EOG Is Positioned to Soar
EOG Resources is a rare species in the energy sector, with management that can effectively self-impose strict debt guidelines, while increasing reserve and production growth. The company recently increased liquids growth guidance for the second time in 2012, while also increasing its oil hedging strategy by 200%, at $100 per barrel. With proven management, and a number of oil heavy plays in its portfolio, EOG is positioned nicely to rake in outsized profits during oil peaks, and easily withstand downturns in the market. Check out the video below for more information.
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The article EOG Is Positioned to Soar originally appeared on Fool.com.Austin Smith has no positions in the stocks mentioned above. Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Apache and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2013 $25.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, and long JAN 2014 $30.00 calls on Chesapeake Energy. 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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