Investing.com - EOG Resources (NYSE:EOG) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
EOG Resources announced earnings per share of $4 on revenue of $3.98B. Analysts polled by Investing.com anticipated EPS of $3.64 on revenue of $5.44B.
EOG Resources shares are up 38.94% from the beginning of the year and are trading at $125.00 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.99% from the start of the year.
EOG Resources shares gained 1.28% in after-hours trade the report.
EOG Resources follows other major Energy sector earnings this month
EOG Resources's report follows an earnings missed by Exxon Mobil on April 29, who reported EPS of $2.07 on revenue of $90.5B, compared to forecasts EPS of $2.23 on revenue of $82.84B.
Chevron had missed expectations on April 29 with first quarter EPS of $3.36 on revenue of $54.37B, compared to forecast for EPS of $3.4 on revenue of $51.14B.
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