Bakken or Eagle Ford? How About Both!

Updated

Shale is 20% of U.S. oil production, and 80% of shale production comes from the Bakken and the Eagle Ford formations. But which formation should investors bet on?

Instead of arguing about formations, Aimee Duffy and Tyler Crowe decide to discuss a company that operates in both areas: EOG Resources .

Despite its diversification, EOG ranks as the number three producer in the Bakken, right behind Bakken-centric Whiting Petroleum and Continental Resources.


EOG is a leader not only in production, but also in its operations. Moving Bakken crude via rail was pioneered by EOG Resources, allowing the company to move the product even before pipelines reach the formation. Valero, Tesoro, and Phillips 66 have subsequently announced their intention to buy rail cars.

Crowe is enthusiastic about EOG Resources, but Duffy is more reserved. Citing ConocoPhillips' lower-cost production, she encourages investors merely to keep an eye on EOG.

There are many different ways to play the energy sector, and The Motley Fool's analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report, "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.

The article Bakken or Eagle Ford? How About Both! originally appeared on Fool.com.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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