EOG Resources Gets a Hold Rating from Jefferies

By Ryan Adsit

In a report released today, Michael Hsu from Jefferies reiterated a Hold rating on EOG Resources (NYSE: EOG), with a price target of $95. The company’s shares opened today at $93.83.

According to TipRanks.com, Hsu is a 1-star analyst with an average return of -4.5% and a 31.6% success rate. Hsu covers the Basic Materials sector, focusing on stocks such as Energy Transfer Partners LP, Continental Resources, and Gulfport Energy Corp.

Currently, the analyst consensus on EOG Resources is Moderate Buy and the average price target is $108.22, representing a 15.3% upside.

In a report issued on May 9, Scotiabank also maintained a Hold rating on the stock with a $104 price target.

The company has a one year high of $109.37 and a one year low of $77.66. Currently, EOG Resources has an average volume of 3.42M.

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EOG Resources, Inc. is an exploration company. The company engages in the exploration, development, production and marketing of crude oil and natural gas in United States, Canada, Trinidad & Tobago, the United Kingdom, Argentina and China. Its projects include Williston, Greater Green, Power River, Ulinta, DJ, Anadarko, Horn River, Sichuan and Columbus. EOG Resources was founded in 1985 and is headquartered in Houston, TX.