Stifel analyst Derrick Whitfield raised the firm’s price target on EOG Resources to $159 from $143 and keeps a Buy rating on the shares. The company has a differentiated asset base and management team with strong exploration, execution and technical expertise, and Stifel is very bullish on the company’s culture and ability to recreate its cost of supply advantage through exploration, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on EOG:
- EOG Resources price target raised to $155 from $146 at Mizuho
- EOG Resources price target raised to $157 from $156 at Piper Sandler
- EOG Resources price target raised to $160 from $150 at Truist
- EOG Resources reports Q2 adjusted EPS $2.49, consensus $2.32
- EOG Resources Reports Second Quarter 2023 Results