A statement released earlier today by Citigroup about EOG Resources (NYSE:EOG) bumps the target price to $104.00
- Updated: September 22, 2016
Boasting a price of $93.86, EOG Resources (NYSE:EOG) traded 0.35% higher on the day. With the last stock price close up 14.05% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. EOG Resources has recorded a 50-day average of $90.54 and a two hundred day average of $82.29. Volume of trade was down over the average, with 547,887 shares of EOG changing hands under the typical 3,057,370
Citigroup bumped up the target of EOG Resources (NYSE:EOG) to $104.00 stating a potential upside of 0.11%.
On 9/13/2016, FBR & Co. released a statement for EOG Resources (NYSE:EOG) bumped up the target price from $0.00 to $108.00 that suggested an upside of 0.16%.
With a total market value of $0, EOG Resources has with a one year low of $57.15 and a one year high of $95.93 .
A total of 36 analysts have released a report on EOG Resources. Eight analysts rating the company a strong buy, twelve analysts rating the company a buy, twenty analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $86.53.
More About EOG Resources (NYSE:EOG)
EOG Resources, Inc. (EOG) explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People's Republic of China (China), Canada and, from time to time, select other international areas. The Company's operations are all crude oil and natural gas exploration and production related. EOG's total estimated net proved reserves include approximately 2,118 million barrels of oil equivalent (MMBoe), of which over 1,098 million barrels (MMBbl) is crude oil and condensate reserves, approximately 383 MMBbl include natural gas liquids (NGLs) reserves and over 3,825 billion cubic feet, or 637 MMBoe, includes natural gas reserves. The Company's operations are focused in most of the productive basins in the United States with a focus on crude oil and, to a lesser extent, liquids-rich natural gas plays.
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