EOG Resources (EOG) Outlook Adjusted as RBC Trims 2026 Oil Assumptions

1 day ago 3

Sheryar Siddiq

Tue, February 3, 2026 astatine 4:12 AM CST 1 min read

EOG Resources Inc. (NYSE:EOG) ranks among the stocks with the lowest guardant PE ratios. On January 13, RBC Capital chopped its terms people for EOG Resources Inc. (NYSE:EOG) to $138 from $145 and retained an Outperform standing connected the company. The alteration reflects RBC’s revised commodity terms projection, particularly for oil, with the steadfast present projecting WTI crude astatine $56 per tube successful 2026, a alteration from its archetypal projection of $60.06 per barrel.

RBC’s 2026 net per stock expectations for EOG Resources Inc. (NYSE:EOG) were decreased to $8.19 from $9.76, portion its currency travel per stock estimates are down to $19.05 from $20.79, owing mostly to the little lipid terms assumption. The firm’s 2027 predictions were besides revised lower, with EPS present projected to autumn to $11.43, down from $11.69, and currency travel per stock astatine $23.07, down from $23.44.

EOG Resources Inc. (NYSE:EOG), unneurotic with its subsidiaries, explores for, develops, produces, and markets crude oil, earthy state liquids, and earthy state successful producing basins successful the US, the Republic of Trinidad & Tobago, and internationally.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.