EOG Resources (EOG): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

EOG Resources ( EOG) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.3%. By the end of trading, EOG Resources rose $1.23 (1.1%) to $111.05 on light volume. Throughout the day, 1.3 million shares of EOG Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $109.28-$111.80 after having opened the day at $109.99 as compared to the previous trading day's close of $109.82. Other companies within the Energy industry that increased today were: Energy Services of America Corporation ( ESA), up 10.1%, Gulfport Energy Corporation ( GPOR), up 7.3%, Newfield Exploration Company ( NFX), up 6.1%, and Sonde Resources ( SOQ), up 5.6%.
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EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas and crude oil primarily in the United States, Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People's Republic of China. EOG Resources has a market cap of $29.68 billion and is part of the basic materials sector. The company has a P/E ratio of 21.4, below the average energy industry P/E ratio of 21.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate EOG Resources a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Houston American Energy Corporation ( HUSA), down 17.6%, Penn Virginia Corporation ( PVA), down 15.9%, Geokinetics ( GOK), down 8.2%, and Renewable Energy Group ( REGI), down 7.5%, were all laggards within the energy industry with Petroleo Brasileiro SA Petrobras ( PBR.A) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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