EOG Resources found using ticker (EOG) have now 29 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 177 and 125 with a mean TP of 148.81. Now with the previous closing price of 120.43 this now indicates there is a potential upside of 23.6%. The 50 day MA is 113.16 and the 200 moving average now moves to 113.24. The company has a market capitalisation of $70,109m. Company Website: https://www.eogresources.com
The potential market cap would be $86,630m 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.
