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EOG Resources: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

HOUSTON (AP) — HOUSTON (AP) — EOG Resources Inc. (EOG) on Thursday reported second-quarter profit of $1.69 billion.

The Houston-based company said it had net income of $2.95 per share. Earnings, adjusted for non-recurring costs, were $3.16 per share.

The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.98 per share.

The oil and gas company posted revenue of $6.03 billion in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $6.06 billion.

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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 https://www.zacks.com/ap/EOG