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Stock impact report

EOG Resources (EOG) Price Target Lowered by $7 [Yahoo! Finance]

EOG Resources, Inc. (EOG) 
Last eog resources, inc. earnings: 2/27 04:33 pm Check Earnings Report
US:NYSE Investor Relations: investors.eogresources.com
Company Research Source: Yahoo! Finance
EOG Resources, Inc. (NYSE:EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves in the US and Trinidad. On January 16, Scotiabank analyst Paul Cheng lowered the firm's price target on EOG Resources, Inc. (NYSE:EOG) from $130 to $123, but kept its ‘Sector Perform' rating on the stock. The revision comes as the analyst firm updated its price targets on the US Integrated Oil, Refining, and Large Cap E&P stocks under its coverage. Scotiabank is expecting Q4 earnings to be fairly straightforward, since there were no major weather disruptions this winter. EOG Resources, Inc. (NYSE:EOG) suffered another blow on the same day when KeyBanc downgraded the stock from ‘Overweight' to ‘Sector Weight', without assigning it a price target. The downgrade comes on degradation concerns, as the analyst sees ‘clear signs' of degradation in both the Eagle Ford and Delaware Basin and a significant decline in activity at Eagl Show less Read more
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