EOG Resources (NYSE:EOG) recently upended Chevron (NYSE:CVX) and Occidental Petroleum (NYSE:OXY) as the biggest producer of oil in the United States. Few oil producers, if any, have been able to grow oil production as EOG has over the past decade.
EOG's share price is now up 78% since I added it to the Sweet 16 on 2-18-2012. It has a lot more upside for us.
EOG Resources
EOG Resources
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: EOG Resources
You would never know it by looking at the action in the stock price.
Re: EOG Resources
umm, compare 10 year charts of all 3..................EOG has easily been the best performer!!
Re: EOG Resources
I was referring to the recent action, but they all have been going down.
Re: EOG Resources
EOG is the "Flag Ship" of the Sweet 16. They have top shelf technical people and marketing people. It is going to be just fine.
I still believe what they have in the Eagle Ford is the most valuable piece of real estate in the western hemisphere. If they wanted to sell it, it would go for much more than the entire market cap of the company.
I still believe what they have in the Eagle Ford is the most valuable piece of real estate in the western hemisphere. If they wanted to sell it, it would go for much more than the entire market cap of the company.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: EOG Resources---interesting
this may create some debate, for sure.
Why EOG Resources Has Gone Conservative
Sep. 15, 2014 8:08 AM ET | 19 comments | About: EOG Resources, Inc. (EOG), Includes: BNO, CRUD, DBO, DNO, DTO, DWTI, OIL, OLEM, OLO, SCO, SZO, TWTI, UCO, USL, USO, UWTI
Summary
•EOG does not believe another large shale discovery such as the Bakken or Eagle Ford will be made.
•Management sees a supply impasse on the horizon.
•Forecasts are for slower oil production growth.
complete article here-----
http://seekingalpha.com/article/2494865 ... tive?ifp=0
Why EOG Resources Has Gone Conservative
Sep. 15, 2014 8:08 AM ET | 19 comments | About: EOG Resources, Inc. (EOG), Includes: BNO, CRUD, DBO, DNO, DTO, DWTI, OIL, OLEM, OLO, SCO, SZO, TWTI, UCO, USL, USO, UWTI
Summary
•EOG does not believe another large shale discovery such as the Bakken or Eagle Ford will be made.
•Management sees a supply impasse on the horizon.
•Forecasts are for slower oil production growth.
complete article here-----
http://seekingalpha.com/article/2494865 ... tive?ifp=0
Re: EOG Resources
ya reckon this may have an adverse reaction on the stock?
Re: EOG Resources--and then there's this
EOG Resources: There Is Still Time To Grow With The Growing U.S. Oil Production
Sep. 15, 2014 11:39 AM ET | 1 comment | About: EOG Resources, Inc. (EOG)
Summary
•EOG Resources is the leading oil producer in the plays with the highest growth potential such as Eagle Ford and Bakken.
•The growth in crude, condensate, and NGL production will continue at healthy double-digit rates in the leading plays where EOG is present.
•The consensus target price reveals an attractive upside at its current price. EOG rewards shareholders with growing dividends. Investors should consider investing in EOG at its current price.
complete article----
http://seekingalpha.com/article/2495705 ... tion?ifp=0
Sep. 15, 2014 11:39 AM ET | 1 comment | About: EOG Resources, Inc. (EOG)
Summary
•EOG Resources is the leading oil producer in the plays with the highest growth potential such as Eagle Ford and Bakken.
•The growth in crude, condensate, and NGL production will continue at healthy double-digit rates in the leading plays where EOG is present.
•The consensus target price reveals an attractive upside at its current price. EOG rewards shareholders with growing dividends. Investors should consider investing in EOG at its current price.
complete article----
http://seekingalpha.com/article/2495705 ... tion?ifp=0