STRONG CASH FLOW TO SUPPORT EOG RESOURCESā (EOG) ROBUST PIPELINE AMID OIL SUPPLY HEADWINDS; RBC CAPITAL REMAINS BULLISH
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āļø EOG Resources, Inc. (NYSE:EOG) has been recommended as one of the best commodity stocks to buy, with a maintained price target of $145 and a "Buy" rating from RBC Capital.
š Price target maintained by RBC Capital at $145 with a "Buy" rating š Solid Q3 results with net income of $1.5 billion and free cash flow of $1.4 billion š Record high quarterly dividend payment of nearly $550 million š Raised free cash flow guidance to $4.5 billion š Ended the quarter with $3.5 billion in cash and $7.7 billion in long-term debt
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