Entering text into the input field will update the search result below

Still cause to be "slightly bullish" on quality E&P names, J.P. Morgan says

Mar. 17, 2015 2:28 PM ETEOG Resources, Inc. (EOG) StockAPC, CVX, EOGBy: Carl Surran, SA News Editor6 Comments
  • The positives clearly outweigh the negatives for E&P stocks such as EOG Resources (NYSE:EOG), Anadarko Petroleum (NYSE:APC) and Noble Energy (NYSE:NBL), J.P. Morgan's Joseph Allman says of his three preferred stocks in the sector.
  • Allman is "slightly bullish" on the group because of an improving oil market improving, low oil prices with futures in contango, declining service costs, improved wells with new completion designs, and room for improved sentiment as investors remain tentative.
  • The best companies - with high quality assets that give investors the most leverage to the best parts of the best plays, plus strong balance sheets and operating and/or financial catalysts - can still perform very well in this market, Allman writes.

Recommended For You

About EOG Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
EOG--
EOG Resources, Inc.