EOG Resources Inc reports results for the quarter ended September 30 - Earnings Summary

• EOG Resources Inc EOG.N reported quarterly adjusted earnings of $2.27​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.89. The mean expectation of twenty nine analysts for the quarter was for earnings of $2.43 per share. Wall Street expected results to range from $2.22 to $2.65 per share.

• Revenue rose 3.1% to $5.85 billion from a year ago; analysts expected $5.98 billion.

• EOG Resources Inc's reported EPS for the quarter was $2.70​.

• The company reported quarterly net income of $1.47 billion.

• EOG Resources Inc shares had risen by 16.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 16 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

• Wall Street's median 12-month price target for EOG Resources Inc is $134.00, about 7.7% above its last closing price of $123.70

This summary was machine generated from LSEG data February 24 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)