EOG Resources, Inc. (NYSE:EOG)

CAPS Rating: 4 out of 5

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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Player Avatar Keekers44 (83.96) Submitted: 8/31/2011 4:53:48 PM : Outperform Start Price: $92.84 EOG Score: +1.58

Holds 535,000 acres in Eagle ford shale, 600,000 in the Bakken, 210,000 in the Marcellus and many other large fields in the U.S. Consistently a top performing company. ROE should continue to rise with it's transition from 75% nat gas 25% oil to 75% oil, 25% nat gas. Both Jim Cramer and T. Boone Picken's love this stock (Picken's 8th largest holding)

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Member Avatar DocG1956 (< 20) Submitted: 11/1/2011 8:07:44 PM
Recs: 0

Looking Forward: Analysts appear increasingly negative about the company’s results for the next quarter. The average estimate for the fourth quarter has moved down from $1.22 a share to 93 cents over the last ninety days. For the fiscal year, the average estimate has moved down from $3.70 a share to $3.54 over the last sixty days.
Why is analyst outlook not improving? Seasonal?

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