EOG Resources (EOG)

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dan_s
Posts: 37330
Joined: Fri Apr 23, 2010 8:22 am

EOG Resources (EOG)

Post by dan_s »

I spent the morning working on EOG and we will send out an updated profile & forecast model late today.

I am raising my valuation $7.50/share to $91.00. Compares to First Call's price target of $84.50.

EOG is the largest company in the Sweet 16 and a technology leader. Recent successes in the Austin Chalk (sits just above the Eagle Ford) and their Eagle Ford EOR pilot projects adds new layers of upside to a company that already has a lot.
Dan Steffens
Energy Prospectus Group
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