Analyst Scoreboard: 13 Ratings For EOG Resources
Portfolio Pulse from Benzinga Insights
EOG Resources (NYSE:EOG) received mixed analyst ratings over the past three months, with a total of 13 ratings. The sentiment has shifted slightly towards indifference in the last 30 days. The average 12-month price target is now $145.0, down from $151.17, indicating a 4.08% decrease. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. EOG Resources, a significant oil and gas producer, reported a -7.15% revenue growth decline as of December 31, 2023, but maintains a strong net margin of 32.97% and a prudent debt management strategy.
March 18, 2024 | 2:00 pm
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NEUTRAL IMPACT
EOG Resources received mixed analyst ratings, with a slight shift towards indifference recently. The average 12-month price target decreased by 4.08% to $145. Despite a revenue decline, EOG's strong net margin and debt management indicate resilience.
The mixed analyst ratings and slight shift towards indifference, combined with a decrease in the average price target, suggest a neutral short-term impact on EOG's stock price. The company's strong net margin and effective debt management, despite a revenue decline, support its resilience and potential for recovery, mitigating negative impacts.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100