Wells Fargo analyst Roger Read maintained a Hold rating on EOG Resources (EOG – Research Report) today and set a price target of $142.00. The company’s shares closed yesterday at $132.96.
According to TipRanks, Read is a 5-star analyst with an average return of 12.0% and a 63.77% success rate. Read covers the Energy sector, focusing on stocks such as Devon Energy, Coterra Energy, and Ovintiv.
In addition to Wells Fargo, EOG Resources also received a Hold from Morgan Stanley’s Devin McDermott in a report issued on April 15. However, on the same day, Mizuho Securities maintained a Buy rating on EOG Resources (NYSE: EOG).
EOG market cap is currently $76.79B and has a P/E ratio of 10.18.
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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:
- XLE, VDE, FENY: 3 Must-Know ETFs as Energy Stocks Surge
- EOG Resources price target raised to $140 from $138 at Mizuho
- Scotiabank shakes up major oil ratings and price targets
- EOG Resources downgraded to Sector Perform from Outperform at Scotiabank
- Barclays starts U.S. Integrated Oil & E&P sector with Positive view
