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Roth Capital says EOG Resources sticking with FY26 guide despite weaker oil

Roth Capital reiterated a Neutral rating and $114 price target on shares of EOG Resources (EOG) following the company’s call with sell-side analysts. The company is backing its preliminary FY26 organic oil volumes view of flat to slightly up even though it believes oil macro may be soft over the next few quarters, Roth Capital told investors in a research note. The firm added that EOG Resources is “optimistic” about the natural gas market in 2026 in terms of delivering higher prices.

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