Shale Oil Continues Pushing the Needle for This New Oil Major
After more than doubling in value in the last couple of years, EOG Resources Inc ( NYSE: EOG ) is now large enough to be counted as an oil major. The valuation has surged to over $60 billion, yet the company continues to produce substantial growth rates from oil production. EOG Resources is now slightly larger than Anadarko Petroleum Corporation ( NYSE: APC ) and has long passed Apache Corp ( NYSE: APA ) due to industry-leading growth for its size from identifying and developing new shale plays, especially in oil-rich areas. Read the full article here . Disclosure: No positions mentioned. Please review the disclaimer page for more details.