EOG Resources PT Raised to $210.00 (EOG)
Howard Weil lifted their price objective on shares of EOG Resources (NYSE:EOG) from $191.00 to $210.00 in a research note issued on Wednesday, AnalystRatings.Net reports. The firm currently has a “sector outperform” rating on the stock. Howard Weil’s price objective indicates a potential upside of 14.13% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital raised their price target on shares of EOG Resources from $182.00 to $206.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Wunderlich raised their price target on shares of EOG Resources from $162.00 to $170.00 in a research note on Wednesday. They now have a “hold” rating on the stock. Finally, analysts at Societe Generale upgraded shares of EOG Resources from a “sell” rating to a “buy” rating in a research note on Tuesday. Ten research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. EOG Resources has an average rating of “Buy” and a consensus target price of $189.64.
Shares of EOG Resources (NYSE:EOG) traded up 0.66% on Wednesday, hitting $185.22. 958,070 shares of the company’s stock traded hands. EOG Resources has a 1-year low of $112.05 and a 1-year high of $188.30. The stock has a 50-day moving average of $171.0 and a 200-day moving average of $168.8. The company has a market cap of $50.560 billion and a price-to-earnings ratio of 45.05.
EOG Resources (NYSE:EOG) last released its earnings data on Monday, February 24th. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.06. On average, analysts predict that EOG Resources will post $9.25 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 0.27%. The ex-dividend date is Monday, April 14th. This is a positive change from EOG Resources’s previous quarterly dividend of $0.09.
EOG Resources, Inc(NYSE:EOG) explores , develops, produces and markets crude oil and natural gas primarily in producing basins in the United States of America , Canada, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom , The People’s Republic of China (China), the Argentine Republic (Argentina) and, from time to time, select other international areas.
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