EOG Resources, Inc. (NYSE: EOG) was downgraded by KeyBanc from Overweight to Sector Weight due to concerns about assets in Eagle Ford and Delaware Basin. Production trends may be impacted by XL laterals. Despite this, KeyBanc is positive on EOG’s Utica asset. RBC Capital also lowered its price target on EOG due to updated commodity price outlook. RBC now expects WTI crude oil prices to be $56.00 per barrel in 2026. EOG is a major American oil and gas exploration company with reserves in the US and Trinidad. While EOG has potential, other AI stocks may offer more upside. No disclosures.

Read more at Yahoo Finance: KeyBanc Downgrades EOG Resources (EOG) to Sector Weight, RBC Capital Lowers PT