This morning two 5-Star rated energy sector analysts updated their price targets for EOG reported to TipRanks:
Nitin Kumar at Mizuho Securities rates it a BUY with a price target of $140.00
Lloyd Byrne at Jefferies rates it a BUY with a price target of $157.00
22 analysts' price targets are in TipRanks' consensus price target of $146.05.
My current valuation is $146.00.
EOG currently trading at $133.52
Based on my forecast, EOG's "Base + Special" dividends should total close to $7.22/share this year. None of EOG's oil is currently hedged and their realized natural gas prices should average about $2.46/mcf this year. They have very good gas & NGL marketing people and their Trinadad gas sells at much higher prices than U.S. gas.
EOG Resources (EOG) Price Targets Raised - Apr 15
EOG Resources (EOG) Price Targets Raised - Apr 15
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group