Mizuho calls this company “the Apple of oil,” sees 40% gain

This post was originally published on this site

Sand destined for the oil and gas fields piles up at the EOG Resources processing plant in Chippewa Falls, Wisc.

Steve Karnowski | AP

After shakey earnings for oil producer EOG Resources, the company’s stock is well-positioned to outperform, according to Mizuho Securities.

The firm maintained its buy rating and $122 price target on EOG Resources, which would be a 42% upside for the stock.

Add Comment