3 Reasons to Buy EOG Resources

In the video below, Motley Fool energy analysts Joel South and Taylor Muckerman discuss gas and oil producer EOG Resources (NYSE: EOG  ) . With the strong oil growth in both the Bakken Shale and Eagle Ford Shale plays, EOG offers positive signs for long-term investors. 

EOG is dominating its field. With peer-crushing technical efficiency, it simply is able to more cheaply and quickly produce liquids, specifically oil. It does so at a cost of $1 million-$2 million per well less than competitors Kodiak Oil & Gas (NYSE: KOG  ) and Continental Resources (NYSE: CLR  ) in the Eagle Ford and Bakken. EOG also is able to sell its product for a least 10% more as well, making for a very powerful combination. 

Watch for more about this low-cost leader and find out why the future looks bright for this E&P leader.

While EOG is the dominant player, another dynamic growth story in this region is Kodiak Oil & Gas. But before you hitch your horse to this carriage, let us help you with your due diligence. To see if Kodiak is currently a buy or sell, check out our new premium report, which comes with a year of timely updates and analysis.

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Related Tickers

10/24/2016 4:01 PM
EOG $93.62 Down -0.26 -0.28%
EOG Resources CAPS Rating: ****
CLR $51.97 Down -0.88 -1.67%
Continental Resour… CAPS Rating: **
KOG.DL $0.00 Down +0.00 +0.00%
Kodiak Oil and Gas CAPS Rating: *****