscal 2026, with a 6.7% average earnings surprise. The stock has gained 9.6% over the past four weeks, outperforming the S&P 500's 1.5% gain.

The article highlights two oil and energy stocks with positive Earnings Surprise Prediction (ESP) figures that are expected to beat analyst earnings estimates. EOG Resources holds a Strong Buy rating with a +0.59% ESP ahead of its November 5, 2026 earnings release, while CVR Energy also has a Strong Buy rating with a +18.41% ESP before reporting on November 4, 2026. Both stocks show strong potential for positive earnings surprises based on recent analyst revisions.

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings as of October 19th: Valero Energy (VLO), an energy company with 27.5% earnings estimate increase; Sendas Distribuidora (ASAIY), a retail/wholesale distributor with 3.2% earnings growth; and EOG Resources (EOG), an oil and gas exploration company with 7.8% earnings estimate increase. All three stocks feature favorable PEG ratios and strong growth scores.

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings and strong value characteristics: Versant Media Group (VSNT) with a P/E of 7.76 and Value Score A, Sendas Distribuidora (ASAIY) with a P/E of 9.71 and Value Score A, and EOG Resources (EOG) with a P/E of 9.04 and Value Score B. All three have seen positive earnings estimate revisions over the last 60 days.

EOG Resources is featured as a stock to watch with a #3 (Hold) Zacks Rank and an A-rated VGM Score. The oil and gas exploration company has shown positive momentum with shares up 0.7% over four weeks, seven analyst earnings estimate revisions higher for fiscal 2026, and a consensus estimate increase to $17.07 per share. The company demonstrates strong momentum and value characteristics despite its Hold rating.

EOG Resources has demonstrated a strong track record of beating earnings estimates, with an average beat of 6.14% over the last two quarters. The company currently has a positive Earnings ESP of +0.76% combined with a Zacks Rank #3 (Hold), suggesting a high probability of another earnings beat in its November 5, 2026 report. Stocks with this combination historically beat consensus estimates nearly 70% of the time.

SLB is set to report Q3 2026 earnings on October 23 with a projected 10.1% earnings decline to 62 cents per share, despite a 4.04% revenue increase. While higher oil prices may support demand for oilfield services, the company's negative Earnings ESP of -1.45% suggests caution about beating expectations. The company has beaten estimates in four consecutive quarters.

Zacks has added five stocks to its Rank #1 (Strong Buy) list based on increasing earnings consensus estimates over the last 60 days. The stocks span insurance, architectural products, energy exploration, blockchain infrastructure, and retail distribution sectors.

Kinder Morgan (KMI) is set to report Q3 2026 earnings on Oct. 21 with EPS expected to rise 13.8% to 33 cents and revenues projected to climb 5.7% to $4.38 billion. The company's stable, fee-based business model and strong natural gas demand from LNG exports and industrial use are expected to drive performance. KMI has a positive Earnings ESP of +1.52% but carries a Zacks Rank #3.

ExxonMobil maintains a strong financial position with a low debt-to-capitalization ratio of 13.73%, providing flexibility to weather oil and gas price fluctuations. The company's robust balance sheet enables favorable borrowing, acquisitions, and shareholder returns during downturns. XOM shares gained 55.6% over the past year, outperforming the industry average of 54.6%, and currently carries a Zacks Rank #2 (Buy) rating.

Murphy Oil announced an oil discovery at Lac Da Trang North-1X offshore Vietnam and began production from Chinook #8 in the Gulf of America. The company also reported successful appraisal results in Cote d'Ivoire. These developments are expected to increase production capacity, expand the resource base, and strengthen future cash flow, with Lac Da Vang expected to reach peak production of 10,000-15,000 BOED in 2028-2029.

ExxonMobil (XOM) demonstrates financial strength with a low debt-to-capitalization ratio of 13.73%, enabling it to weather oil and gas price volatility and pursue strategic opportunities. The company's shares gained 43.9% over the past year, outperforming the industry average of 41.9%, though it trades at a higher valuation multiple than peers.

ExxonMobil is expanding oil and gas production from its low-cost, high-return assets in Guyana and the Permian Basin, leveraging new drilling techniques to enhance recovery. The company targets sustainable cash flows through production growth and cost reductions, while maintaining shareholder returns via dividends and buybacks. At current oil prices around $90/barrel, XOM's upstream business is well-positioned for profitability.