EOG Resources – Consensus Indicates Potential 5.0% Upside

Broker Ratings
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EOG Resources found using ticker (EOG) now have 32 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 160 and 78 and has a mean target at 128.63. Now with the previous closing price of 122.46 this now indicates there is a potential upside of 5.0%. The day 50 moving average is 111.65 and the 200 day moving average is 89.53. The company has a market cap of $70,733m. Company Website: https://www.eogresources.com

The potential market cap would be $74,296m 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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