Barclays' Thomas Driscoll's favorite oil and gas E&P plays remain EOG and NBL among large...

|About: EOG Resources, Inc. (EOG)|By:, SA News Editor

Barclays' Thomas Driscoll's favorite oil and gas E&P plays remain EOG and NBL among large caps, and DNR, PXP and WLL in mid caps. Among companies with gas exposure, he thinks DVN, QEP and WPX would trade at group average multiples at gas prices of $2-$3.50 MMbtu; prices of $6/MMbtu would be required for ECA, SWN and UPL.