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HOUSTON (AP) _ EOG Resources Inc. (EOG) on Tuesday reported net income of $1.1 billion in its third quarter.
On a per-share basis, the Houston-based company said it had profit of $2.01. Earnings, adjusted for non-recurring gains, came to $1.31 per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The oil and gas company posted revenue of $5.12 billion in the period, which also beat Street forecasts. Analysts expected $4.02 billion, according to Zacks.
EOG Resources shares have risen almost 8 percent since the beginning of the year, while the Standard & Poor's 500 index has risen roughly 9 percent. In the final minutes of trading on Tuesday, shares hit $90.28, a decrease of roughly 2 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. EOG stock research report from Zacks.
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Keywords:EOG Resources,Earnings Report
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EOG Resources
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CODE : EOG |
ISIN : US26875P1012 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
EOG Res. is a and oil producing company based in United states of america. EOG Res. is listed in United States of America. Its market capitalisation is US$ 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. |