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HOUSTON (AP) _ EOG Resources Inc. (EOG) on Wednesday reported fourth-quarter net income of $444.6 million.
The Houston-based company said it had profit of 81 cents per share. Earnings, adjusted for non-recurring gains, came to 79 cents per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The oil and gas company posted revenue of $4.65 billion in the period, beating Street forecasts. Analysts expected $3.99 billion, according to Zacks.
For the year, the company reported profit of $2.92 billion, or $5.32 per share. Revenue was reported as $18.04 billion.
EOG Resources shares have climbed 3.5 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 2 percent. In the final minutes of trading on Wednesday, shares hit $95.31, a rise of almost 8 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EOG at http://www.zacks.com/ap/EOG
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Keywords: EOG Resources, Earnings Report
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EOG Resources
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CODE : EOG |
ISIN : US26875P1012 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
EOG Res. is a and oil producing company based in United states of america. EOG Res. is listed in United States of America. Its market capitalisation is US$ 78.5 billions as of today (€ 73.4 billions). Its stock quote reached its lowest recent point on July 11, 2003 at US$ 10.00, and its highest recent level on April 26, 2024 at US$ 135.70. EOG Res. has 578 636 343 shares outstanding. |