| What Wall Street Thinks about the Top Upstream Energy Companies | |
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Top American Upstream Companies: Their Production and Reserves (Continued from Prior Part) Analysts’ recommendations
In this series, we’ve looked at our select group of four upstream energy companies, analyzing their production and reserves. In this part, we’ll see what Wall Street analysts think. We’ll take a close look at their recommendations for these stocks.
Individual recommendations
About 69% of Wall Street analysts tracking EOG Resources (EOG) and surveyed by Bloomberg have recommended a “buy” or equivalent; 23.8% have recommended a “hold”; the rest recommend a “sell.” Analysts’ consensus target price for EOG Resources (EOG) is $102.67, implying a 14.8% return over the next 12 months.
About 63% of analysts tracking Pioneer Natural Resources (PXD) have recommended a “buy” or equivalent; 28% have recommended a “hold”; the rest recommend a “sell.” Analysts’ consensus target price for Pioneer Natural Resources (PXD) is $182.89, implying a 23% return over the next 12 months. Pioneer Natural Resources is 0.12% of the SPDR S&P 500 ETF Trust (SPY).
Around 60% of analysts tracking Marathon Oil (MRO) have recommended a “buy” or equivalent; 30% have recommended a “hold”; 10% have recommended a “sell.” Analysts’ consensus target price for Marathon Oil (MRO) is $32.48, implying a 22.2% return over the next 12 months. Marathon Oil is 1.3% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).
About 47% of analysts tracking Continental Resources (CLR) have recommended a “buy” or equivalent; 44% have recommended a “hold”; the rest recommend a “sell.” Analysts’ consensus target price for Continental Resources (CLR) is ~$54.40, implying a 16% return over the next 12 months.
You can read Market Realist’s Energy and Power page for more market analyses.
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EOG Resources
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CODE : EOG |
ISIN : US26875P1012 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
EOG Res. is a and oil producing company based in United states of america. EOG Res. is listed in United States of America. Its market capitalisation is US$ 78.5 billions as of today (€ 73.4 billions). Its stock quote reached its lowest recent point on July 11, 2003 at US$ 10.00, and its highest recent level on April 26, 2024 at US$ 135.70. EOG Res. has 578 636 343 shares outstanding. |