Wells Fargo Remains a Buy on EOG Resources (EOG)
Wells Fargo analyst Roger Read maintained a Buy rating on EOG Resources (EOG – Research Report) on May 30 and set a price target of $146.00.
Confident Investing Starts Here:
Read covers the Energy sector, focusing on stocks such as Valero Energy, Devon Energy, and EOG Resources. According to TipRanks, Read has an average return of -0.2% and a 44.47% success rate on recommended stocks.
In addition to Wells Fargo, EOG Resources also received a Buy from BMO Capital's Phillip Jungwirth in a report issued on May 30. However, on the same day, TD Cowen maintained a Hold rating on EOG Resources (NYSE: EOG).
EOG market cap is currently $59.26B and has a P/E ratio of 10.08.
Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EOG in relation to earlier this year. Most recently, in April 2025, Jeffrey R. Leitzell, the EVP & COO of EOG sold 4,037.00 shares for a total of $515,771.56.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
Estée Lauder (EL) Shares Skyrocket, What You Need To Know
Shares of beauty products company Estée Lauder (NYSE:EL) jumped 5.4% in the morning session after Deutsche Bank analysts upgraded the stock from Hold to Buy and raised the price target from $71 to $95 (implying more than a 20% upside), noting that demand concerns in the beauty space were fading. The analysts pointed to growing signs that Estée Lauder's strategy is on the right track as it broadened its focus beyond China and travel retail. They also highlighted the company's push to speed up product innovation across its brands and price ranges, while shifting key decisions closer to the markets where sales happen. After the initial pop the shares cooled down to $78.20, up 4% from previous close. Is now the time to buy Estée Lauder? Access our full analysis report here, it's free. Estée Lauder's shares are quite volatile and have had 18 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 7.9% after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes. This development triggered a significant decline in oil prices, easing inflation concerns. Also, the prior week's sell-off likely triggered investors who opportunistically bought the dip after judging that some moves down may have been overdone. Estée Lauder is up 5.7% since the beginning of the year, but at $78.20 per share, it is still trading 32.1% below its 52-week high of $115.13 from June 2024. Investors who bought $1,000 worth of Estée Lauder's shares 5 years ago would now be looking at an investment worth $402.45. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
Business Wire
an hour ago
- Business Wire
Building Resilient Systems: American Water Provides Expertise at 2025 MACRUC
BUSINESS WIRE)-- American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., will contribute its expertise to key discussions at the 2025 Mid-Atlantic Conference of Regulatory Utilities Commissioners (MACRUC) Annual Education Conference, taking place June 22 through June 25, 2025, in Louisville, Kentucky. 'As extreme weather events become more frequent, the water industry must stay ahead through innovation, smart infrastructure investments and close collaboration with key stakeholders,' said Cheryl Norton, EVP and Chief Operating Officer, American Water. Laura Runkle, President of Virginia and Maryland American Water, will speak as part of the panel discussion Surviving the Storm: Utilities' Role in Preparing for and Responding to Extreme Weather, joining utility leaders and former utility regulators to address how utilities can build resilience in the face of climate-related challenges. 'As extreme weather events become more frequent, the water industry must stay ahead through innovation, smart infrastructure investments and close collaboration with key stakeholders,' said Cheryl Norton, EVP and Chief Operating Officer, American Water. 'Laura's leadership at MACRUC reflects American Water's commitment to building resilient systems and delivering essential services to our customers and communities every day, in the Mid-Atlantic and across the U.S.' The panel will focus on strategies that utilities are implementing to strengthen infrastructure, improve preparedness and foster community partnerships to mitigate the impacts of extreme weather events. Runkle will share how American Water is working with regulators and local communities to help ensure safe, reliable service as well as resilient systems that can protect critical services during times of crisis. 'Resilience starts with practical actions like investing in infrastructure using data-driven risk assessment tools and strategies, planning for emergencies and engaging with the communities we serve,' said Runkle. 'I am proud to share how American Water is turning these priorities into reality as we help prepare our systems and customers for the challenges of extreme weather.' For more information about the 2025 MACRUC Annual Education Conference, visit: About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. As one of the fastest growing utilities in the U.S., American Water expects to invest $40 billion to $42 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities. American Water has been recognized as one of Forbes 2025 Most Trusted Companies in America, in addition to being ranked first in the utilities industry category on Forbes America's Best Large Employers List for 2024; recognized on Newsweek's America's Most Responsible Companies 2025 List; ranked on Barron's 100 Most Sustainable U.S. Companies 2024 List; and named one of America's Most JUST companies by JUST Capital and CNBC for its continued commitment to employees, customers, communities and shareholders.
Business Wire
an hour ago
- Business Wire
Lumen Technologies Ensures Enterprise Connectivity During Hurricane and Wildfire Season
DENVER--(BUSINESS WIRE)--As the 2025 hurricane and wildfire season intensifies, Lumen Technologies (NYSE: LUMN) today detailed its enterprise readiness plan, designed to safeguard mission-critical connectivity and support business continuity for customers operating under extreme conditions. From wildfires in California to hurricanes along the Gulf Coast, Lumen's enterprise network is built for resilience. The company leverages AI-powered automation, geospatial intelligence, and strategic field staging to proactively mitigate risks to service continuity when it matters most. 'Our enterprise customers depend on uninterrupted connectivity to run their operations—even in the face of natural disasters,' said Chris Noble, Lumen SVP service assurance. 'If an uncontrollable event occurs, we are well prepared with the full force of our Lumen resources to respond, restore, and communicate with our customers. Our response framework ensures real-time intelligence and boots-on-the-ground action, keeping our customers connected and operational through any storm.' Lumen's preparedness efforts are strengthened by state and federal partnerships, including coordination with FEMA, enabling faster, more effective disaster response. During past events, Lumen's predictive analytics accurately identified at-risk infrastructure, allowing teams to preemptively clear hazards and stage backup power near critical nodes. Key Elements of Lumen's Disaster Readiness Program: AI & Machine Learning: Real-time storm tracking, path prediction, and infrastructure risk modeling help Lumen anticipate threats and allocate resources. Geospatial Tools: Field teams use advanced layer maps to assess vulnerability, prioritize asset protection, and respond faster. Power Resiliency: Backup generators are staged near projected disaster areas to ensure prompt power restoration. Proactive Maintenance: Real-time analytics-driven inspections account for increased rates of commercial power outages, ensuring network stability. Incident Management: A dedicated national incident management team coordinates around-the-clock support and direct customer communication. Best Practices for Enterprise Customers: Lumen also encourages customers to take proactive steps to maintain operational continuity. Build Redundancy: Ensure your organization has multiple communication channels in place, such as satellite phones, mobile hotspots, and VoIP systems to ensure backup connectivity. Test Backup Power Systems: Regularly inspect and maintain generators and uninterruptible power supplies (UPS) to support critical infrastructure during power outages. Don't Cut the Cable: Coordinate closely with restoration crews to avoid cable-cutting incidents during post-storm recovery. Practice Disaster Recovery: Rehearse comprehensive disaster recovery plans, including data backup, network restoration, and employee safety protocols. Added Noble: 'Lumen's enterprise-first network and disaster preparedness strategy reflects its broader mission—keeping businesses connected, protected, and prepared, no matter the forecast.' About Lumen Technologies Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI's full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit LinkedIn: /lumentechnologies, X: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies.
