EOG Resources found using ticker (EOG) now have 33 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 136 and 78 with a mean TP of 117.52. Given that the stocks previous close was at 113.41 this would indicate that there is a potential upside of 3.6%. The day 50 moving average is 98.71 and the 200 day moving average is 85.35. The company has a market capitalisation of $64,886m. You can visit the company’s website by visiting: https://www.eogresources.com
The potential market cap would be $67,238m 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; the Republic of Trinidad and Tobago; the People’s Republic of China; and the Sultanate of Oman. As of December 31, 2020, it had total estimated net proved reserves of 3,220 million barrels of oil equivalent, including 1,514 million barrels (MMBbl) of crude oil and condensate reserves; 813 MMBbl of natural gas liquid reserves; and 5,360 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.
