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EOG

Posted: Sun Mar 16, 2014 1:57 pm
by dan_s
EOG Resources (EOG): An updated Profile and an updated Net Income & Cash Flow Forecast model have been posted under the Sweet 16 Tab. My 2 for 1 split adjusted Fair Value Estimate is now $122/share, compared to First Call's Price Target of $100.82.

EOG is now generating free cash flow, so it deserves even a higher multiple than I am using. This company has several years of double digit production growth locked in. By 2020 it could be the largest oil producer in North America.