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EOG Resources (EOG) Price Target - Feb 26

Posted: Mon Feb 26, 2024 11:52 am
by dan_s
In a report released today, Neal Dingmann from Truist Financial maintained a Buy rating on EOG Resources (EOG), with a price target of $165.00. The company’s shares closed last Friday at $111.86. Neal is has the top 5-Star rating by TipRanks.

TipRanks: "In the last 3 months, 21 ranked analysts set 12-month price targets for EOG. The average price target among the analysts is $144.37."

EOG is the largest company in the Sweet 19. It has a pristine balance sheet, generates a lot of free cash flow (over $5 billion in 2024 based on my forecast) and most importantly it has an incredible amount of high-quality Running Room.