Eog Resources Stock Target Price and Analyst Consensus

EOG -  USA Stock  

USD 124.28  3.77  3.13%

The current analyst and expert consensus on Eog Resources is Buy with 4 hold recommendations. The current projected Eog Resources target price consensus is 111.26 with 19 analyst opinions. One of the most common ways Eog Resources analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Eog Resources vendors, executives, and/or customers. Eog Resources recommendation module provides expert sentiment on the projected Eog Resources target price to derive its highest and lowest estimates based on target price standard deviation of 13.311. Continue to Macroaxis Advice on Eog Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
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The current year Profit Margin is expected to grow to 0.27, whereas Gross Profit is forecasted to decline to about 10.7 B. Eog Resources Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 38.24 Billion. The current year Assets Non Current is expected to grow to about 31.3 B, whereas Receivables is forecasted to decline to about 1.4 B.

Eog Resources Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eog Resources target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Eog Resources target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions18
Lowered Outlook0
Raized Outlook2
Buy
Most Eog Resources analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eog Resources stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eog Resources, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Eog Resources Target Price Projection

Eog Resources' current and average target prices are 124.28 and 111.26, respectively. The current price of Eog Resources is the price at which Eog Resources is currently trading. On the other hand, Eog Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Eog Resources Market Quote on 16th of May 2022

Low Price122.4Odds
High Price126.06Odds

124.28

Target Price

Analyst Consensus On Eog Resources Target Price

Low Estimate82.0Odds
High Estimate130.0Odds
Number of Analysts19
Standard Deviation13.311

111.263

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Eog Resources and the information provided on this page.

Eog Resources Analyst Ratings

Eog Resources' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Eog Resources stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Eog Resources' financials, market performance, and future outlook by experienced professionals. Eog Resources' historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About Eog Resources Target Price Projections

Eog Resources's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Eog Resources and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Eog Resources depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Eog Resources including analysis of its current option contracts.
Eog Resources' latest option contracts expiring on 2022-05-20 are carrying combined implied volatility of 89.15 with a put-to-call open interest ratio of 0.87 over 116 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2022-05-20. The current put volume is at 2008, with calls trading at the volume of 1152. This yields a 1.74 put-to-call volume ratio. The Eog Resources option chain provides detailed quote and price information for the current Eog Resources option contracts. It shows all of Eog Resources' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-05-20 Option Contracts

Eog Resources option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Eog Resources' lending market. For example, when Eog Resources' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Eog Resources, he or she must hedge the risk by shorting Eog Resources stock over its option's life.
The chart above shows Eog Resources' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Eog Resources' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Eog Resources' option, there is no secondary market available for investors to trade.

Eog Resources Maximum Pain Price across 2022-05-20 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Eog Resources close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Eog Resources' stock options are financial instruments that give investors the right to buy or sell shares of Eog Resources common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Eog Resources stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Eog Resources' stock price goes up or down, the stock options follow.
Continue to Macroaxis Advice on Eog Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Eog Resources In The Money Call Balance

When Eog Resources' strike price is surpassing the current stock price, the option contract against Eog Resources stock is said to be in the money. When it comes to buying Eog Resources' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' options written on Eog Resources are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Eog Resources Current Options Market Mood

Eog Resources' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Eog Resources Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Eog Resources' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Eog Resources' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Eog Resources' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Eog Resources Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Eog Resources is a key component of Eog Resources valuation and have some predictive power on the future returns of a Eog Resources.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eog Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Eog Resources in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
121.33124.26127.19
Details
Intrinsic
Valuation
LowReal ValueHigh
100.55103.48136.71
Details
Earnings
Estimates (9)
LowProjected EPSHigh
8.108.739.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eog Resources. Your research has to be compared to or analyzed against Eog Resources' peers to derive any actionable benefits. When done correctly, Eog Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Eog Resources.

Additional Eog Resources Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Eog Resources is a key component of Eog Resources valuation and have some predictive power on the future returns of a Eog Resources.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eog Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Eog Resources in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
121.33124.26127.19
Details
Intrinsic
Valuation
LowReal ValueHigh
100.55103.48136.71
Details
Earnings
Estimates (9)
LowProjected EPSHigh
8.108.739.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eog Resources. Your research has to be compared to or analyzed against Eog Resources' peers to derive any actionable benefits. When done correctly, Eog Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Eog Resources.

Currently Trending Themes

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Continue to Macroaxis Advice on Eog Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Eog Resources information on this page should be used as a complementary analysis to other Eog Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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The data published in Eog Resources' official financial statements usually reflect Eog Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eog Resources. For example, before you start analyzing numbers published by Eog Resources accountants, it's critical to develop an understanding of what Eog Resources' liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Eog Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eog Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Eog Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eog Resources. Please utilize our Beneish M Score to check the likelihood of Eog Resources' management to manipulate its earnings.