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

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 higher today making it today's featured energy winner. The industry as a whole closed the day down 0.9%. By the end of trading, EOG Resources rose $3.00 (2.0%) to $156.22 on heavy volume. Throughout the day, 4,679,088 shares of EOG Resources exchanged hands as compared to its average daily volume of 1,672,800 shares. The stock ranged in a price between $155.29-$161.47 after having opened the day at $160.89 as compared to the previous trading day's close of $153.22. Other companies within the Energy industry that increased today were: BMB Munai ( BMBM), up 24.5%, SMF Energy Corporation ( FUEL), up 12.5%, Tesco Corporation ( TESO), up 10.3% and Tetra Technologies ( TTI), up 9.3%.

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 $41.9 billion and is part of the basic materials sector. Shares are up 26.8% 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 negative front, Atlas Resource Partners ( ARP), down 10.2%, W&T Offshore ( WTI), down 9.3%, Samson Oil & Gas ( SSN), down 9.1% and SandRidge Energy ( SD), down 9.0% , were all laggards within the energy industry with Cabot Oil & Gas Corporation ( COG) 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.
null

If you liked this article you might like

Occidental, RSP Permian Pumping More Shale Oil Than Expected, Goldman Says

Occidental, RSP Permian Pumping More Shale Oil Than Expected, Goldman Says

EOG Resources May Not Be Able to Resume Its Uptrend

EOG Resources May Not Be Able to Resume Its Uptrend

3 Game-Changing Areas Where Warren Buffett Should Spend Berkshire's Tax Windfall

3 Game-Changing Areas Where Warren Buffett Should Spend Berkshire's Tax Windfall

EOG Resources Is Extended; Exercise Caution

EOG Resources Is Extended; Exercise Caution

Learn From My Portfolio Mistakes: Cramer's 'Mad Money' Recap (Friday 12/29/17)

Learn From My Portfolio Mistakes: Cramer's 'Mad Money' Recap (Friday 12/29/17)