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Stock impact report

Scotiabank Lowers EOG Resources (EOG) PT to $123, Cites Stable Production, Sector-Wide Adjustments [Yahoo! Finance]

EOG Resources, Inc. (EOG) 
Last eog resources, inc. earnings: 2/27 04:33 pm Check Earnings Report
US:NYSE Investor Relations: investors.eogresources.com
Company Research Source: Yahoo! Finance
firm's price target on EOG Resources to $123 from $130 with a Sector Perform rating. The firm is adjusting its price targets for big US oil, refining, and drilling companies. It expects this quarter's earnings to be business as usual because there weren't any bad winter storms to slow down production. On the same day, KeyBanc downgraded EOG Resources to Sector Weight from Overweight without providing a specific price target. This decision reflects the firm's more selective outlook for the oil and gas industry in 2026, which is driven by weak oil prices and volatility in natural gas markets. The firm specifically cited concerns about asset degradation at EOG Resources Inc. (NYSE:EOG) and noted clear signs of this issue in both the Eagle Ford and the Delaware Basin. Additionally, the downgrade was influenced by a notable decrease in operational activity in the Eagle Ford region. EOG Resources Inc. (NYSE:EOG), together with its subsidiaries, explores for, develops, produces, and ma Show less Read more
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