Susquehanna Hikes Price Target on EOG Resources to $170, Citing Strong Cash Flow and Diversified Assets

EOG Resources, Inc. (NYSE:EOG) is one of the best commodity stocks to buy. On July 23, 2025, Susquehanna analyst Biju Perincheril raised their price target for EOG Resources from $156 to $170, while keeping a “positive” rating on the stock.

In their outlook, they emphasized EOG’s solid fundamentals, multi‑basin portfolio, and strong free cash flow generation as key reasons behind their upgraded stance. Susquehanna’s confidence suggests they see EOG riding macroeconomic turbulence with agility, thanks to diversified assets and operational strength.

Susquehanna Hikes Price Target on EOG Resources to $170, Citing Strong Cash Flow and Diversified Assets

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This isn’t just a numbers game. Susquehanna’s move signals that EOG is more than a fossil fuel throwback; it’s a resilient, cash-generating powerhouse built for energy volatility.

EOG Resources, headquartered in Houston, Texas, is a major U.S. oil and gas producer operating across top-tier basins like the Permian, Eagle Ford, Utica, and the Rockies, along with overseas ventures. It’s prized for its disciplined capital deployment, robust free cash flow, and shareholder returns through dividends and buybacks, still rocking long-term appeal even amid energy sector shake‑ups.

While we acknowledge the potential of EOG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EOG and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.