This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer's 'Mad Money' Recap: A Seller's Market

Stocks in this article: EOG CLX CLH RAD CLMT CLNE DPS FOSL ANF TXT FDX GNW

Beyond the Eagle Ford, Papa said EOG's Bakken assets rivaled the growth in the Eagle Ford and is proving to be another huge opportunity for the company. As for the third leg of the stool, Papa said the recently discovered Delaware Basin is showing promise. While not as large as Eagle Ford or Bakken, it will prove to be very profitable for EOG.

When asked about the outlook for both oil and gas in the U.S., Papa said 2012 will prove to be the peak of oil production growth in our country and he expects growth to continue at a slower pace going forward. As for natural gas, Papa said he's slightly more bullish and feels that $4 to $4.50 will be a more rational price for that fuel going forward.

Finally, when asked about North American energy independence, Papa said he still feels the U.S. and Canada can become energy-independent by 2020, just seven short years from now. When that happens, he said, the entire economic outlook for the U.S. will change significantly.

Cramer said EOG continues to be a remarkable story.

Executive Decision: Don Knauss

In his second "Executive Decision" segment, Cramer sat down with Don Knauss, chairman and CEO of Clorox (CLX), which today celebrated its 100th anniversary. Shares of Clorox are up 32.5% since Cramer last spoke to Knauss in March 2012, and currently yield 3%.

Knauss started off by saying that despite being 100 years old, bleach is still the most effective way to kill germs, both at home and in hospitals -- germs simply cannot adapt to the power of bleach. That's why as this year's flu season kicked off, Clorox was actively monitoring social media channels and sending more supplies of Clorox products to the zip codes that needed them most.

When asked about one of Clorox's other brands that hasn't done so well -- Kingsford charcoal -- Knauss explained that charcoal remains a seasonal business, with 60% of sales happening between March and June every year. That's why this year's unseasonably cold March, the coldest in a decade, sent sales plummeting.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs