UBS Maintains a 'Buy' on EOG Resources (EOG); Liquids Production Growth and Lower Costs Help Q2
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Price: $136.72 +1.26%
Rating Summary:
18 Buy, 10 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Rating Summary:
18 Buy, 10 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Trade EOG Now!
UBS maintains a 'Buy' on EOG Resources (NYSE: EOG) price target of $130.00 (from $120.00).
Analyst, William A. Featherston, said, "Q2 clean EPS/CFPS of $1.16/$5.21 crushed consensus of $0.91/$4.49 and UBSe of $0.70/$4.10 on better than expected results on all fronts...EOG maintained capex of $7.4-$7.6 billion but 1H12 spending is running ahead of pace. We raised 2012-13E EPS/CFPS to $4.55/$20.20 and $4.80/$21.95 from $3.80/$18.20 and $3.75/$20.75."
For an analyst ratings summary and ratings history on EOG Resources click here. For more ratings news on EOG Resources click here.
Shares of EOG Resources closed at $96.12 yesterday, with a 52 week range of $66.81-$119.97.
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Analyst, William A. Featherston, said, "Q2 clean EPS/CFPS of $1.16/$5.21 crushed consensus of $0.91/$4.49 and UBSe of $0.70/$4.10 on better than expected results on all fronts...EOG maintained capex of $7.4-$7.6 billion but 1H12 spending is running ahead of pace. We raised 2012-13E EPS/CFPS to $4.55/$20.20 and $4.80/$21.95 from $3.80/$18.20 and $3.75/$20.75."
For an analyst ratings summary and ratings history on EOG Resources click here. For more ratings news on EOG Resources click here.
Shares of EOG Resources closed at $96.12 yesterday, with a 52 week range of $66.81-$119.97.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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