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Market Update (NYSE:EOG): EOG Resources Schedules Webcast of Second Quarter 2016 Results Conference Call for August 5, 2016

[PR Newswire] – HOUSTON, June 28, 2016 /PRNewswire/ — EOG Resources, Inc. (NYSE: EOG) ( EOG ) will host a conference call to discuss second quarter 2016 results on Friday, August 5, 2016, at 9 a.m. Central time (10 … Read more on this. EOG Resources, Inc. (EOG) , valued at $44.99B, started the session at $80.65. Looking at the stock, its one day range is $79.85 to $81.77 with a trailing 52-week range being $57.15 to $89.52. EOG shares are currently priced at -37.25x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s -21.14x earnings multiple. The company pays shareholders $0.67 per share in dividend income per year, for a current yield of 0.83%. In a review of the consensus earnings estimate this quarter, 34 sell-side analysts are looking at $-0.57 per share, which would be $0.28 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $-2.11 which would be a $2.17 setback than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $1.57 Billion. If reported, that would be a 36.44% decrease over the year-ago quarter. In terms of ratings, Credit Agricole Initiated EOG at Underperform (Jun 22, 2016). Previously, KLR Group downgraded EOG from Buy to Accumulate. The average price target for EOG shares by the analysts covering the stock is $86.53, which is 7.29% above where the stock opened this morning. See more in (NYSE:EOG) Similar Articles: Stock Update: Marathon Oil Corporation (NYSE:MRO) – Marathon Oil Schedules Second Quarter 2016 Earnings Release and Conference Call Stock Update (NYSE:MRO): Marathon Oil Schedules First Quarter 2016 Earnings Release and Conference Call Market Update: EOG Resources Inc (NYSE:EOG) – EOG Resources Announces Webcast of Fourth Quarter and Full Year 2015 Results Conference Call on February 26, 2016
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