Enron’s successor, EOG, is a buy

EOG Resources is the premier onshore U.S. crude oil producer, capable of sustaining many years of very high production growth supported by its exceptional acreage position and industry-leading technical advances. The stock is currently trading at $103 per share (as of May 5) and has an upside target of $209 per share, which is more than double its current price, over the next 12 months assuming a $62 per barrel WTI crude oil price.

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From:: Resource Investor

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