EOG Resources with ticker code (EOG) have now 28 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 177 and 125 calculating the mean target price we have 149.09. With the stocks previous close at 105.18 this would imply there is a potential upside of 41.7%. The 50 day MA is 114.35 and the 200 moving average now moves to 113.72. The company has a market cap of $61,798m. Company Website: https://www.eogresources.com
The potential market cap would be $87,598m 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.
