EOG Resources (EOG) Valuation Update - Nov 8
Posted: Fri Nov 08, 2024 9:30 am
I have updated my forecast/valuation model for EOG for their Q3 results that beat my forecast and their updated guidance. Plus, they increased their dividends by 7% starting with the January 31st dividend payment to $0.975/Quarter. $3.90 per year is a yield of approximately 3.1%.
At the time of this post EOG was trading for $127.
My current valuation of EOG increases by $2 to $146 per share.
TipRanks: "In the last 3 months, 19 ranked analysts set 12-month price targets for EOG. The average price target among the analysts is $143.89." The four analysts that updated their price targets this morning adjusted their price targets to $140, $141, $151 and $157.
My updated forecast model will be posted to the EPG website this afternoon.
At the time of this post EOG was trading for $127.
My current valuation of EOG increases by $2 to $146 per share.
TipRanks: "In the last 3 months, 19 ranked analysts set 12-month price targets for EOG. The average price target among the analysts is $143.89." The four analysts that updated their price targets this morning adjusted their price targets to $140, $141, $151 and $157.
My updated forecast model will be posted to the EPG website this afternoon.