For Investors Only: SM, EOG, NGLS, GRGP Undervalued -- Barron's

From lede at Google; paid subscription might be required for full story, but the link worked for me:

We found two exploration companies, SM and EOG, and two MLPs, NGLS and TRGP, poised to reward investors over the coming year.

At the link when it worked:

SM's $1.5 billion spending plan for 2013 is focused on developing productive resources in the Eagle Ford Shale in Texas, the Bakken/Three Forks in North Dakota, and emerging-oil formations in the Permian Basin in Texas. In the Eagle Ford, with construction of new pipelines and processing facilities planned, and a partnership with well-funded Anadarko Petroleum, production should grow by nearly 20% this year ...

A larger exploration name that also should benefit from the domestic shift to oil and liquids projects: EOG Resources , once part of Enron. While its natural-gas reserves are significant, it invested early and at a low cost in the Eagle Ford and has considerable oil acreage there.

"This is a stock that could easily appreciate 20% a year for several years because of the investments they have made," .... "At some point, the market will price it appropriately."
While EOG shares have risen 21% over the past 12 months, outperforming many E&Ps, Capital One Southcoast believes shares can jump another 18% to $148. 

Also, this, which I had forgotten about but posted earlier:

Targa is in the growing business of gathering and processing natural-gas liquids, mostly in West Texas and along the Gulf of Mexico coast. And Targa recently announced a $950 million acquisition in the Bakken Shale, which adds a crude oil pipeline and terminal system, as well as natural-gas gathering and processing assets. [See Million Dollar Way, November 16, 2012]

Gregory Reid, the senior portfolio manager at MLP-focused Salient Partners, likes Targa Resources Partners, which could boost distributions by 10% to 12% this year, strengthening its already attractive 6.7% yield.

Disclaimer: this is not an investment site. These are not recommendations.