Roth Capital Sees Limited Upside in EOG Despite Price Target Bump

EOG Resources, Inc. (NYSE:EOG) is included among the 14 Value Stocks to Buy with High Dividend Yields.

On February 25, Roth Capital raised its price recommendation on EOG Resources, Inc. (NYSE:EOG) to $110 from $108. It reiterated a Neutral rating on the shares. The firm said it remains on the sidelines, pointing to EOG’s shorter inventory life compared with peers. It also noted the company’s exposure to higher-cost emerging plays such as the Utica Shale and PRB, along with riskier international exploratory areas. Roth introduced its 2027 estimates and said it currently expects production to grow 3% year over year next year.

During the company’s Q4 2025 earnings call, Executive VP and CFO Ann Janssen reported adjusted earnings per share of $2.27. She also reported adjusted operating cash flow per share of $4.86. She said this performance translated into nearly $1 billion in free cash flow during the period. For the full year 2025, Janssen said the company generated adjusted net income of $5.5 billion, or $10.16 per share. She added that free cash flow for the year reached $4.7 billion.

She also pointed to the company’s capital returns during the fourth quarter. EOG distributed $1.2 billion to shareholders during the period. This included $550 million paid through its regular dividend and $675 million used for share repurchases.

EOG Resources, Inc. (NYSE:EOG) operates as a crude oil and natural gas exploration and production company. It explores, develops, produces, and markets crude oil, natural gas liquids, and natural gas. Its operations are focused primarily on major producing basins in the United States, the Republic of Trinidad and Tobago, and selected international areas.

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