Shares of EOG Resources (EOG) - Get EOG Resources, Inc. (EOG) Report have done well over the past year, up almost 40%. But investors want to know if that momentum will continue after the company reports earnings on Tuesday before the open.
EOG is a "good, fast grower," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said from the floor of the New York Stock Exchange Friday.
EOG is comparable to a CimarexEnergy (XEC) - Get Cimarex Energy Co. Report , Cramer reasoned, which is a holding in the Action Alerts PLUS portfolio. However, EOG does not have as attractive of a valuation as Apache (APA) - Get Apache Corporation Report , another position in the portfolio.
Although the stock has done well over the past year, it has struggled in 2017 so far, falling 4.4%, while the S&P 500 is up nearly 5.5%. Analysts expect EOG to lose 14 cents per share on $2.21 billion in sales for the quarter.
At the time of publication, Cramer's Action Alerts PLUS had positions in APA and XEC.