EOG Resources (EOG) Valuation Update - Oct 17
Posted: Mon Oct 17, 2022 2:17 pm
At the time of this post EOG was trading for $121.60.
EOG is the largest company in the Sweet 16 with a market-cap over $71 Billion. Despite its size, EOG is easy to forecast because they provide accurate guidance. It has a SUPER STRONG balance sheet, it has a lot of running room and should generate over $8 billion of free cash flow this year. I expect them to raise their dividend.
TipRanks: "In the last 3 months, 14 ranked analysts set 12-month price targets for EOG. The average price target among the analysts is $151.23. The 14 price targets range from $119 to $175".
My valuation is $172.
EOG is the largest company in the Sweet 16 with a market-cap over $71 Billion. Despite its size, EOG is easy to forecast because they provide accurate guidance. It has a SUPER STRONG balance sheet, it has a lot of running room and should generate over $8 billion of free cash flow this year. I expect them to raise their dividend.
TipRanks: "In the last 3 months, 14 ranked analysts set 12-month price targets for EOG. The average price target among the analysts is $151.23. The 14 price targets range from $119 to $175".
My valuation is $172.