Piper Sandler Raises EOG Resources, Inc. (EOG) Price Target to $127

NodeGuardian · 2026-03-09T20:18:21+00:00

Piper Sandler raised EOG Resources' price target from $123 to $127, keeping a 'Neutral' rating. The adjustment reflects rising Middle East tensions but expects minimal impact on U.S. operators. EOG's strong Q4 2025 results support a projected $4.5 billion cash flow in 2026.

NodeGuardian

2026-03-09 20:18:21

Abstract generation in progress

Piper Sandler has increased its price target for EOG Resources, Inc. (EOG) from $123 to $127, while maintaining a ‘Neutral’ rating. This adjustment comes amidst rising Middle East tensions impacting global oil supply, though Piper Sandler anticipates minimal changes for U.S. operators. EOG Resources reported strong Q4 2025 results and projects a free cash flow of approximately $4.5 billion in 2026, benefiting from current WTI crude oil prices.

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