Sometimes you look at companies and can't help but be impressed. That's the case when I look at Apache Corp. (NYSE:APA) and EOG Resources (NYSE:EOG). However, Apache has more appeal to me since the company, which is extremely balanced (53% oil and natural gas liquids and 47% natural gas), is tied to the higher priced Brent crude oil (EOG is hedged to WTI crude oil).
It is hard to ignore the fact Apache has generated over $7 billion in asset sales, and judging by comments made recently by management during its Q313 earnings call, they are not done with non-core asset sales. This has me thinking that raising Apache's dividend or finding some inorganic value seems very credible to a leadership team that has a laser-like focus on growth. Additionally, the move to sell off some of its Egyptian stake to China's Sinopec (NYSE:SHI) could open the door for more collaboration between the two companies.
John Licata has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of EOG Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.