EOG Resources (EOG) Valuation Update - May 13

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

EOG Resources (EOG) Valuation Update - May 13

Post by dan_s »

We will be posting our updated profile and forecast model for EOG Resources to the EPG website this afternoon.

My valuation of EOG goes to $176/share, which compares to TipRank's average price target of $150.42.
This week (May 9-13), five energy sector analysts submitted updated price targets for EOG that range from $148 to $170.

At the time of this post, EOG was trading for $124.10.

EOG has increased their fixed + special dividend to $2.55/Qtr for Q1. That is annualized yield of ~8.2% on the largest and safest company in the Sweet 16.

EOG's share price is up 148% since 1/1/2021.
Dan Steffens
Energy Prospectus Group
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