01:55 AM EDT, 05/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our 12-month target price of $127, cut by $12, reflects a 5.2x multiple of enterprise value to projected 2026 EBITDA, in line with EOG's historical forward average. We cut our 2025 EPS estimate by $1.79 to $9.46, and similarly 2025's by $1.12 to $10.60. EOG is trimming its capex plan for 2025 by a small amount (by $200M, on a base of approximately $6.0B), which we think is prudent given concerns over the impact of tariffs on the global economy. However, EOG comes armed to this potential downdraft with (1) negative net debt, (2) an improving cost profile, and (3) a high-graded portfolio that is designed to meet or beat minimum hurdle rates even if crude oil drops to $40 per barrel. Our base case remains that WTI averages $65/b in 2025, not a great year given $77/b in 2024, but enough that EOG should throw off decent earnings power. Shares also yield 3.5%.