Reported about 13 hours ago
Mizuho has reaffirmed its neutral rating and $133 price target for EOG Resources, Inc. ahead of the company's Q3 results, expected to exhibit a 4% outperformance in EBITDAX and cash flow per share compared to market expectations. Investment considerations include updates on the Utica/Encino integration, exploration advancements, and cash returns for the latter half of 2025. EOG Resources recently surpassed Q2 forecasts with revenues of $5.48 billion and an adjusted EPS of $2.32, showcasing its stability as an investment amid industry challenges.
Source: YAHOO