EOG Resources with ticker code (EOG) have now 30 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 178 and 89 calculating the average target price we see 147.13. Now with the previous closing price of 116.31 this would indicate that there is a potential upside of 26.5%. There is a 50 day moving average of 118.15 and the 200 moving average now moves to 94.91. The market cap for the company is $70,692m. Visit the company website at: https://www.eogresources.com
The potential market cap would be $89,424m 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.
