EOG Resources Inc (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 0.3%. By the end of trading, EOG Resources rose $2.19 (2.3%) to $99.25 on average volume. Throughout the day, 4,730,211 shares of EOG Resources exchanged hands as compared to its average daily volume of 4,161,200 shares. The stock ranged in a price between $96.01-$99.71 after having opened the day at $96.05 as compared to the previous trading day's close of $97.06. Other companies within the Energy industry that increased today were: GeoPark ( GPRK), up 12.5%, Houston American Energy ( HUSA), up 9.1%, Enservco ( ENSV), up 7.2% and Tesco ( TESO), up 6.1%.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. EOG Resources has a market cap of $53.0 billion and is part of the basic materials sector. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate EOG Resources a buy, no analysts rate it a sell, and 5 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Kosmos Energy ( KOS), down 6.5%, KiOR ( KIOR), down 4.5%, TransAtlantic Petroleum ( TAT), down 3.6% and FX Energy ( FXEN), down 3.2% , were all laggards within the energy industry with Petroleo Brasileiro SA Petrobras ( PBR.A) 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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