“Lampe: GOOGL Outperforms as "Market Writes Its Obituary," Energy Needs Grow”
EOG is the top-tier oil shale operator due to low costs, discipline, dividends, and attractive valuation (P/E 11, 3% yield).
Well, I mean, companies like EOG are trading at a price-to-earnings ratio of 11, which is lower than the S&P 500, and are offering a 3% return. In my opinion, it is the best in its class as an operator in the oil shale sector.
Its costs are the lowest, it is disciplined, and it has real dividend payouts. I mean, these companies are here to stay and they have strong contracts, and that's what I really like .