Image: EOG rig from EOG Resources
Investment Thesis
The Houston-based EOG Resources (EOG) is one of the top-tier U.S. shale players that I regularly cover on Seeking Alpha. The company was spun out from Enron in 1999.
I like EOG because of its pragmatic management that has followed a rigorous strategy over the years that resulted in steady growth and a remarkable accomplishment.
EOG Resources offers a rock-solid balance sheet with substantial growth potential. It makes the stock an excellent long-term candidate, especially after the massive correction that the oil sector suffered last