EOG Resources – Consensus Indicates Potential 11.6% Upside

Broker Ratings
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EOG Resources with ticker code (EOG) have now 32 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 130 and 78 with the average target price sitting at 114.13. With the stocks previous close at 102.31 this would indicate that there is a potential upside of 11.6%. The day 50 moving average is 92.05 while the 200 day moving average is 82.3. The company has a market cap of $62,570m. Find out more information at: https://www.eogresources.com

The potential market cap would be $69,798m 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 principal producing areas are in New Mexico and Texas in the United States; the Republic of Trinidad and Tobago; the People’s Republic of China; and the Sultanate of Oman. As of December 31, 2020, it had total estimated net proved reserves of 3,220 million barrels of oil equivalent, including 1,514 million barrels (MMBbl) of crude oil and condensate reserves; 813 MMBbl of natural gas liquid reserves; and 5,360 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources was incorporated in 1985 and is headquartered in Houston, Texas.

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