- XOM bought XTO last year for the natural gas play
- XOM looking for another acquisition in natural gas
- XOM prefers acquisition to be in area where XOM already operates
- EOG has historically been a natural gas play
- EOG's Yahoo profile mentions only natural gas, nothing about oil
- EOG switching to emphasis on oil
- EOG at the top of the list of T. Boone Pickens' top five energy picks
- EOG was number 1 producer of oil in North Dakota in 2010
- XTO #10 in production in North Dakota in 2010 and 2009; not on top ten list prior to 2009
- XOM's operating cash flow: $55 billion annually; cash on hand: >$12 billion
- EOG's market cap: $28 billion
Tuesday, July 26, 2011
For Investors Only -- Idle Rambling -- XOM, XTO, EOG
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