UBS reiterated its Buy rating on EOG Resources, Inc. (NYSE:EOG) with a price target of $140 before the company’s Q2 2025 financial update on August 8. Analyst Josh Silverstein expects EOG to report Q2 total production at the high end of guidance and maintain its full-year 2025 outlook.

EOG Resources, Inc. (NYSE:EOG) plans to use cash to pay for the acquisition of Encino and may provide details on its Utica operations, shifting from emerging to core. The company is one of the largest American crude oil and natural gas exploration and production firms with reserves in the U.S. and Trinidad.

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Read more at Yahoo Finance: UBS Keeps Buy Rating on EOG Before Q2 2025 Results