EOG Resources, Inc. (NYSE:EOG) is included among the 15 Best Stocks to Buy for Medium Term.
On November 18, Piper Sandler cut its price target on EOG Resources, Inc. to $124 from $129 and maintained a Neutral rating. The firm updated its exploration and production models following the Q3 results. According to the analyst, the sector delivered solid performance, with operations, efficiencies, and costs all moving in the right direction, though the broader oil macro environment “still doesn’t feel great.” Piper also noted that the rally in gas equities “has run a bit too far.”
In the third quarter of 2025, EOG Resources, Inc. reported revenue of $5.85 billion, a decline of almost 2% from a year earlier. Adjusted net income came in at $1.5 billion, or $2.71 per share. The company generated $1.4 billion in free cash flow, paid $545 million in regular dividends, and repurchased $440 million worth of shares.
Oil, gas, and NGL volumes in the third quarter exceeded the midpoints of guidance. The combination of higher volumes and lower–than–expected per–unit cash operating costs and DD&A supported strong financial performance.
EOG Resources, Inc. is an independent oil and gas producer focused on exploring, developing, producing, and marketing crude oil, natural gas, and natural gas liquids.
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