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Oil firm EOG Resources’ quarterly profit falls
2024.02.22 16:30
© Reuters. FILE PHOTO: The logo of U.S. oil and gas company EOG Resources is seen in its office in Chongqing, China December 15, 2017. Picture taken December 15, 2017. REUTERS/Chen Aizhu/File Photo
(Reuters) – U.S. oil and gas producer EOG Resources (NYSE:) reported a fall in its fourth-quarter profit on Thursday, hurt by lower commodity prices.
The Houston, Texas-based company’s net income fell to $1.99 billion, or $3.42 per share, in the quarter ended Dec. 31, from $2.28 billion, or $3.87 per share a year ago.
