Mizuho Reduces PT on EOG Resources (EOG) Stock

Group 1 - EOG Resources, Inc. is recognized as one of the most promising energy stocks by Wall Street analysts, with a recent price target reduction from $140 to $133 while maintaining a "Neutral" rating [1] - The firm anticipates a positive trend in gas prices over the next 12 months, noting that gas stocks currently trade at a 10%-15% discount based on implied commodity prices [1] - EOG Resources reported strong Q2 2025 results, with oil, gas, and NGL volumes exceeding the midpoints of its guidance [1] Group 2 - The company has enhanced its asset base significantly through the Encino acquisition, entry into Bahrain and the UAE, and robust exploration efforts in its domestic portfolio and Trinidad [2] - The closing of the Encino acquisition positions the Utica as a foundational asset for EOG Resources [2]