EOG Resources with ticker code (EOG) now have 27 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 177 and 119 calculating the mean target price we have 147.43. Given that the stocks previous close was at 126.41 this is indicating there is a potential upside of 16.6%. The 50 day MA is 111.12 and the 200 day moving average is 112.21. The company has a market cap of $72,031m. Company Website: https://www.eogresources.com
The potential market cap would be $84,008m 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; 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, including 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 incorporated in 1985 and is headquartered in Houston, Texas.
