- EOG Resources is one of the largest independents and focuses on production in North American shale, China, and Trinidad and Tobago.
- The company is primarily focused on producing high amounts of cash flow off of liquids, primarily crude oil.
- The company's focus on crude oil could be a handicap but it recently discovered a huge gas play to help balance it out.
- The company generates copious amounts of free cash flow that has allowed it to grow its dividend at a 22% CAGR since 1999.
- The company appears to be undervalued relative to its peers so could appreciate some as crude oil demand returns to normal over the rest of this year.
For further details see:
EOG Resources: Better Than The Other Oil Independents