EOG Resources: Q3 Earnings Snapshot
By AP News
Published - Nov 07, 2024, 04:34 PM ET
Last Updated - Dec 16, 2024, 05:34 PM EST
HOUSTON (AP) — HOUSTON (AP) — EOG Resources Inc. (EOG) on Thursday reported third-quarter earnings of $1.67 billion.
On a per-share basis, the Houston-based company said it had net income of $2.95. Earnings, adjusted for non-recurring gains, came to $2.89 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share.
The oil and gas company posted revenue of $5.97 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $6.03 billion.
