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 down 0.1%. By the end of trading, EOG Resources rose $1.42 (1.1%) to $130.08 on average volume. Throughout the day, 1.3 million shares of EOG Resources exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $129.12-$130.40 after having opened the day at $129.86 as compared to the previous trading day's close of $128.66. Other companies within the Energy industry that increased today were: VAALCO Energy ( EGY), up 7.5%, Clayton Williams Energy ( CWEI), up 6.1%, Contango Oil & Gas Company ( MCF), up 5.6%, and Gastar Exploration ( GST), up 5.5%.
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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 $34.97 billion and is part of the basic materials sector. The company has a P/E ratio of 61, above the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year to date as of the close of trading on Monday. Currently there are 20 analysts that rate EOG Resources a buy, one analyst rates it a sell, and three 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 revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, BMB Munai ( BMBM), down 10.4%, GeoGlobal Resources ( GGR), down 10.1%, Zion Oil & Gas ( ZN), down 8.3%, and Sinopec Shanghai Petrochemical Company Limi ( SHI), down 8.1%, were all laggards within the energy industry with Enterprise Products Partners ( EPD) 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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