Bernstein named EOG Resources (EOG), Conoco Phillips (COP), and Devon Energy (DVN) as the E&P stocks with the least potential to cause pain to investors. EOG may cut its dividend, but that would probably not impact the stock, and the company is unlikely to issue new shares, according to Bernstein. Conoco Phillips has already cut its dividend, and may have to sell more assets if low commodity prices persist, the firm stated. An equity raise and asset sales are already priced into Devon's stock, according to the firm. It keeps Outperform ratings on all the stocks named.