Brean Murray Carret & Co. Starts EOG Resources (EOG) at Buy

Brean Murray Carret & Co. initiates coverage on EOG Resources (NYSE: EOG) with a Buy. PT $130.00.

Brean analyst says, "Our EOG thesis is that high-margin liquids production growth will validate its capex program and allow the name to recapture it historical EBITDA multiple premium."

For more ratings news on EOG Resources click here and for the rating history of EOG Resources click here.

Shares of EOG Resources closed at $71.01 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• EOG Resources (EOG) PT Lowered to $193 at Wells Fargo
• Axis Capital Limited Assumes Jubilant Foodworks Ltd (JUBI:IN) at Reduce (3)
• RBC Capital Starts Krystal Biotech (KRYS) at Outperform