I just took a hard look at my forecast model for EOG.
EOG now produces close to 1.3 million mcf of natural gas per day. They are going to get an unexpected revenue boost from rising natural gas prices.
EOG is selling for less than 6X my cash flow per share forecast for 2013. That is a ridiculously low multiple for a company of this quality. Q4 results will be strong and their year-end reserve report will be stunning.
IMO this one is a Screaming Buy under $160.