Truist Financial analyst Neal Dingmann maintained a Buy rating on EOG Resources (EOG – Research Report) today. The company’s shares closed last Friday at $135.70.
Dingmann covers the Energy sector, focusing on stocks such as Civitas Resources, APA, and Devon Energy. According to TipRanks, Dingmann has an average return of 15.8% and a 73.61% success rate on recommended stocks.
Currently, the analyst consensus on EOG Resources is a Moderate Buy with an average price target of $147.37, implying an 8.60% upside from current levels. In a report released on April 26, Piper Sandler also assigned a Buy rating to the stock with a $153.00 price target.
Based on EOG Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.36 billion and a net profit of $1.99 billion. In comparison, last year the company earned a revenue of $2.71 billion and had a net profit of $2.28 billion
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EOG Resources (EOG) Company Description:
Incorporated in 1985 and based in Texas, EOG Resources, Inc. is engaged in the exploration, development, production and marketing of crude oil and natural gas and natural gas liquids. It operates in the United States, Trinidad and Tobago, China and Canada.
Read More on EOG:
- EOG Resources price target lowered to $150 from $153 at Stifel
- EOG Resources price target raised to $155 from $147 at Susquehanna
- EOG Resources price target raised to $157 from $147 at KeyBanc
- EOG Resources price target raised to $153 from $141 at Piper Sandler
- EOG Resources price target raised to $142 from $129 at Wells Fargo
