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$59.59 -4.77 (-7.41%)
10/10/2008 4:03 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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Avatar SapphireSeas (75.93) Submitted: 7/14/08 1:59 AM : Outperform Start Price: $119.82 EOG Score: -26.46

Aggressive energy company actively managing it's asset portfolio and competing for additional exploration rights:





Reuters, 09 July 2008 --------





"During the quarter that closed June 30, crude oil futures climbed nearly 40 percent, while natural gas futures rose nearly 30 percent. Those gains helped to fatten energy companies' bottom lines.


""Higher oil prices have led to higher earnings for many companies," Tim Gaumer, director of fundamental research for StarMine in San Francisco, said. "For the current quarter, I see positive earnings revisions in only one sector, and that's energy.""





http://www.reuters.com/article/GCA-Oil/idUSN0942856620080709

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