FANG - EOG Resources: Calling A Buy On This Permian Belle

2024-06-20 17:21:20 ET

Summary

• EOG Resources, Inc. is a top-tier liquid-weighted shale producer with strong financial projections and stock price improvement potential.
• Despite the recent sell-off in oil-related assets, EOG Resources is trading at reasonable metrics and presents a potential entry point for investors.
• EOG Resources is committed to cost control, technology innovation, and capital return to shareholders, making it a strong investment option in the current market conditions.

Introduction

EOG Resources, Inc. ( EOG ) ticks most of the boxes-rock, logistics, LOE, and technology when it comes to the top tier of liquids-weighted shale producers. It's been on our buy list for a long time and just hasn't reached a hope-inspired level to allow an entry point. The current sell-off in everything related to oil may present such an opportunity....

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