Strong Cash Flow to Support EOG Resources’ (EOG) Robust Pipeline Amid Oil Supply Headwinds; RBC Capital Remains Bullish

With significant hedge fund interest, EOG Resources, Inc. (NYSE:EOG) secures a spot on our list of the 12 best commodity stocks to buy right now.

Strong Cash Flow to Support EOG Resources' (EOG) Robust Pipeline Amid Oil Supply Headwinds; RBC Capital Remains Bullish

On November 11, 2025, EOG Resources, Inc. (NYSE:EOG) saw its price target maintained by RBC Capital at $145 with a “Buy” rating.

This was followed by EOG Resources, Inc. (NYSE:EOG)’s solid Q3 results, marking $1.5 billion in net income with $1.4 billion in free cash flow. Meanwhile, disciplined operating costs, alongside consistent performance across its core basins, helped the company record adjusted EPS of $2.71 and adjusted operating cash flow per share of $5.57.

During the quarter, EOG Resources, Inc. (NYSE:EOG) reinforced its commitment to shareholder returns, recording $1 billion in dividends and repurchases. Regular dividend payments increased 8% YoY, while buybacks reached nearly $450 million. The quarterly dividend payment reached a record high of nearly $550 million.

Furthermore, EOG Resources, Inc. (NYSE:EOG) raised its free cash flow guidance to $4.5 billion and ended the quarter with $3.5 billion in cash and $7.7 billion in long-term debt. Looking ahead, the company remains confident in its resilience amid short-term oil supply challenges, thanks to a robust portfolio that includes the Delaware Basin, Eagle Ford, Utica, and emerging gas plays.

EOG Resources, Inc. (NYSE:EOG), a U.S.-based oil and gas producer, operates large-scale shale assets across the Permian, Eagle Ford, Utica, and domestic gas resources.

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