Bobwins: EOG looks like another excellent play on the sharp rise in natural gas prices. Thanks for posting about this one. Their lack of hedging will make for some windfall earnings in Q3 and beyond. Their reserves are also solid, at about 10 years as of 12/31/04 at last year's production rates. Hopefully they will match this year's increased production with new reserves ....
I picked up some stock and a few of the January '07 75 Calls @ 12.30. I prefer the LEAPs to ride out any short term volatility in the stock price ....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.