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HOUSTON (AP) _ EOG Resources Inc. (EOG) on Monday reported a first-quarter loss of $169.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Houston-based company said it had a loss of 31 cents. Earnings, adjusted for non-recurring costs, were 3 cents per share.
The results exceeded Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The oil and gas company posted revenue of $2.32 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.56 billion.
EOG Resources shares have risen 8 percent since the beginning of the year, while the Standard & Poor's 500 index has risen roughly 3 percent. In the final minutes of trading on Monday, shares hit $99.39, an increase of slightly more than 2 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EOG at http://www.zacks.com/ap/EOG
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Keywords: EOG Resources, Earnings Report
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EOG Resources
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CODE : EOG |
ISIN : US26875P1012 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
EOG Res. est une société de production minière et de pétrole basée aux Etats-Unis D'Amerique. EOG Res. est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 78,3 milliards US$ (73,1 milliards €). La valeur de son action a atteint son plus bas niveau récent le 11 juillet 2003 à 10,00 US$, et son plus haut niveau récent le 25 avril 2024 à 135,26 US$. EOG Res. possède 578 636 343 actions en circulation. |