EOG Resources announced earnings per share of $0.71 on revenue of $2.97B. Analysts polled by Investing.com anticipated EPS of $0.3654 on revenue of $2.89B.
EOG Resources shares are up 41.61% from the beginning of the year, still down 3.05% from its 52 week high of $72.84 set on February 24. They are outperforming the S&P 500 which is up 1.95% from the start of the year.
EOG Resources’s report follows an earnings beat by Exxon Mobil on February 2, who reported EPS of $0.03 on revenue of $46.54B, compared to forecasts EPS of $0.0078 on revenue of $46.55B.
Chevron had missed expectations on January 29 with fourth quarter EPS of $-0.01 on revenue of $25.25B, compared to forecast for EPS of $0.0918 on revenue of $25.82B.
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