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Top trader Najarian buys another energy stock

Sand destined for the oil and gas fields piles up at the EOG Resources processing plant in Chippewa Falls, Wisc.
Steve Karnowski | AP
Sand destined for the oil and gas fields piles up at the EOG Resources processing plant in Chippewa Falls, Wisc.

Ahead of a highly anticipated OPEC meeting on Dec. 4, Jon Najarian bought shares of EOG Resources for his "Halftime Report" model portfolio, an energy name he believes is poised to move higher.

In the past three months, the energy sector is the second-best performing group in the S&P 500, up nearly 15 percent as investors rotate back into the space with oil prices stabilizing. EOG Resources, an independent oil and gas producer, is up more than 20 percent over that period.

Tuesday's move follows Najarian's purchase of Anadarko Petroleum on Monday.

Here's where the options trader is seeing the fast money headed on this energy play: