- EOG Resources maintains its quarterly dividend, offering a forward yield of 3.49%.
- Analysts project a potential 22.46% upside in EOG's stock, with a one-year average target price of $136.76.
- GuruFocus estimates suggest a 12.85% upside based on the GF Value.
EOG Resources (NYSE: EOG), a leader in the oil and gas sector, has announced that it will continue its quarterly dividend of $0.975 per share. This decision keeps the forward yield steady at an attractive 3.49%. The dividend will be disbursed on July 31 to those recorded as shareholders by July 17, coinciding with the ex-dividend date.
Wall Street Analysts' Outlook
Investors looking for potential returns may be encouraged by the projections from 28 analysts, who have set a one-year average price target of $136.76 for EOG Resources Inc (EOG, Financial). Their estimates range from a high of $156.00 to a low of $114.00, indicating a potential upside of 22.46% from EOG's current trading price of $111.68. For more comprehensive details, refer to EOG Resources' Forecast page.
Brokerage Recommendations
When it comes to brokerage recommendations, EOG Resources Inc (EOG, Financial) stands out with an average rating of 2.3 from 32 firms, which endorses the stock as an "Outperform". This rating is part of a scale from 1 to 5, where 1 equates to a Strong Buy and 5 suggests a Sell.
GF Value Insights
According to GuruFocus, which employs a blend of historical trading multiples and future performance estimates, the GF Value for EOG Resources Inc (EOG, Financial) is pegged at $126.03. This conveys a potential upside of 12.85% from the current stock price of $111.68. For those seeking a deeper dive into these valuations and growth metrics, the EOG Resources Inc (EOG) Summary page provides further insights.
By keeping a close eye on these comprehensive evaluations and recommendations, investors can make informed decisions regarding EOG Resources' potential as an investment opportunity.
