In the following video, Motley Fool energy analyst Joel South looks at the continuing strength of EOG Resources (NYSE:EOG). He notes the company's incredibly strong discretionary cash flow for Q4 and for 2012 as a whole, something that is vital to companies in this space. He also tells us about the company's growth profile, which continues to be excellent despite EOG's size, and highlights some things from the company's balance sheet that make it a great play.

Joel South has no position in any stocks mentioned. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.