How EOG, an Enron Castaway, Became the ‘Apple of Oil’

As crude prices plunge below $80 a barrel and billions are erased from the market value of energy companies, there’s one U.S. oil producer that most analysts still think makes a good buy.

EOG Resources Inc., formerly a part of the old Enron Corp. empire, has emerged as the most-recommended stock in the oil industry. The Houston-based company is the only shale producer expected to generate more cash than it spends both this year and next after oil fell to a three year low this week, according to data compiled by Bloomberg.