Wells Fargo raised the firm’s price target on EOG Resources (EOG) to $199 from $155 and keeps an Overweight rating on the shares. The firm expects continued robust field execution and financial beats for Q1 2026. Key focus areas include the trajectory of gas realizations as liquefied natural gas-linked volumes ramp and the evolution of cash return framework.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EOG:
- Seagate, Circle, Phillips 66, Serve, EOG: Insider Shake-Up
- A Peaceful Pullback? 3 Top Energy Names Coming Into Buying Range
- EOG Resources price target raised to $160 from $140 at BMO Capital
- EOG Resources price target raised to $147 from $144 at Piper Sandler
- EOG Resources price target raised to $147 from $146 at Mizuho