Several analysts have recently updated their ratings and price targets for EOG Resources (NYSE: EOG):

  • 11/19/2019 – EOG Resources was upgraded by analysts at Johnson Rice from a “hold” rating to an “accumulate” rating.
  • 11/13/2019 – EOG Resources is now covered by analysts at Howard Weil. They set a “sector perform” rating on the stock.
  • 11/13/2019 – EOG Resources had its “hold” rating reaffirmed by analysts at Morgan Stanley. They now have a $97.00 price target on the stock.
  • 11/13/2019 – EOG Resources had its price target lowered by analysts at Citigroup Inc from $93.00 to $88.00. They now have a “buy” rating on the stock.
  • 11/12/2019 – EOG Resources is now covered by analysts at Scotiabank. They set a “sector perform” rating and a $86.00 price target on the stock.
  • 11/8/2019 – EOG Resources had its price target raised by analysts at SunTrust Banks, Inc. to $80.00. They now have a “hold” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 10/21/2019 – EOG Resources was downgraded by analysts at SunTrust Banks, Inc. from a “buy” rating to a “hold” rating. They now have a $70.00 price target on the stock.
  • 10/17/2019 – EOG Resources had its price target lowered by analysts at Raymond James from $105.00 to $90.00. They now have an “outperform” rating on the stock.
  • 10/15/2019 – EOG Resources had its price target lowered by analysts at KeyCorp from $110.00 to $97.00. They now have an “overweight” rating on the stock.
  • 10/4/2019 – EOG Resources had its price target lowered by analysts at Morgan Stanley from $97.00 to $95.00. They now have an “equal weight” rating on the stock.

EOG opened at $70.79 on Tuesday. The stock’s 50 day simple moving average is $71.32 and its 200-day simple moving average is $79.59. The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 0.20. The stock has a market cap of $41.25 billion, a PE ratio of 12.78, a P/E/G ratio of 1.59 and a beta of 1.36. EOG Resources Inc has a 1 year low of $64.33 and a 1 year high of $108.78.

EOG Resources (NYSE:EOG) last issued its earnings results on Wednesday, November 6th. The energy exploration company reported $1.13 EPS for the quarter, hitting the consensus estimate of $1.13. EOG Resources had a return on equity of 13.94% and a net margin of 16.96%. The firm had revenue of $4.30 billion during the quarter, compared to analysts’ expectations of $4.38 billion. During the same period last year, the business earned $1.75 earnings per share. EOG Resources’s quarterly revenue was down 10.0% compared to the same quarter last year. Equities analysts forecast that EOG Resources Inc will post 4.73 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in EOG. Knuff & Co LLC bought a new position in EOG Resources in the 2nd quarter worth approximately $28,000. Quest Capital Management Inc. ADV acquired a new stake in EOG Resources in the third quarter worth about $28,000. Tortoise Investment Management LLC bought a new stake in EOG Resources during the 2nd quarter worth about $34,000. Mizuho Securities Co. Ltd. bought a new stake in EOG Resources during the 2nd quarter worth about $37,000. Finally, Coastal Investment Advisors Inc. lifted its position in EOG Resources by 147.1% during the 3rd quarter. Coastal Investment Advisors Inc. now owns 504 shares of the energy exploration company’s stock valued at $37,000 after purchasing an additional 300 shares during the period. Institutional investors own 85.85% of the company’s stock.

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

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