UAE production - Company established UAE oil production with successful initial test results from two one-mile lateral wells.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 16 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the oil & gas exploration and production peer group is "buy".
Wall Street's median 12-month price target for EOG Resources Inc is $157.00, about 7.8% above its August 3 closing price of $145.68.
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago.
EOG•
