2. As of noon trading, EOG Resources ( EOG) is down $1.88 (-1.5%) to $119.98 on average volume Thus far, 1.1 million shares of EOG Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $119.45-$121.91 after having opened the day at $121.70 as compared to the previous trading day's close of $121.86.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas. EOG Resources has a market cap of $32.6 billion and is part of the basic materials sector. The company has a P/E ratio of 56.8, above the S&P 500 P/E ratio of 17.7. Shares are up 0.9% year to date as of the close of trading on Thursday.

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. Get the full EOG Resources Ratings Report now.

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