EOG Resources – Consensus Indicates Potential 31.0% Upside

Broker Ratings

EOG Resources with ticker code (EOG) have now 32 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 90 and 46 calculating the mean target price we have 60.97. Given that the stocks previous close was at 46.53 this is indicating there is a potential upside of 31.0%. The 50 day MA is 40.76 and the 200 moving average now moves to 45.12. The market cap for the company is $27,897m. Find out more information at: http://www.eogresources.com

EOG Resources, together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People’s Republic of China, and Canada. As of December 31, 2019, it had total estimated net proved reserves of 3,329 million barrels of oil equivalent, including 1,694 million barrels (MMBbl) crude oil and condensate reserves; 740 MMBbl of natural gas liquid reserves; and 5,370 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources was founded in 1985 and is headquartered in Houston, Texas.

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