EOG Resources – Consensus Indicates Potential 10.4% Upside

Broker Ratings
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EOG Resources with ticker code (EOG) have now 32 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 160 and 78 and has a mean target at 127.91. With the stocks previous close at 115.84 this is indicating there is a potential upside of 10.4%. There is a 50 day moving average of 109.32 and the 200 moving average now moves to 88.74. The market cap for the company is $67,112m. Company Website: https://www.eogresources.com

The potential market cap would be $74,105m based on the market concensus.

EOG Resources, together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its pripal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, luding 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources was orporated in 1985 and is headquartered in Houston, Texas.

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