EOG Resources Inc., a NYSE listed company under ticker EOG, has seen its shares recently sold by Wellington Shields Capital Management LLC, IAG Wealth Partners LLC, PNC Financial Services Group Inc., etc. On the other hand, several investment firms such as Impact Capital Partners LLC, Edgestream Partners L.P. and Wealthfront Advisers LLC have strengthened their ownership in EOG. The company currently faces a reduced price target, with predictions dropping from $149 to $132 by JPMorgan, and Wells Fargo reducing their target from $150 to $146. However, EOG Resources is also exploring gas exploration opportunities in Bahrain, ramping up production endeavors at key locations and securing its place among billionaires' favorite oil and gas stocks. Fourth Quarter profit outperformed the bearish forecast. However, the company's 2025 free cash flow is predicted to be lower than expected. A variety of factors continue to impact EOG Resources' share value, including both buy-in activity from certain investment groups and share selling from others.
Eog Resources EOG News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 15 Mar 2025 12:18:49 GMT -
Rating 0
- Innovation 0
- Information 7
- Rumor -3
