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 up 1.0%. By the end of trading, EOG Resources rose $2.87 (1.7%) to $172.15 on average volume. Throughout the day, 1,384,821 shares of EOG Resources exchanged hands as compared to its average daily volume of 1,599,900 shares. The stock ranged in a price between $168.55-$172.83 after having opened the day at $168.61 as compared to the previous trading day's close of $169.28. Other companies within the Energy industry that increased today were: Pyramid Oil Company ( PDO), up 17.0%, Quicksilver Resources ( KWK), up 10.2%, Gastar Exploration ( GST), up 9.4% and Approach Resources ( AREX), up 9.1%.

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 $46.9 billion and is part of the basic materials sector. Shares are up 42.5% year to date as of the close of trading on Monday. Currently there are 21 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 3 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, GeoPetro Resources Company ( GPR), down 22.5%, HyperDynamics Corporation ( HDY), down 14.9%, KiOR ( KIOR), down 9.9% and Pedevco ( PED), down 8.2% , were all laggards within the energy industry with Enbridge ( ENB) 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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