EOG Resources with ticker code (EOG) now have 32 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 130 and 78 and has a mean target at 114.06. Given that the stocks previous close was at 105.63 this now indicates there is a potential upside of 8.0%. The 50 day moving average now sits at 91.19 and the 200 moving average now moves to 81.52. The company has a market capitalisation of $61,826m. Visit the company website at: https://www.eogresources.com
The potential market cap would be $66,761m 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.
