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Re: None

Thursday, 11/29/2012 7:31:42 PM

Thursday, November 29, 2012 7:31:42 PM

Post# of 133
EOG Resources (EOG) continues to outperform analyst estimates. There are multiple catalysts going forward that are my reasoning for a 12 month price target of $148.

EOG's current valuation is high, but company growth estimates are attainable. In 2006, company production was 21% liquids and 79% natural gas. 2012 company estimates are an average production of 86% liquids and 14% gas.

EOG will continue to decrease gas production. There is further growth to be attained by increasing oil production at the expense of natural gas liquids. EOG is shifting dollars from combo to black oil plays.

OTCBB / Pink Sheet Oil & Gas Stocks

Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.

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