EOG Resources, Inc. is a prominent energy company with a market cap of approximately $58.9 billion, operating in various U.S. basins and globally, focusing on oil and natural gas liquids. Despite its size and influence, EOG stock has declined 13.3% over the past three months, underperforming the Nasdaq Composite. The company’s shares have dropped 12% year-to-date and 19% over the past year, trading below moving averages. Analysts are cautiously optimistic about EOG’s future, with a consensus “Moderate Buy” rating and a mean price target of $137.73, implying a potential 27.7% upside from current levels.
Read more at Barchart: Is EOG Resources Stock Underperforming the Nasdaq?
