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$76.48 0.73 (0.96%)
10/7/2008 11:16 AM

EOG Resources, Inc. (EOG)

CAPS Rating:
****

Explores for, develops, produces and markets natural gas & crude oil primarily in basins in the United States of America, Canada, offshore Trinidad & the United Kingdom North Sea & from time to time, select other international areas.

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Avatar DarkToast (< 20) Submitted: 6/16/08 6:44 PM : Outperform Start Price: $134.91 EOG Score: -19.42

From it's ignoble beginnings as Enron Oil & Gas this company has come a long way. With extensive holdings in the Bakken-Williston play and with oil breaking record highs almost daily, I think that EOG still has room to the upside. With financials continuing to drag the market down I firmly expect EOG to beat the S&P over the next few years, and maybe beyond. This company has a good reputation for exploration. A recent dry well dug in the Bakken hurt their stock price a bit, but it is really only a buying opportunity.

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