EOG Resources: Q4 Earnings Snapshot
By AP News
Published - Feb 23, 2023, 05:45 PM ET
Last Updated - Jun 22, 2023, 07:47 PM EDT
HOUSTON (AP) — HOUSTON (AP) — EOG Resources Inc. (EOG) on Thursday reported fourth-quarter net income of $2.28 billion.
The Houston-based company said it had net income of $3.87 per share. Earnings, adjusted for non-recurring gains, were $3.30 per share.
The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.31 per share.
The oil and gas company posted revenue of $6.72 billion in the period, topping Street forecasts. Seven analysts surveyed by Zacks expected $6.39 billion.
