Is EOG Stock A Bargain At $120?
1. EOG stock is trading below historical averages despite strong fundamentals. 2. Tensions easing in the Middle East led to a drop in oil prices. 3. EOG's recent acquisition is expected to significantly enhance future EBITDA. 4. Company's valuation metrics indicate it is relatively inexpensive compared to the S&P 500. 5. EOG exhibits strong profitability but weaker resilience in downturns.