EOG Resources Earnings Miss, Revenue Beats In Q2
2022.08.04 23:46
EOG Resources Earnings Miss, Revenue Beats In Q2
Investing.com – EOG Resources (NYSE:EOG) reported on Thursday second quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
EOG Resources announced earnings per share of $2.74 on revenue of $7.41B. Analysts polled by Investing.com anticipated EPS of $3.06 on revenue of $5.4B.
EOG Resources shares are up 13.41% from the beginning of the year, still down 31.58% from its 52 week high of $145.98 set on June 8. They are outperforming the S&P 500 which is down 12.89% from the start of the year.
EOG Resources shares gained 0.17% in after-hours trade following the report.
EOG Resources follows other major Energy sector earnings this month
EOG Resources’s report follows an earnings beat by Exxon Mobil on July 29, who reported EPS of $4.14 on revenue of $115.68B, compared to forecasts EPS of $3.84 on revenue of $111.3B.
Chevron had beat expectations on July 29 with second quarter EPS of $5.82 on revenue of $68.76B, compared to forecast for EPS of $5.08 on revenue of $58.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
