Goldman Sachs Removed EOG Resources (EOG) from its Conviction Buy List

September 5, 2008 11:17 AM EDT

Goldman Sachs removed EOG Resources, Inc. (NYSE: EOG) from its Conviction Buy List. The firm is maintaining its Buy rating but lowers lowers its price target from $181 to $140.

Shares of EOG Resources are down 1% today to $92.62, with a 52-week range of $68.41 - $144.99.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas and crude oil primarily in the United States, Canada, offshore Trinidad, and the United Kingdom North Sea.


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