EOG Resources raises tax guidance: EOG Resources stock gains 1.30 percent
Published on 10/19/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCash returns and upcoming dates
- EOG lifted third-quarter tax guidance to USD 835 million to USD 935 million on October 8, 2026.
- Second-quarter 2026 adjusted free cash flow reached USD 2.8 billion, while 2026 capital spending stayed at USD 6.5 billion.
- EOG Resources stock trades at EUR 139.75 at 10:03 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.30 percent above the Xetra close of October 16, 2026 at EUR 137.95.
EOG Resources raises its third-quarter tax guidance to USD 835 million to USD 935 million, and EOG Resources stock gains 1.30 percent against the Xetra close. Gekko reported the guidance change on October 17, 2026, citing higher crude oil prices.
Tax costs rise with oil prices
The updated tax range compares with the earlier USD 545 million to USD 645 million forecast. That is a USD 290 million increase at both ends of the range, raising the near-term cash tax burden as realized oil prices improve.
EOG's second-quarter 2026 revenue reached USD 8.62 billion, up 57.40 percent from the year-earlier quarter, while net income rose 102.50 percent to USD 2.72 billion. MarketBeat said the company reported adjusted earnings per share of USD 5.07 against a USD 4.97 consensus estimate.
What does the update mean for cash flow?
Management still expects the 2026 plan to generate USD 8.00 billion in free cash flow at strip pricing and guidance midpoints, with capital expenditures unchanged at USD 6.50 billion. In its second-quarter earnings call, Benzinga reported that EOG returned USD 1.80 billion to shareholders during the quarter through dividends and repurchases.
Three events shape the story
On August 4, 2026, EOG reported second-quarter adjusted earnings per share of USD 5.07, according to MarketBeat. On October 8, 2026, the company raised its third-quarter tax guidance to USD 835 million to USD 935 million, as StocksToTrade reported. On October 15, 2026, the earnings call highlighted USD 2.80 billion in second-quarter free cash flow, according to Benzinga.
Two dates matter next
EOG's next scheduled cash distribution is a USD 1.02 per-share dividend payment on October 30, 2026, while the next quarterly results are scheduled for November 5, 2026, according to MarketBeat and Gekko.
Stock moves above the Xetra close
EOG Resources stock was trading at EUR 139.75 at Lang & Schwarz on October 19, 2026 at 10:03 a.m. CEST, up 1.30 percent versus the Xetra close of October 16, 2026 at EUR 137.95. The US listing is on the NYSE, where the stock last stood at USD 158.01 on October 16, 2026.
The further course of trading is shown by the continuously updated real-time quote of EOG Resources stock.
EOG Resources stock at a glance
- Company: EOG Resources, Inc.
- ISIN: US26875P1012
- Ticker: EOG
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 10:03 a.m. CEST): EUR 139.75
- Change versus Xetra close: plus 1.30 percent
- Xetra close (October 16, 2026): EUR 137.95
- Market capitalization: USD 82.9 billion (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P 500.
