EOG Over-Valued; COP Under-Valued -- Fitzsimmons -- April 22, 2019

From SeekingAlpha:

• Continuing my potential M&A analysis of domestic O&G producers, today, I compare two of America's best: EOG and ConocoPhillips
• From a high-level perspective, it is clear that EOG is valued at a significant premium as compared to COP
• Yet COP realizes ~$8/boe higher pricing due to its conventional assets in places like Alaska and Australia (to name just two)
• Meantime, COP generated more than 3x the FCF as compared to EOG, and production is only 1.7x higher
• In my opinion, EOG is overvalued, and COP significantly undervalued - especially when compared to EOG

Obviously, much more at the link.

Archived.

For the record: I am unaware of anyone who knows the oil sector better than Mike Fitzsimmons.