EOG Resources Inc EOG

Energy Oil & Gas E&P

EOG Resources, Inc. is a crude oil and natural gas exploration and production company. It explores, develops, produces, and markets crude oil, natural gas liquids (NGLs) and natural gas primarily in major producing basins in the United States, the Republic of Trinidad and Tobago (Trinidad) and, from time to time, selects other international areas. Its operations are located in the basins of the United States with a focus on crude oil and, to a lesser extent, natural gas plays. It is focused on the Wolfcamp, Bone Spring, and Leonard plays. The South Texas area includes its Eagle Ford play and its Dorado gas play. It holds approximately 535,000 total net acres in the Eagle Ford play and approximately 160,000 net acres in the Dorado gas play. In Trinidad, the Company, through its subsidiaries, including EOG Resources Trinidad Limited, holds interests in the exploration and production licenses covering the South East Coast Consortium (SECC) Block, Pelican and Banyan Fields, and others.

NYSE:EOG - Post by User

EOG Resources Inc

Bullboard Posts

Post by BargainHunter88on Mar 01, 2016 10:49am

355 Views

Post# 24608666

This one is going all the way down to 30ish

EOG is trading ridiculously more multiples of its asset value than its peers while underperforming in its operations. With shrinking production, asset value, balance sheet, this company will never have the capital to drill wells needed to compensate for the rapid production decline even oil bounces back in the near term. Even the dumb money in this stock will soon abondon this sinking ship.

Bullboard Posts

Calibre discovers significant gold in Newfoundland