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Anadarko Petroleum, EOG Resources Rise On Cramer Enthusiasm For Growth Prospects

Anadarko Petroleum, EOG Resources Rise On Cramer Enthusiasm For Growth Prospects

Shares of Anadarko Petroleum (APC) and EOG Resources (EOG) gained after CNBC personality Jim Cramer said they are his favorites among fast-growing U.S. energy companies. Cramer said domestic energy companies with top reserves are enjoying growth rates of up to 40%, and compared them to top software-as-a-service (SaaS) for their revenue growth possibilities. He also mentioned Cimarex (XEC) and Carrizo Oil & Gas (CRZO) as among those with stellar growth potential, in his estimation. In afternoon trade, APC was up 1.57% to $102.25, EOG was up 0.50% to $104.68, XEC was up 0.11% to $129.15, and CRZO was up 2.14% to $58.78 after hitting a 52-week high of $59.08 earlier in the session.

Anadarko Petroleum, EOG Resources Rise On Cramer Enthusiasm For Growth Prospects

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