Reported about 23 hours ago
UBS has maintained a 'Buy' rating for EOG Resources Inc. (EOG), setting a price target of $144. This follows a recent tour of EOG's Ohio facilities and highlights the company's expansion in its Utica operations, particularly after acquiring Encino Energy's assets for $5.6 billion. UBS anticipates that EOG will achieve or surpass $150 million in synergy targets from the acquisition while leveraging in-house technologies to reduce costs.
Source: YAHOO