Breaking Down EOG Resources: 14 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
In the past three months, 14 analysts have provided varied opinions on EOG Resources (NYSE:EOG), with recent ratings showing a mix of bullish and indifferent stances. The average 12-month price target is now $149.36, down from $155.31, with individual analyst actions including both lowered and raised price targets. EOG Resources, an oil and gas producer, reported a -19.54% decline in revenue growth as of September 30, 2023, but has strong financial performance indicators such as a high net margin of 33.21% and ROE of 7.52%. The company's debt-to-equity ratio is also below industry average, indicating a healthy balance between debt and equity.
January 23, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
EOG Resources has received mixed analyst ratings with a downward revision in the average price target. The company's strong financial performance indicators may counterbalance the negative revenue trend and the lowered price targets.
While the average price target for EOG Resources has been lowered, indicating a bearish sentiment, the company's strong financial performance metrics such as net margin, ROE, and a low debt-to-equity ratio suggest a resilient financial position. This mixed information leads to a neutral short-term impact score, as the positive financial indicators may offset the negative sentiment from the lowered price targets.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100