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Equities researchers at FBR Capital Markets raised their target price on shares of EOG Resources (NYSE:EOG) from $95.00 to $100.00 in a research report issued on Thursday. The firm currently has a “market perform” rating on the stock. FBR Capital Markets’ price target indicates a potential downside of 13.96% from the company’s current price.

In other EOG Resources news, COO Gary L. Thomas sold 9,880 shares of EOG Resources stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $115.68, for a total transaction of $1,142,918.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

EOG Resources (NYSE:EOG) opened at 116.23 on Thursday. EOG Resources has a 52 week low of $68.405 and a 52 week high of $118.89. The stock has a 50-day moving average of $109.5 and a 200-day moving average of $96.34. The company has a market cap of $63.520 billion and a price-to-earnings ratio of 26.98.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Monday, May 5th. The company reported $1.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.20 by $0.20. The company had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter last year, the company posted $1.80 earnings per share. EOG Resources’s revenue was up 21.7% compared to the same quarter last year. Analysts expect that EOG Resources will post $5.53 EPS for the current fiscal year.

A number of other firms have also recently commented on EOG. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of EOG Resources in a research note on Wednesday. They now have a $137.00 price target on the stock, up previously from $106.00. Separately, analysts at Wunderlich raised their price target on shares of EOG Resources from $124.00 to $133.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of EOG Resources in a research note on Thursday, June 26th. They now have a $122.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $114.86.

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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