Saturday, July 7, 2007

EOG Resources

EOG Resources is among the world’s largest Oil and Gas Exploration and Production sector businesses in the world.  EOG Resources’s employees generate $1.091B in profits on $3.502B of revenue.  Global output in the Oil and Gas Exploration and Production business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but EOG Resources is determined to remain a market leader.  Sectoral leadership in the Oil and Gas Exploration and Production segment takes dedication and consistency, but management seeks out-sized growth.

EOG Resources’s ticker symbol EOG has recently been trading near $73.22 a share.  The EOG Resources corporate headquarters in Houston, TX predicts Oil and Gas Exploration and Production profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $17.909B ensures sufficient liquidity.  With a beta of 0.93, the company is less volatile than the market as a whole.  When the average equity moves lower, EOG Resources moves less aggressively.

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