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 0.7%. By the end of trading, EOG Resources rose $1.71 (1.3%) to $132.83 on average volume. Throughout the day, 1,573,496 shares of EOG Resources exchanged hands as compared to its average daily volume of 1,998,800 shares. The stock ranged in a price between $130.12-$133.42 after having opened the day at $130.49 as compared to the previous trading day's close of $131.12. Other companies within the Energy industry that increased today were: InterOil Corporation ( IOC), up 7.5%, YPF Sociedad Anonima ( YPF), up 7.5%, Key Energy Services ( KEG), up 6.8% and U.S. Energy ( USEG), up 6.7%.
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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 $35.6 billion and is part of the basic materials sector. The company has a P/E ratio of 47.9, above the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Tuesday. Currently there are 22 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 4 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, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Lone Pine Resources ( LPR), down 14.9%, Andatee China Marine Fuel Services Corporat ( AMCF), down 10.4%, Houston American Energy Corporation ( HUSA), down 10.0% and Royale Energy ( ROYL), down 6.9% , were all laggards within the energy industry with Anadarko Petroleum ( APC) 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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