Top Asian Companies For 2015

Top Asian Companies For 2015: EOG Resources Inc.(EOG)

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas and crude oil primarily in the United States, Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People's Republic of China. As of December 31, 2010, its total estimated net proved reserves were 1,950 million barrels of oil equivalent (MMBoe), of which 386 million barrels (MMBbl) were crude oil and condensate reserves, and 152 MMBbl were natural gas liquids reserves; and 8,470 billion cubic feet (Bcf) or 1,412 MMBoe were natural gas reserves. The company held approximately 520,000 net acres in the mature oil window of the Eagle Ford Shale Play near San Antonio, Texas. EOG Resources, Inc. was founded in 1985 and is based in Houston, Texas.

Advisors' Opinion:

• [By Aimee Duffy]

  Customer diversification and fee-based revenue are tough to beat. Let's look at some of QEP's top customers:

  Anadarko Petroleum EOG Resources (NYSE: EOG  ) Questar (NYSE: STR  ) Ultra Resources, a subsidiary of Ultra Petroleum (NYSE: UPL  )

  EOG Resources accounted for 11% of the midstream unit's revenue in 2012, while Questar accounted for 12%. Ultra is one of the two-largest shippers on QEP's Green River 60-mile crude oil pipeline (the other is Chevron).

• [By Arjun Sreekumar]

  The higher resource estimate is due mainly to a reassessment of the quality of the company's acreage and improved technical knowledge it has gleaned over years of drilling. Conoco is not the only company to revise its Eagle Ford resource estimate upward. Peer EOG Resources (NYSE: EOG  ) also this year increased its Eagle Ford resource potential to 3.2 billion barrels of oil equivalent, of BBOE, up 45%from a previous estimate of 2.2 BBOE, thanks largely to improvements in completion techniques and tighter spacing between wells.

• [By Paul Ausick]

  EOG Resources Inc. (NYSE: EOG) is down 0.8%, at $158.12 in a 52-week range of $105.45 to $161.47.

  The U.S. Natural Gas Fund (NYSEMKT: UNG) is down 1.2%, at $18.56 in a 52-week range of $16.59 to $24.09. The Market Vectors Oil Services ETF (NYSEMKT: OIH) is down 0.6%, at $45.45 in a 52-week range of $36.24 to $46.78. The first fund tracks spot prices; the second includes major drillers and services companies.

• [By Chad Fraser]

  One stock the Energy Strategist highlights as a strong choice for growth-focused oil and gas investing is EOG Resources (NYSE: EOG), one of America’s largest non-integrated oil and gas firms and one of the top five companies in the prolific Bakken shale region by oil and gas production. It’s also the largest producer in Texas’s Eagle Ford shale.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-asian-companies-for-2015-3.html