EOG Resources, Inc. which can be found using ticker (EOG) now have 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 171 and 108 with the average target price sitting at $146.14. Given that the stocks previous close was at $121.41 this is indicating there is a potential upside of 20.4%. Also worth taking note is the 50 day moving average now sits at $119.45 and the 200 day MA is $121.66. The market capitalization for the company is $70,304m. You can visit the company’s website by visiting: https://www.eogresources.com
The potential market cap would be $84,624m based on the market consensus.
EOG Resources, Inc., 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. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
The company has a dividend yield of 2.72% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 9.05, revenue per share of 50.79 and a 15.58% return on assets.
