Mizuho Reiterates Its Neutral Rating and $133.00 Price Target on EOG Resources, Inc. (EOG)

EOG Resources, Inc. (NYSE:EOG) is one of the 13 Safest Stocks to Invest in Now, supported by hedge fund interest and significant return on equity.

Mizuho reiterated its neutral rating and $133.00 price target on EOG Resources, Inc. (NYSE:EOG) on October 1 in advance of the company’s Q3 2025 results announcement on November 6.

While production volumes are expected to meet broader market estimates, the company anticipates that EOG Resources, Inc. (NYSE:EOG) will outperform the consensus by about 4% on EBITDAX and cash flow per share. According to Mizuho, there may be some upside potential because consensus projections for oil prices are lower than the current market reality.

Furthermore, investors should pay particular attention to the following: updates on the Utica/Encino integration, domestic and overseas exploration developments, cash returns for the second half of 2025, and capital spending projections for 2026. With sales of $5.48 billion and an adjusted EPS of $2.32 as opposed to the $2.23 anticipated, EOG Resources, Inc. (NYSE:EOG) recently surpassed Wall Street’s Q2 forecasts.

The energy company EOG Resources, Inc. (NYSE:EOG) is headquartered in Texas and focuses on producing natural gas, natural gas liquids, and crude oil. It is one of the Safest Stocks To Buy.

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