Earnings Estimates Moving Higher for EOG Resources (EOG): Time to Buy?
EOGEOG Resources(EOG) Zacks Investment Research·2024-04-25 01:21

EOG Resources (EOG) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this oil and gas company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate r ...