Seeking Alpha

Eric Landis

 
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  • EOG Resources: The Best Developer In The Eagle Ford Just Keeps Getting Better [View article]
    I would say two and three are weighted more heavily to why the stock is down that the first. The stock was dropping prior to the earnings release on August 5th due to the other factors I mentioned.

    (NYSE:PXD), (NYSE:CLR), (NYSE:OAS) and plenty of other shale drillers have been down similar amounts.

    I thought the earnings report was great and don't plan on selling any time soon. There is volatility in the names, but the long term story hasn't changed.
    Aug 14 04:14 PM | Likes Like |Link to Comment
  • EOG Resources: The Best Developer In The Eagle Ford Just Keeps Getting Better [View article]
    101investor,

    I think its a combination of a few things. The stock ran up into earnings in anticipation of a good number and the stock has sold off after good but not blowout numbers.

    Also keep in mind that the price of oil has dropped by approximately $10 over the last month, putting more pressure on E&P stock prices.

    Finally, the market as a whole has pulled back in recent weeks and with EOG being a higher beta (1.56) stock, its been hit harder than some others.

    Long EOG.
    Aug 14 03:14 PM | 1 Like Like |Link to Comment
  • EOG Resources: Why You Need To See Beyond Valuation [View article]
    Couldn't agree more. EOG is one of the best run E&P companies in the country. Great assets and great execution in unlocking the maximum value in them.

    Long EOG and OXY.
    Oct 14 05:58 PM | 1 Like Like |Link to Comment
  • The Most Promising Energy Stock [View article]
    In looking deeper, your number may not be far off after all. You are correct as I re-read further in the article that delivered to the wellhead prices may be over $300 a ton, making the $100 per ton savings a more reasonable assumption.
    Mar 18 05:48 PM | Likes Like |Link to Comment
  • The Most Promising Energy Stock [View article]
    Interesting article, but your frac sand numbers could use another look.

    You said:
    "Now let's assume that EOG saved $.05 on every pound of sand that it delivers to the well head. Using simple math, that means that EOG will save $96 million in 2013 just by using its own sand!"

    Considering high quality frac sand is currently going for $60-$80 per TON, this number is misleading. At $0.05 savings per LB you are assuming they are saving $100 per ton ($0.05 x 2000 lb/ton) of frac sand, which is more than a ton of sand costs.

    Here is an article quoting the $60-$80 per ton price.
    http://bit.ly/147y2pV

    I am long EOG and agree they are a great company, but if sourcing one's own sand was this profitable everyone would be doing it!
    Mar 18 03:04 PM | 1 Like Like |Link to Comment
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