EOG Resources Inc. (EOG)

[Timothy Smith]

$EOG is the largest and best positioned producer in the Eagle Ford basin. Most of the company's assets are in the 'oilest' window of the formation resulting in the most profitable operations.

EOG's drilling program has been impressive. During the first quarter, 27 new wells that came online had initial production rates above 2,500 b/d.

That's impressive for a shale play. In addition, the company boosted its estimated Eagle Ford reserves of recoverable oil from 900 billion barrels to 1.6 billion barrels by decreasing the space between each well.

EOG Resources is by far the industry's fastest growing independent producer with output projected to grow 28% in 2013.

Management also has a track record of rewarding shareholders raising its dividend 760% over the last ten years.