How Will EOG Resources Inc (EOG) Handle the Nat-Gas Rebound?

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The big question is whether EOG Resources Inc (NYSE:EOG) will start to look more closely at boosting natural-gas production. Prices have started to rise, and some players have started looking at boosting gas-drilling activity in response. Chesapeake Energy Corporation (NYSE:CHK) and other major players have resisted the move, but if nat-gas prices rise even further, the temptation may be great to move back toward gas.

In EOG’s quarterly report, pay attention to whether the company comments on more favorable conditions in the natural-gas market. For now, though, it seems much more likely that the company will continue focusing on the winning strategy it already as in place.

The article How Will EOG Resources Handle the Nat-Gas Rebound? originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter: @DanCaplinger. The Motley Fool owns shares of Apache and has options on Chesapeake Energy.

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