Wunderlich announced EOG Resources (NYSE:EOG), boosting its stock price target to $110.00 today
- Updated: October 7, 2016
Just yesterday EOG Resources (NYSE:EOG) traded -0.25% lower at $96.62. EOG Resources’s 50-day moving average is $92.02 and its 200-day moving average is $83.78. The last stock price is up 15.95% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,790,213 shares of EOG traded hands, down from an average trading volume of 3,056,630
In a report released on 10/07/2016 Wunderlich increased the stock price target of EOG Resources (NYSE:EOG) from $104.00 to $110.00 reporting a possible upside of 0.14%.
Recent Performance Chart
EOG Resources has 52 week low of $57.15 and a 52 week high of $98.32 and has a market capitalization of $0.
In addition to Wunderlich reporting its target price, a total of 36 firms have reported on the stock. The consensus target price is $86.53 with 8 firms rating the stock a strong buy, 12 brokers rating the stock a buy, 20 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell.
Brief Synopsis 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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