EOG Should I Buy
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EOG Resources Inc is not a strong buy for a beginner long-term investor at this moment. While the stock has some technical momentum, the lack of significant positive catalysts, declining financial performance, and cautious sentiment from analysts and Congress suggest a hold position. The investor should wait for clearer signs of recovery or stronger long-term growth potential before investing.
The MACD is positive and expanding, indicating bullish momentum. RSI is neutral at 71.391, and moving averages are converging, showing no clear trend. The stock is trading near resistance levels (R1: 117.497, R2: 120.252), which may limit upside potential in the short term.
The MACD indicates bullish momentum, and the options market shows some bullish sentiment. The company has a strong long-term demand story for natural gas and electrification.
Declining financial performance in Q3 2025, with revenue, net income, EPS, and gross margin all dropping YoY. Analysts have been lowering price targets, and Congress members have shown a cautious stance with recent sales. The oil market remains oversupplied, and weak oil and natural gas prices are headwinds.
In Q3 2025, revenue dropped by 2.44% YoY to $5.75B, net income fell by 12.07% YoY to $1.47B, EPS decreased by 8.47% YoY to 2.7, and gross margin declined by 1.40% YoY to 42.11. This indicates a weakening financial performance.
Analysts have a mixed to cautious outlook. Several firms, including Piper Sandler, Susquehanna, and Morgan Stanley, have lowered price targets, citing weak oil prices and oversupply concerns. KeyBanc downgraded the stock to Sector Weight due to degradation concerns in key basins. However, Wells Fargo maintains an Overweight rating, favoring capital-disciplined frameworks.
