August 24, 2012
In today's video, analyst/editor Joel South discusses EOG Resources and gives three reasons why this company made it on his list of top energy companies. EOG, like most E&Ps, is moving away from dry natural gas drilling and focusing on liquids production. However, EOG is not only targeting liquids -- it's also specializing in finding plays that yield oil. In additional to increasing oil production, EOG is among the best in the energy sector at innovating and finding creative ways to boost margins and find resources to utilize the WTI and Brent crude oil price spreads. For more information on the fascinating company, watch the video below.
EOG is starting to enhance its expertise in crude production, boosting the company's top and bottom lines as the price of oil continues to inch higher. However, it is just one of the few companies that are positioned to soar with oil prices edging higher. If you're on the lookout for some intriguing energy plays, check out The Motley Fool's "3 Stocks for $100 Oil." You can get free access to this special report by clicking here.