EOG Resources Inc (NYSE:EOG) has been downgraded to Hold in a statement by Societe Generale earlier today.
- Updated: October 2, 2016
Having a price of $96.71, EOG Resources Inc (NYSE:EOG) traded -1.18% lower on the day. The last closing price is up 14.91% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. EOG has recorded a 50-day moving average of $91.35 and a 200-day moving average of $83.17. 227,781 shares of the stock were exchanged, down from an average trading volume of 3,079,330
Societe Generale has downgraded EOG Resources Inc (NYSE:EOG) to Hold in a statement released on 10/3/2016.
On 09/22/2016, Citigroup released a statement on EOG Resources Inc (NYSE:EOG) upped the target price from $98.00 to $104.00 that suggested an upside of 0.11%.
See Chart Below
EOG Resources Inc has a 52 week low of $57.15 and a 52 week high of $97.20 The company’s market cap is currently $0.
In addition to Societe Generale reporting its target price, a total of 36 firms have issued a report on the stock. The consensus target price is $86.53 with eight equity analysts rating the company a strong buy, twelve equity analysts rating the company a buy, twenty equity analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.