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Fly News Breaks for June 14, 2017
EOG
Jun 14, 2017 | 09:25 EDT
Bernstein analyst Bob Brackett says that expensive E&P stocks have usually performed better than inexpensive ones. He identifies EOG as "perhaps the best example of (a) high quality, low cost name with high growth potential." The analyst says that the stock has reached its lowest multiple in two years, creating an attractive entry point. He keeps an Outperform rating on the shares.