A statement released earlier today by Stifel Nicolaus about EOG Resources Inc (NYSE:EOG) ups the target price to $120.00
- Updated: December 1, 2016
Boasting a price of $102.52, EOG Resources Inc (NYSE:EOG) traded 10.90% higher on the day. With the last stock price close up 16.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. EOG Resources Inc has recorded a 50-day average of $93.64 and a two hundred day average of $88.15. Volume of trade was up over the average, with 10,125,176 shares of EOG changing hands over the typical 3,218,100
Stating a potential upside of 0.17%, Stifel Nicolaus bumped up the target of EOG Resources Inc (NYSE:EOG) to $120.00
Previously on 11/28/2016, Vetr Inc. reported about EOG Resources Inc (NYSE:EOG) raised the target price from $0.00 to $107.42 that suggested an upside of 0.12%.
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EOG Resources Inc has a 52 week low of $57.15 and a 52 week high of $103.07 The company’s market cap is currently $0.
A total of 36 brokers have issued a report on the company. Eight analysts rating the company a strong buy, twelve brokerages rating the stock a buy, 20 brokerages rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the stock a sell with a consensus target price of $86.53.
General Information About EOG Resources Inc (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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