22.02.2024 22:21:08 - dpa-AFX: EOG Resources Q4 Profit Drops, Inline With Estimates

WASHINGTON (dpa-AFX) - EOG Resources (EOG) revealed earnings for fourth
quarter that decreased from the same period last year in line with the Street
estimates.

The company's earnings totaled $1.99 billion, or $3.42 per share. This compares with $2.28 billion, or $3.87 per share, in last year's fourth quarter.

Excluding items, EOG Resources reported adjusted earnings of $1.78 billion or
$3.07 per share for the period.

Analysts on average had expected the company to earn $3.07 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 5.4% to $6.36 billion from $6.72
billion last year.

EOG Resources earnings at a glance (GAAP) :

-Earnings (Q4): $1.99 Bln. vs. $2.28 Bln. last year.
-EPS (Q4): $3.42 vs. $3.87 last year.
-Analyst Estimates: $3.07
-Revenue (Q4): $6.36 Bln vs. $6.72 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EOG RESOURCES DL-,01 877961 Frankfurt 111,240 10.06.24 09:11:08 -0,320 -0,29% 111,920 113,780 111,240 111,560

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