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.
EOG Resources (EOG)
EOG Resources (EOG)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group