EOG
Posted: Fri Oct 01, 2010 9:28 am
Upgrade from the gang at The Motley Fool:
After spending most of the past year at a mediocre three-star rank, EOG Resources (NYSE: EOG) has impressed enough top-performing members of our 170,000-strong Motley Fool CAPS community to break into the four-star level. A total of 662 members have given their opinion on the oil and gas firm, with many of them offering analysis and commentary explaining the recent optimism.
As EOG Resources continues to make a push toward a more liquids-weighted portfolio of assets, more investors are seeing a better potential for profits from oil rather than natural gas. Along those lines, the company reached a milestone in the second quarter by generating more of its revenues from oil, condensate, and natural gas liquids compared to natural gas for the first time in its history
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This is why I continue to be bullish on EOG. Nice to see the "gang" is getting it. EOG's oil production is going up, way up in fact. They have a lot of high rate, liquids rich wells being completed in the Bakken Shale and the Eagle Ford Shale.
After spending most of the past year at a mediocre three-star rank, EOG Resources (NYSE: EOG) has impressed enough top-performing members of our 170,000-strong Motley Fool CAPS community to break into the four-star level. A total of 662 members have given their opinion on the oil and gas firm, with many of them offering analysis and commentary explaining the recent optimism.
As EOG Resources continues to make a push toward a more liquids-weighted portfolio of assets, more investors are seeing a better potential for profits from oil rather than natural gas. Along those lines, the company reached a milestone in the second quarter by generating more of its revenues from oil, condensate, and natural gas liquids compared to natural gas for the first time in its history
________________________________________________________________________
This is why I continue to be bullish on EOG. Nice to see the "gang" is getting it. EOG's oil production is going up, way up in fact. They have a lot of high rate, liquids rich wells being completed in the Bakken Shale and the Eagle Ford Shale.