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Say what you will about the Mad Maestro of Mad Money Jim Cramer, he has been an early and vocal advocate for the energy companies using fracking technology to power impressive production growth in this country over the past few years. Many of these picks have provided outsized returns to shareholders. The Mad Money host recently came out with numerous of his favorite energy concerns he feels should move higher. Here are two of these selections I also find attractive at these levels for long term growth investors.

EOG Resources (NYSE:EOG) is the biggest leaseholder in the Eagle Ford shale region where production is exploding. I last covered this play in May when it was selling more than $40 a share lower. Like Cramer, I still see long term upside as it has some of the best fields in fast growing Eagle Ford shale formation.

Consensus earnings estimates for both FY2013 & FY2014 have moved up substantially over the last three months. Analysts have been slow to factor in the company's increasing earnings power. The company has crushed bottom line earnings expectations each of the last five quarters.

Revenues are tracking to better than a 25% gain this fiscal year and analysts expect sales increases in the mid-teens in FY2014 currently. The company has a strong balance sheet, has more than doubled operating cash flow since the end of FY2010 and the stock sells at 19x forward earnings; a discount to its five year average (25.5).

Since I highlighted the biggest leaseholder in the Eagle Ford, it seems appropriate to throw in the biggest leaseholder and producer in the Bakken shale region. That would be Continental Resources (NYSE:CLR), one of the primary pioneers of fracking technology. The stock is up some 10% since I last profiled it in early September but still is poised for more upside.

Like at EOG Resources, consensus earnings estimates for FY2013 & FY2014 have moved up nicely over the past 90 days. The company is experiencing significant production growth. Revenue is tracking to more than a 50% gain this fiscal year and analysts believe the company will produce more than 25% growth in FY2014.

The stock has a five year projected PEG of under 1 (.56) and sells for ~15.5x forward earnings, a substantial discount to its five year historical average (27.8). Continental has a solid balance sheet and has more than tripled operating cash flow since the end of FY2010.

Disclosure: I am long CLR. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Source: 2 Of Jim Cramer's Favorite Energy Plays