EOG Resources – Consensus Indicates Potential 23.9% Upside

Broker Ratings
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EOG Resources with ticker code (EOG) have now 27 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 the average target price sitting at 148.57. Now with the previous closing price of 119.93 this would imply there is a potential upside of 23.9%. The 50 day moving average now sits at 115.72 while the 200 day moving average is 114.54. The market cap for the company is $73,355m. Find out more information at: https://www.eogresources.com

The potential market cap would be $90,873m 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.

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