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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

EOG Resources ( EOG) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 1.2%. By the end of trading, EOG Resources fell $4.57 (-3.1%) to $144.07 on heavy volume. Throughout the day, 3,031,762 shares of EOG Resources exchanged hands as compared to its average daily volume of 1,799,800 shares. The stock ranged in price between $143.16-$149.14 after having opened the day at $149.14 as compared to the previous trading day's close of $148.64. Other companies within the Energy industry that declined today were: Syntroleum Corporation ( SYNM), down 10.8%, Harvest Natural Resources ( HNR), down 8.2%, Hercules Offshore ( HERO), down 7.8% and Lone Pine Resources ( LPR), down 7.4%.

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 $40.7 billion and is part of the basic materials sector. Shares are up 23.8% 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 positive front, PostRock Energy ( PSTR), up 8.9%, PrimeEnergy ( PNRG), up 8.5%, Houston American Energy Corporation ( HUSA), up 5.8% and Dejour Energy ( DEJ), up 4.4% , were all gainers within the energy industry with Western Refining ( WNR) being today's featured energy industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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