Morgan Stanley lowered the firm’s price target on EOG Resources (EOG) to $142 from $143 and keeps an Equal Weight rating on the shares after the company reported Q4 EBITDA of $3.124B, or 3% above consensus, and cash flow per share of $4.70, or 2% below consensus. 2025 guidance for production and capex were “fairly in-line with expectations,” but free cash flow guidance was a bit light of the firm’s expectation going in, the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EOG:
- EOG Resources: Buy Rating Affirmed Amid Growth Potential and Strategic Initiatives
- EOG Resources Reports Mixed Financial Results for 2024
- EOG Resources’ Earnings Call Highlights Robust Growth
- EOG Resources price target lowered to $146 from $148 at Barclays
- EOG Resources: Balancing Strong Shareholder Returns with Rising Costs and Mixed Performance