EOG Resources Shares Drop 1.01% on $360M Volume (Rank 331) as UBS Backs Buy Rating Despite 30% Earnings Forecast Drop Peers Show Bolder Growth Outlook

EOG Resources (EOG) fell 1.01% on August 6, 2025, with a trading volume of $360 million, ranking 331st in market activity. Analysts highlighted UBS’s recent Buy rating, citing a $140 price target, as the firm anticipates resilience despite expected 30% earnings contraction in Q2. The stock’s 12-month price target of $142.94 suggests a 21% upside, though peers like Diamondback Energy and Venture Global show more aggressive growth estimates.

Q2 earnings, set for August 7, are forecast to decline amid weak oil prices and rising financing costs. EOG’s trailing 52-week performance lags the S&P 500, with a -5.81% drop, reflecting investor caution. Analysts note EOG’s strong gross profit and ROE compared to rivals, but revenue growth remains modest at 0.14% year-to-date. Strategic hedging and asset efficiency are seen as key differentiators in a volatile market.

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