EOG Resources with ticker code (EOG) now have 32 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 160 and 78 calculating the mean target price we have 124.22. Now with the previous closing price of 120.15 this would imply there is a potential upside of 3.4%. The 50 day moving average now sits at 106.09 and the 200 day MA is 87.65. The company has a market capitalisation of $68,968m. Visit the company website at: https://www.eogresources.com
The potential market cap would be $71,304m 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.
