EOG Resources's stock has been receiving various ratings from different analysts recently. Despite a few downgrades, many maintain a
buy rating and Wolfe Reasearch recently
upgraded the company to "outperform". The company's EVP Jeffrey Leitzell has sold shares worth $483,560, though at the same time, Everence Capital Management Inc purchased 13,060 shares.
EOG Resources has also shown strong performance beating Q3 profit estimates and boosting their share buyback program. It announced an offer for $1 billion 30-year bonds and raised their price target from $150 to $157 at Siebert Williams. It seems there are challenges in their stock performance compared to competitors. Nevertheless, there's a forecast for new highs in 2025. Ongoing strategic expansion is also noted, there are speculations of insider weakness.
EOG Resources also leads in profit among natural gas stocks, adding strong dividend growth to their profile. There's talk of expansion in Ohio's Utica Shale activity. Questions linger if they are undervalued with analysts predicting good investment opportunity.
Eog Resources EOG News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 04 Jan 2025 04:34:56 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 2
