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

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 0.6%. By the end of trading, EOG Resources rose $1.70 (1.3%) to $131.85 on light volume. Throughout the day, 1,251,185 shares of EOG Resources exchanged hands as compared to its average daily volume of 1,927,400 shares. The stock ranged in a price between $129.53-$132.55 after having opened the day at $131.19 as compared to the previous trading day's close of $130.15. Other companies within the Energy industry that increased today were: PostRock Energy ( PSTR), up 11.2%, Andatee China Marine Fuel Services Corporat ( AMCF), up 11.0%, KiOR ( KIOR), up 10.8% and Cheniere Energy Partners ( CQP), up 10.3%.

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 $34.7 billion and is part of the basic materials sector. The company has a P/E ratio of 46.7, above the S&P 500 P/E ratio of 17.7. Shares are up 7.7% year to date as of the close of trading on Tuesday. Currently there are 21 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 solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Cubic Energy ( QBC), down 12.1%, Quicksilver Resources ( KWK), down 7.2%, Panhandle Oil and Gas ( PHX), down 5.9% and Whiting USA Trust I ( WHX), down 4.9% , were all laggards within the energy industry with Helmerich & Payne ( HP) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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