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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
EOG Resources reported second-quarter earnings of $5.07 per share, surpassing analyst estimates of $5.01. The company's revenue grew by 57.4% to $8.62 billion, driven by increased production and favorable oil prices. Consequently, Roth Capital raised its price target for EOG to $138 from $132 while maintaining a Neutral rating.