Susquehanna analyst Biju Perincheril raised the firm’s price target on EOG Resources to $172 from $162 and keeps a Positive rating on the shares. The analyst noted they reported solid 3Q results, with a beat on both EPS and production. The company also declared an additional $1.50 special dividend in the quarter to supplement its now $3.30 per-share regular dividend.
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Published first on TheFly
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Read More on EOG:
- EOG Resources Reports Third Quarter 2022 Results, Announces New Position in Utica Combo, Raises Regular Dividend 10% and Declares $1.50 per Share Special Dividend
- EOG Resources price target raised to $150 from $139 at Citi
- EOG Resources resumed with a Buy at Stifel
- EOG Resources initiated with a Buy at Jefferies
- EOG Resources upgraded to Overweight from Equal Weight at Morgan Stanley
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