EOG Resources Shares Positioned to Outperform Peers Over Next Year, RBC Says
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RBC Capital Markets predicts EOG Resources (EOG) will outperform peers over the next year due to its capital efficiency, strong balance sheet, and low-cost operations. The company is shifting to oil-weighted assets to capitalize on higher oil prices. RBC maintains an outperform rating with a $175 price target. EOG's stock price is currently $141.81, up 1.11%.
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