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$66.54 -3.07 (-4.41%)
1/9/2009 4:01 PM

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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Recs

3

Avatar BearTrend (98.79) Submitted: 6/18/08 1:33 PM : Outperform Start Price: $131.57 EOG Score: -2.58

With the current market conditions, i'm too affraid to put my money in the financial sectors. Financial institutions are now stuck with defaulted credit slips and pennies on the dollar after being irresponsible concerning where to put their money. The turmoil in the financial sector that started with Citigroup Inc. Bear Stearns has created a major modern crisis. The finest institutions of America are crumbling and have little foundation to build up from.





I think its not too late to be part of the energy sector, with Bush administration announce new way to get fuel. EOG is the closest company we got, exploring fuel in Alaska, Canada and in TX and IL. This new policy from the Bush administration will boost EOG's profit and business model involving the government. It cant get anymore better.





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