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EOG - Continental Resources Still Has Some Decent Acreage But It Comes With An Unsustainable Debt Load
EOG Resources Inc.
As I pointed out in a recent article in which I covered EOG (EOG), the current economic crisis may leave many shale producers with no choice but to either declare bankruptcy or sell off some of their best assets. A few may be left standing and they may even be in a position to pick off some of the better assets left on the carcass of the industry. EOG looks like a good bet to be among those few. Continental Resources (CLR) on the other hand is a big question mark.