EOG - EOG Resources: Clear Cut 8% Yield Makes This Investment Easy
- There are two types of E&P companies. Those that are returning capital to shareholders right now. And those that will in H2. A discussion of why this makes sense.
- We are in the middle of a vicious energy cycle, and why that means higher energy prices for longer.
- EOG Resources is priced at 7x this year's free cash flow, if we use $110 WTI.
- EOG Resources' clear-cut, no-nonsense, capital allocation strategy will continue to be rewarded by the market and support its share price during this turbulent market.
- As always, happy to discuss my thesis further in the comments section.
For further details see:
EOG Resources: Clear Cut, 8% Yield, Makes This Investment Easy