Mizuho Securities Keeps Their Hold Rating on EOG Resources (EOG)
In a report released today, Nitin Kumar CFA from Mizuho Securities maintained a Hold rating on EOG Resources, with a price target of $147.00.
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Kumar CFA covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CVR Energy. According to TipRanks, Kumar CFA has an average return of 8.6% and a 64.78% success rate on recommended stocks.
In addition to Mizuho Securities, EOG Resources also received a Hold from Piper Sandler’s Mark Lear in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Buy rating on EOG Resources (NYSE: EOG).
Based on EOG Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.64 billion and a net profit of $701 million. In comparison, last year the company earned a revenue of $5.65 billion and had a net profit of $1.25 billion
Based on the recent corporate insider activity of 93 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EOG in relation to earlier this year. Last month, Ann Janssen, the EVP & CFO of EOG sold 4,161.00 shares for a total of $582,706.44.
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